Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
China's coastal rocket hub Wenchang is pushing to turn crowds drawn by launches into longer-stay visitors and a broader aerospace industry. The city now hosts 673 aerospace companies and aims to become an internationally first-class aerospace city, but faces challenges from launch delays and fleetin
The Delhi government has notified the Delhi Fire Service (Amendment) Rules, 2026, introducing 18 categories of mandatory fire prevention and safety measures for all buildings. The rules link minimum standards to building height and occupancy, require six-metre clear access routes for fire engines, a
Vietnam's Central Highlands farmers are moving from coffee to durian, with planted area surging fivefold to 200,000ha in a decade. Vietnam overtook Thailand last year as China's top durian supplier by volume, with exports forecast to hit US$4 billion in 2026.
Penang’s medical tourism revenue rose 26.6% year-on-year to RM1.14 billion in 2025, with 527,176 foreign patients treated across 16 private hospitals. The sector now accounts for about 45% of Malaysia’s medical tourism revenue, driving developer interest in hospital-anchored residential and mixed-us
The Airports Corporation of Vietnam and the Da Nang People’s Committee have announced a US$379 million renovation and expansion of Terminal 1 at Da Nang International Airport, with construction set to begin in August 2027. The project will raise annual capacity to 14 million passengers and includes
A commercial real estate advisor argues that companies should not start with the buy-versus-lease question. Instead, they should first ask where the business is heading, with the B.E.S.T. Framework covering business strategy, economics, scalability and timing.
Selangor and Johor accounted for 59.2% of Malaysia's RM218.5 billion in approved investments in the first half of 2026. The real estate subsector recorded RM33.5 billion in approved investments, part of the services sector's RM149.6 billion total.
KLCC (Holdings) has opened Ombak KLCC, the final component of the KLCC Precinct in Kuala Lumpur. The 420,000 sq ft mall features a cantilevered section housing Galeri PETRONAS, which is slated to open in the fourth quarter of 2027.
WCT Holdings Bhd has secured a RM600.89 million contract to build a 41-storey office building at Tun Razak Exchange (TRX) in Kuala Lumpur. The project, awarded by Pelangi Pasifik Sdn Bhd, will commence on Dec 1, 2026.
Japan's acclaimed live show Dinosaur Odyssey will stage its first large-scale indoor production outside the country at Resorts World Sentosa from 3 to 6 Dec 2026. The production features 15 ultra-realistic dinosaurs, including a T-rex, that move within arm's reach of audiences, with tickets priced f
Australian data centre developer NextDC reported higher water and energy consumption in the past year, with both key efficiency ratios worsening for a third consecutive year. The company swung to an A$82.1 million profit, beating forecasts, as demand for computing capacity surged.
Universal Studios Japan plans to spend ¥200 billion to ¥300 billion (S$1.26 billion to S$1.88 billion) to build new attractions on a 60,000 sqm site adjacent to the park, the Nikkei newspaper reported on 28 Aug. The expansion, the park's first since opening in 2001, aims to lift annual attendance be
VITRO REIT and PLDT Global Corp have signed a colocation agreement with Singapore-based wholesale telecoms carrier SG.GS Pte. Ltd. The deal will see SG.GS deploy network infrastructure within VITRO's carrier-neutral facilities in the Philippines, enhancing regional interconnection across Asia-Pacifi
Converge ICT Solutions said its Angeles data centre has secured a green lane certificate from the DTI-BOI, fast-tracking regulatory approvals. The facility is classified as a strategic investment under Executive Order No. 18.
South Korean chipmaker SK Hynix held a groundbreaking ceremony for a US$4 billion advanced packaging and research facility at Purdue Research Park in West Lafayette, Indiana. The plant, producing high-bandwidth memory for AI applications, will begin cleanroom operations in the second half of 2028 an
Brookfield has acquired Cornerstone Logistics Estate, a A$225m multi-unit project in Sydney's Penrith, lifting its ANZ logistics platform to 10 investments worth A$3bn. The 47,000 sqm estate is being developed with Precinct Capital at Nepean Business Park, targeting completion by mid-2027.
Half of the P1-billion budget for Project NOAH will go toward acquiring 55 LiDAR drones and other equipment for high-resolution hazard mapping. The project aims to map 20 major river basins in a year and develop decision-support tools for disaster planning.
Orix JREIT is paying ¥29.4 billion ($185 million) for a half-stake in Toyosu Prime Square in Tokyo and ¥10.6 billion to take full ownership of the Naha Shin-Toshin Center Building in Okinawa. The two acquisitions total ¥40 billion and are expected to enhance unitholder value, the trust's manager sai
Chinese robotics companies are pushing their machines from exhibition floors into homes and factories, but face major hurdles in reliability, real-world data collection and commercial scalability. Industry leaders say the sector is still waiting for its 'ChatGPT moment', which may be two to three ye
German semiconductor maker Infineon Technologies has leased 631,923 sq ft at Bagmane Solarium City in Whitefield, Bengaluru, in a 10-year deal worth more than Rs 750 crore in total rental payouts. The lease, starting Dec 1 2026, includes an initial monthly rent of Rs 5.56 crore and a 15% escalation
Johor has strengthened its position as Asia Pacific’s largest data centre market by combined operational and future capacity, reaching 4,198MW overall stock in 1H2026. Malaysia leads Southeast Asia with 1,039MW under construction, of which Johor accounts for 602MW, according to Cushman & Wakefield.
Apple will hold its next launch event on 9 September, senior executive Greg Joswiak said on X. The company is expected to unveil its newest iPhone series and potentially its first foldable phone, marking new CEO John Ternus's first major event.
Megaworld Corp has created Megaworld Global Hotels and Resorts to consolidate its hotel portfolio as the developer targets nearly 12,000 rooms by 2032. The restructuring includes two sub-groups and key appointments as the company expands in Palawan, Ilocos Norte and Iloilo.
DMCI Hospitality and Leisure plans to incorporate meetings, incentives, conferences, and exhibitions facilities across its leisure developments, including at Solmera Coast in Batangas. The flagship Solmera Beach Park Resort, set to open in February 2027, will feature an 811 sq m main function hall a
SM Prime Holdings is adding about 70,000 square metres of gross floor area across mall expansions in Iloilo, Batangas and Naga by the fourth quarter of 2026. The largest project is SM City Iloilo North Block, which will contribute 35,000 sqm as part of a mixed-use development.
Gaw Capital Partners and Petraville Asset Management have acquired City Center Tower in Seoul’s Jung district for KRW 292.7 billion ($211 million). South Korea’s National Pension Service backed the acquisition, which closed on 30 July 2026.
Claude chatbot maker Anthropic is seeking up to 5 gigawatts of AI data centre capacity in New South Wales, more than three times Australia's total current capacity, according to internal government emails. The company also issued a confidential tender for 1.4GW of capacity valued at over A$20 billio
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is selling a 3.97-hectare portion of its Diliman, Quezon City property with a minimum bid price of P11.09 billion. A pre-bid conference is set for 3 Sept and bids close on 24 Sept.
UOA Development Bhd posted a 4.2 per cent rise in second-quarter net profit to RM95.59 million, as revenue jumped 69.9 per cent to RM221.20 million. The growth came from progressive recognition of Bamboo Hills Residences, Aster Hill, Duo Tower and Aethera Residences.
Axis-REIT has proposed to buy three adjoining industrial land parcels with warehouse properties in Taman Perindustrian Pulau Indah, Selangor, for RM61 million cash. The vendor, Megalift Sdn Bhd, will lease back the facilities for a fixed five-year term. Completion is targeted by the first quarter of
A freehold shoplot at SS26, Taman Mayang Jaya in Petaling Jaya, Selangor, changed hands for RM2.55 million, or RM669.99 psf, in an April transaction. The unit was tenanted and had been on the market for a month before the buyer secured it at the stated price.
Jaya Grocer will be the anchor tenant at OSK Mori Park in Section 13, Shah Alam, occupying 13,813 sq ft. The integrated development's retail boulevard comprises 56 units from 226 to 8,897 sq ft, priced from RM519,800 to RM5.49 million.
Industrial developer Araya Land Development will launch phase two of its Eastern Gateway project in Q3 2027. The first phase is fully occupied. The company is targeting high-tech tenants for the expansion.
Manila's data centre development pipeline contracted by 13% in the first half of 2026, falling to 97 megawatts, as new project announcements failed to keep pace with recently completed capacity. Operational IT capacity expanded 22% to 90 MW, while vacancy improved to 43.6% from 48% in the previous h
Apple on Tuesday unveiled a more powerful Mac mini and a refreshed Mac Studio lineup, targeting consumers and professionals running AI agents locally. The new devices start at US$899 and US$2,499 respectively, with prices rising amid climbing memory chip costs.
Zerra DC, the data centre arm of Singapore-based AGP Sustainable Real Assets, has filed plans for a 1.44-gigawatt campus in rural Queensland with an estimated construction cost of A$14.5 billion. The Western Downs Digital Park would be Australia’s largest data centre campus, built in stages on a 726
The Philippine Department of Energy is considering a plan to ration port access for offshore wind developers, granting priority to bidders with the earliest delivery commercial dates. The plan comes after the DoE postponed the fifth green energy auction, citing port readiness and supply chain issues
Blue Bottle Coffee has opened its first two outlets in Thailand, at Central Park and EmQuartier in Bangkok. The California-founded chain now operates in seven markets globally and enters a Thai specialty coffee segment valued at about 30 billion baht (US$917 million).
The Philippine office market recorded 145,000 sq.m. of transactions in Q2 2026, a 24% quarter-on-quarter decline, as geopolitical uncertainty from the Middle East crisis prompted occupiers to defer leasing decisions. Colliers revised its full-year net take-up forecast to 300,000 sq.m. and year-end v
A joint bid led by JD.com, Sino Land and four mainland developers won a tender for an integrated residential and tech park project in Hong Kong's Northern Metropolis. The HK$16.8 billion development includes over 3,000 residential units and a tech park with 50,950 sqm of floor area.
The sixth edition of the Mingtiandi-Yardi survey tracking AI adoption in Asia Pacific real estate closes on 28 Aug 2026. The 18-question poll, which also covers cybersecurity, aims to chart usage of tools such as ChatGPT and DeepSeek across the region’s property industry.
Gaw Capital Partners’ GCP Hospitality will manage 14 hotels in Kyoto under a deal with IHG, adding more than 1,000 rooms to the group’s Japan portfolio. Twelve properties will convert to IHG’s Garner midscale brand, with one Holiday Inn Express and one unbranded hotel included. The hotels are set to
Japanese developer Hulic Co Ltd has confirmed it is the buyer of an eight-storey office building in Ginza from Singapore-listed Keppel REIT for JPY 11.5 billion (S$72.4 million). The deal, which marks a 28.4 per cent premium to Keppel REIT's November 2022 purchase price, ends the trust's four-year p
Singapore's planned western island could host nuclear power facilities, data centres and energy-intensive industries, energy experts said. The island, announced during the 2026 National Day Rally, would be formed by merging several islands south of Jurong Island over the coming decades.
The Department of Labor and Employment-National Capital Region reported an 11% increase in compliance among construction establishments in 2026. Despite the improvement, occupational safety and health compliance remains low, with only 1.92% of establishments initially meeting OSH standards.
Alibaba has officially rolled out its Wan3.0 AI video-generation model, capable of creating 30-second videos from documents and presentations. The launch follows a HK$10 billion share placement, the largest-ever primary follow-on offering by a Hong Kong-listed company, as the Chinese tech giant ramp
Twenty independent bookshops across Singapore will hold the inaugural Singapore Indie Bookshop Day from Oct 2 to 4, featuring storytelling sessions, author visits, a stamp rally and other community events. The event is jointly organised by the participating shops and the Singapore Book Publishers As
Nvidia is discussing an investment in AI search startup Perplexity as part of a funding round that would value the company at more than US$30 billion, according to The Information. The valuation would represent a more than 50 per cent increase from Perplexity's previous round a year ago, the report
Mycron Steel Bhd is seeking non-interested shareholder approval to buy a 99-year leasehold industrial property in Shah Alam for RM30 million from its major shareholder Melewar Industrial Group Bhd. The 5.33-acre site in Seksyen 15 is currently rented by Mycron's subsidiary for RM175,000 a month.
Raslag Corp. will develop both phases of its 149-MW Raslag Liwayway solar project simultaneously, targeting commercial operations by 2028. The company has allocated up to P3 billion for the project in Nueva Ecija, which will pair with a battery energy storage system.
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