02 Apr 2026

South Korean robotics maker EveryBot Inc has moved to sell real estate assets valued at about 26 billion won (approximately USD 19.4 million) as part of a strategic shift in its business operations. The company, listed on the Korea Exchange under the code 270660.KQ, disclosed the intention to divest property holdings in a filing earlier this week. This decision comes amid broader efforts by tech and robotics firms in the region to streamline balance sheets and focus on core business segments. EveryBot's asset sale follows its history of product collaborations and previous investments in robotics ventures.Read more

02 Apr 2026

Berkeley has revised its growth and profit plans due to geopolitical tensions and economic pressures affecting the housing market. The company expects pre-tax profits of over 1.4 billion pounds (USD 1.9 billion) from fiscal 2027 to 2030, with margins of 17.5%-19.5%, below previous levels. Rising construction costs and regulatory burdens have led Berkeley to halt land purchases and slow investments, while reducing operating costs to protect its balance sheet. Shareholders will continue to receive returns through dividends and buybacks, though analysts caution about a slower earnings trajectory.Read more

02 Apr 2026

Hong Kong's retail sales surged 19.3% in February from a year earlier, marking ten months of consecutive growth. Total sales reached HKINR 35 billion (USD 4.47 billion), with sales volume up 17.5%, the highest since March 2023. Visitor arrivals, particularly from mainland China, rose sharply, supporting retail demand. Jewellery, watches, and fashion products saw notable growth. Government officials highlighted the strong local economy and rising inbound tourism as key drivers. This growth underscores the combined impact of consumer confidence and a recovery in tourism spending.Read more

02 Apr 2026

Sansiri PCL sold 225,000 shares of Anima Co to Mitsui Fudosan Asia Development (Thailand) for a total of 22.5 million INR. The sale is part of Sansiri's broader strategy to optimize its investment portfolio and concentrate on core real estate development projects. Analysts note that such disposals enable companies to reallocate capital efficiently and strengthen strategic partnerships in the region. The move continues Sansiri's past efforts to adjust its holdings in non-core businesses, aiming to improve operational focus and maximize shareholder value in a competitive Thai real estate market.Read more

02 Apr 2026

Swiss Prime Site has announced the appointment of Martina Moosmann as its new Chief Financial Officer, with effect from April 15, 2026. She will take over the role from Marcel Kucher, marking a leadership transition at the senior management level. The company has been focusing on strengthening its financial strategy and operational efficiency, and this move is seen as part of that direction. Moosmann's appointment comes at a time when the firm continues to manage its real estate portfolio and align its financial planning with market conditions and long-term growth.Read more

02 Apr 2026

Fibra Park Life, a Mexico-based real estate investment trust focused on rental housing, has raised around USD 14.8 million through its initial public offering on the Mexican stock exchange. The issue was priced at 220 Mexican pesos per certificate, within the indicated range. The trust's initial portfolio includes four residential properties across Mexico City and Queretaro, with a total of 287 units. The funds will be used for working capital and future acquisitions. The listing marks a step forward in expanding institutional participation in Mexico's residential rental market.Read more

02 Apr 2026

Lai Sun Development has proposed extending the maturity of its USD 493 million bond due in July by three years, while offering to repay 20% upfront. The move reflects continued financial pressure among Hong Kong developers despite some recovery in the residential market. The company has been engaging with bondholders and plans to seek formal approval in June. Weak office and retail segments, rising borrowings, and recent losses have added to the strain, prompting the developer to explore liability management options to stabilise its financial position.Read more

02 Apr 2026

Prisma Properties AB has exited the Norwegian market after divesting two properties in a transaction aligned with their book value. The move reflects the company's strategic decision to streamline its portfolio and focus on core markets. While the company has not disclosed buyer details, the exit signals a shift in geographic priorities. Prisma has previously been active in retail-focused real estate across the Nordic region, and this step is seen as part of its broader capital allocation strategy aimed at improving operational focus and long-term returns.Read more

01 Apr 2026

The US Department of Justice has stepped up its review of Paramount Skydance's proposed USD 110 billion acquisition of Warner Bros Discovery by issuing subpoenas to gather detailed information. The probe is focusing on potential impacts on content production, streaming competition, film distribution, and employment. Regulators in Europe, Canada, and California are also examining the deal. Concerns have emerged around reduced competition, possible job losses, and fewer film releases. Paramount, however, continues to push for a timely closure while anticipating scrutiny across multiple jurisdictions.Read more

01 Apr 2026

Canada-based insurer Sun Life Financial has completed the acquisition of the remaining stakes in real estate investment manager BGO and alternative credit firm Crescent Capital. The company spent around USD 1.14 billion to acquire a 44% stake in BGO and INR equivalent of USD 829 million for a 49% stake in Crescent. With this, Sun Life now has full ownership of both entities. The move strengthens its position in real estate and alternative investments, although it will lead to a one-time impact of about USD 236 million on its quarterly earnings.Read more