Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
Industrial demand in the Philippines remained robust in H1 2026, led by semiconductor, FMCG and food firms seeking modern warehouses near ports and expressways. Colliers reports 230 ha of new supply in Southern and Central Luzon, while vacancy improved to 13.1% and modern warehouse rents rose 8% HoH
Bangkok authorities have suspended new data centre licences and ordered existing facilities to comply with environmental and safety rules, as concerns mount over fuel storage, energy use and zoning loopholes in residential and commercial areas of the Thai capital.
Huawei launched the Mate XT2, a new foldable smartphone with a tri-fold design and its own Kirin 9050 Pro chip, on 7 Sept 2026. The launch is part of an intensifying competition in China's premium handset market, with Xiaomi and Apple also unveiling new devices this week.
LBS Bina Group has signed a tenancy agreement with Mydin Mohamed Holdings for a supermarket at KITA @ Cybersouth in Dengkil, Selangor. The MYDIN outlet will occupy about 1.37 acres with a 24,000 sq ft built-up area, becoming the township's first supermarket.
Singapore's five richest billionaires saw their combined net worth fall 7% to US$90.6 billion as the wealthiest man, Eduardo Saverin, lost US$10.1 billion. Kwek Leng Beng and family retained second place with US$16.1 billion, reducing the gap with Saverin to US$16.8 billion from US$28.7 billion last
The Commission on Audit has flagged the Laguna Lake Development Authority for failing to recognise a 4,790-sqm land asset valued at P218.8 million in its books. The audit also found discrepancies in the agency's paid-up capital and lapses in enforcement of aquaculture and pollution penalties.
Senator Erwin T. Tulfo has called for the rapid enactment of the Masterplan for Infrastructure and National Development (MIND) Act to stop public fund wastage on substandard infrastructure projects. He made the push during deliberations on the proposed 2027 national budget, citing recent rain damage
A subsidiary of Tata Consultancy Services, HyperVault, will invest up to 700 billion rupees ($7.41 billion) to build a 1 gigawatt AI data centre campus on 264 acres in Hyderabad, Telangana. The phased development targets AI companies and hyperscalers, and is expected to rank among India's largest AI
China has begun mass production of domestically developed immersion deep-ultraviolet (DUV) lithography machines, which could help it produce more advanced chips than the Kirin 9030 Pro. However, analysts say the technology still lags behind extreme ultraviolet (EUV) lithography, which remains restri
Industrial property prices in Sepang, Selangor, range from RM300,000 to RM18.21 million, with location less decisive than asset-specific factors such as land area, built-up size and tenure, according to Oregeon Property Consultancy data from 2023–2025. The analysis reveals three broad price tiers: l
Shin Yang Group Bhd has agreed to acquire an 8.316ha leasehold industrial property in Kuching, Sarawak, for RM34 million from Forescom Plywood Sdn Bhd. The related-party transaction will support the expansion of the group's door-to-door logistics operations.
Gamuda Bhd’s consortium with MTR Australia has secured an A$880 million (RM2.54 billion) design-and-build contract for the future Parramatta metro station in Sydney. The award also includes development rights for four integrated commercial, retail and residential projects above and adjacent to the s
PNB Holdings Corp. is expanding sustainability measures across its P80.9 billion property portfolio, including a shift to 100% renewable electricity at two major Metro Manila commercial assets via a partnership with First Gen Corp. The company has also introduced energy-efficiency upgrades, water-sa
Commercial real estate trading in Australia rose 13% in Q2 2026, MSCI reports, as Investa CEO Peter Menegazzo is set to appear in a spotlight interview at the Mingtiandi Australia Forum on 15 September. Menegazzo will discuss the firm's recent A$558m North Sydney acquisition and a subsequent A$1.8bn
Microseries platform aTwist launched on Thursday with 10 original series and curated library content, targeting mobile-first viewers. The platform, formerly known as MicroCo, is available in eight markets including the US, UK, India and Australia.
Thai developer Sansiri Plc is buying The Lake Como EDITION for more than €200m. The acquisition, set to close by the end of September, marks the company's entry into the European luxury hospitality market through its private-equity fund Sansiri Capital.
Kerjaya Prospek Group Bhd has secured an RM858 million contract for mechanical, electrical and plumbing fit-out works at a data centre in Iskandar Puteri, Johor. Separately, the group has completed the acquisition of the remaining 40% stake in Tanjung Bungah Development Sdn Bhd, making it a wholly-o
Media Chinese International Ltd has agreed to sell its former media operations office and printing facility in Richmond, British Columbia, for C$6.85 million (RM19.88 million). The freehold property, which has been vacant since February, is expected to generate an unaudited gain of about C$5.26 mill
India's Civil Aviation Ministry is examining ways to simplify and expedite no-objection certificates for construction near airports, including the possibility of urban local bodies issuing NOCs. The minister has set a 15-day timeline for officials to work out modalities for a more automated, transpa
A shop at USJ Sentral 3 in Subang Jaya, Selangor, was sold for RM3 million in a deal completed on 29 Jan 2026. The 8,232 sq ft six-storey unit changed hands at RM358.36 psf after six months on the market.
Ayala Land will integrate its Urban Estates and Regional Estines businesses under the AyalaLand Estates Group effective 1 Jan 2027. The reorganiation is intended to strengthen long-term growth strategy, with Jaime Z. Urquijo appointed to lead the combined unit.
The Philippine hotel industry expects 150 new hospitality projects adding 40,000 rooms over the next five years, according to the Philippine Hotel Owners Association. International arrivals reached 4.11 million in the first eight months of 2026, up 3.7% year-on-year but still below pre-pandemic leve
AB Capital Investment has acquired the 161-room Residence Hotel Stripe Sapporo, adding a 15th hospitality property to its Japan portfolio. The apartment-style hotel near Hokkaido University and JR Sapporo Station will be refurbished and repositioned under an operating partner.
German life sciences firm Eppendorf SE has leased an 11.82-acre site at Bandar Cassia Technology Park in Penang from the Penang Development Corporation for 60 years. The company plans to invest about €40 million (RM186 million) in a greenfield facility, with production expected to start gradually in
Think City managing director Datuk Hamdan Abdul Majeed says Seberang Perai will drive Penang’s growth over the next 50 to 100 years as the island runs out of land. The mainland, which contributes nearly half of Penang’s manufacturing value and houses more than half its workforce, is shifting from an
Frasers Property has bought the Cuppage Terrace conservation shophouses on Orchard Road for S$175 million. The developer plans to integrate the 17-unit enclave with the adjacent The Centrepoint to create a larger lifestyle precinct aligned with the government's rejuvenation plans for the shopping di
Moody's Ratings has identified energy security shortcomings as a key bottleneck for the Philippines' data centre industry, which has not scaled to the extent of its regional counterparts. The Philippines and Vietnam are classed as "early-stage" markets, while Malaysia and Singapore have captured the
The World Trade Center Association says Philippine economic zones that combine infrastructure, incentives and investment support are well-placed to attract data centre investment. The recent lifting of the moratorium on new IT park applications in Metro Manila could also drive growth.
Eight commercial tenants at The Animal Lodge in Sungei Tengah will lose their leases when they expire in December 2026 after failing to meet minimum requirements in a tender exercise. Seven are dog breeders and one operates a pet boarding facility. The remaining 27 tenants will be allowed to stay un
More than 50 tenants at City Sprouts' Punggol East container park must cease operations by 31 Oct 2026, as the land is returned to the Singapore Land Authority. The social enterprise received notice in May and has secured alternative space at Pasir Ris Park, but tenants say the short notice has left
The Philippine Association of National Advertisers has opened entries for the PANATA Awards 2026, now in its 17th year. The awards recognise advertiser-led campaigns that deliver measurable business results while upholding high standards of strategy, creativity and responsible stewardship.
The Philippine Association of National Advertisers and Certified Digital Marketer will host Brand Masters Collab 2026 on 9 Sept at Makati Diamond Residences. The one-day forum themed 'Human Edge: Brand Building in the Age of AI' will gather over 200 brand leaders to examine the role of human judgmen
Sephora Singapore launches the Olive Young K-Beauty Edit on Sep 2, bringing over 180 products from 20-plus Korean beauty brands to stores. The partnership debuts in Southeast Asia with Sephora Ion Orchard serving as a regional K-Beauty Discovery Launchpad.
BYD and Denza have launched a lifestyle card for selected customers, offering perks at 88 brands including Adidas, KFC and mewatch. The BYD and Denza Lifestyle Privilege Programme was announced on 31 Aug 2026, with eligible customers receiving their cards progressively from Tuesday.
The Ministry of Housing and Local Government (KPKT) has become the first ministry in Malaysia to receive a GreenRE Gold Rating for its 38-storey office building in Putrajaya. Housing and Local Government Minister Nga Kor Ming said the certification reflects KPKT’s commitment to leading by example in
A government valuation officer told the High Court that the RM1.39 million compensation paid for 263.272 acres of prime Duta Enclave land in 1956 was more than adequate. Semantan Estate seeks higher compensation, but the valuer argued the payment exceeded his own estimate of RM875,000 based on compa
Steven Tan, President of SM Supermalls, has been named one of 10 honorees at The Business Manual's annual CEO Awards. The award recognises his transformational leadership in redefining the shopping centre experience and fostering community growth in the Philippines.
Marina Square Shopping Mall will close on 31 Mar 2027 as part of a S$3 billion redevelopment by Singapore Land Group. The project will add 204 luxury homes, a 304-room hotel, 260 serviced apartments and Grade A offices, with completion targeted by 2031.
The Bases Conversion and Development Authority has granted original proponent status to a consortium of Maynilad Water Services and Korea Water Resources Corp. for a P14.8-billion water and wastewater project in New Clark City, Tarlac. The project is expected to support upcoming residential, commerc
China Merchants Commercial REIT has teamed up with a BentallGreenOak-backed fund to acquire The Quad, a 205-bed student hostel in Hung Hom, for HK$528.5 million, reflecting a 40 per cent discount from the original owner's total investment cost of HK$880 million. The deal marks the REIT's second stud
Dexus fund manager Brad Collier will join Blackstone, Brookfield and DWS executives at the Mingtiandi Australia Forum on 15 September at the Four Seasons Hotel in Sydney. More than 200 industry leaders are expected to attend the inaugural event, which covers commercial, industrial, living and hospit
Singapore developer Hoi Hup has paid A$201.8 million to acquire the Four Points by Sheraton Sydney, Central Park from US private equity firm KSL Capital Partners. The 309-room hotel in Chippendale marks Hoi Hup's first commercial property investment in Australia.
Japan International Cooperation Agency is set to turnover the Imus retarding basin to the provincial government of Cavite. The flood mitigation project is part of a P3-billion risk management masterplan covering three river systems.
Philippine Agriculture Secretary Francisco P. Tiu Laurel, Jr. has proposed geofencing around 3 million hectares of agricultural land, particularly rice-growing areas, to prevent them from being converted into solar farms. The Department of Agriculture will digitally map priority agricultural zones a
The Philippine government expects 46 economic zones proclaimed under the Marcos administration to attract P141.2 billion in investments and create nearly 189,000 jobs, Executive Secretary Ralph G. Recto announced. Four new proclamations expanding zones in Cavite, Batangas and Negros Oriental are pro
The Philippine Overseas Construction Board and the Department of Migrant Workers have signed a memorandum of agreement to help upskill Filipino construction workers deployed overseas. The partnership will explore programs tied to projects won by POCB-registered contractors, aiming to boost global co
Bitcoin miner IREN reported AI Cloud Services revenue rose from US$16.4m in fiscal 2025 to US$128.8m in fiscal 2026, reflecting a shift from mining to cloud computing. The trend highlights growing convergence between cryptocurrency mining and AI infrastructure, both dependent on data centres and ene
Tay Ninh Provincial People's Committee has approved the investment policy for Tan Lan 3 Industrial Park, selecting IMG Long An Joint Stock Company as the investor. The 336-hectare multi-sector park in Tan Lan Commune requires VND8.45 trillion in total investment and will have a 50-year operating ter
OpenAI has been issued warrants estimated at US$5.5 billion in power infrastructure firm SB Energy, according to draft IPO documents reviewed by the Wall Street Journal. SoftBank Group and OpenAI are planned tenants in three SB Energy data centers, the report adds.
Raphael Arndt will step down as chief executive of Australia's Future Fund at year's end after growing AUM to A$356 billion. Mapletree Industrial Trust Management appoints Anand Tze Ming Chandran as CEO from 1 Oct. ESR names Dalmar Sheikh as CEO of its data centres unit.
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