S-REITs and the regional REIT market, real estate funds, institutional mandates and cross-border transactions.
Fast-fashion retailer Shein began book building for a Hong Kong IPO on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion) at a valuation of up to $26.81 billion. The company is offering 280 million shares at HK$47.60 to HK$49.50 each, with pricing set for 31 August and trading starting 1
China's manned space agency has delayed the Chang'e-7 lunar probe mission, citing that launch conditions were not met. The decision comes less than two weeks after a Long March 7A rocket carrying a communications satellite exploded shortly after liftoff from the same Hainan launch site.
Economists say the Philippines must broaden its growth drivers beyond consumption and services to become more resilient to external shocks and reach high-income status. They call for investment in manufacturing, agribusiness, renewable energy and digital services, alongside stronger workforce skills
The Philippine Department of Transportation received six bids for the rehabilitation of Tacloban Airport and seven for the development of Busuanga Airport. The combined project value is P1.24 billion, with bidding deadlines set for 2 Sep 2026.
The Enforcement Directorate has filed a sealed cover status report in a New Delhi court on its investigation into DLF’s role in the Shikohpur land deal, seeking more time to complete the probe. The court expressed displeasure that a specific query from April 15 remains unanswered and has directed th
Starcloud, a startup developing orbital data centres, has raised US$250 million in a funding round that values it at US$2.3 billion. The round was led by Manhattan West with participation from Nvidia and Cisco Investments, and the company plans to expand AI infrastructure in space.
CapitaLand Investment and IOI Properties are planning a joint venture to acquire One Raffles Place, one of Singapore’s tallest towers. The complex, valued at about S$2.37 billion, comprises two office towers and a retail mall in the central business district. UOB is expected to retain its current sp
Pesona Metro Holdings Bhd posted a 46.7% rise in net profit to RM13.67 million for 2QFY2026, driven by stronger contributions from property development subsidiary Gaya Kuasa Sdn Bhd. Revenue grew 46.2% to RM255.56 million as project completion and sales picked up.
Tatyana Kim, the former English teacher who co-founded e-commerce platform Wildberries, is now Russia's richest woman with an estimated net worth of US$8.1 billion. The company, launched in 2004 from her Moscow apartment, generated US$9 billion in 2024 revenue and serves more than half of Russia's p
Lagenda Properties Bhd posted a 25% rise in net profit to RM56.57 million for the second quarter ended June 30, 2026, driven by a 40.8% increase in revenue to RM336.24 million. The group’s property development segment saw revenue jump 47.2% to RM288.76 million, supported by higher recognition from p
Radium Development Bhd’s net profit rose to RM7.01 million in 2QFY2026 from RM785,000 a year earlier, driven by higher work progress at its ongoing projects. Revenue grew 75% to RM74.62 million, and the group plans a joint-venture launch in Kepong with an estimated GDV of RM403 million.
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