S-REITs and the regional REIT market, real estate funds, institutional mandates and cross-border transactions.
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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