Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
Forza Capital has sold the Epping Home & Life big-box retail centre in Melbourne's northern suburbs for A$117.7 million to a private investor, setting a Victorian record for large format retail. The deal, brokered by JLL, reflects a yield of about 6 per cent and is Australia's largest such transacti
US data centre developer CloudHQ has proposed rebuilding the BigHop Garden Mall in Inzai, Greater Tokyo, around two data centres, testing local restrictions on such facilities near commuter rail stations. The plan, presented to the Inzai City Council on 29 September, would shrink the retail space to
Megaworld Corp. President and CEO Lourdes T. Gutierrez-Alfonso ranked 87th in Fortune's 100 Most Powerful Women in Asia for 2026, up from 92nd last year. She was the only Philippine real estate executive on the list, which included three other Filipina leaders.
Savills Philippines reports the largest single industrial warehouse lease in the first half of 2026, a 22,000 sq.m. logistics facility in Laguna. The transaction was driven by rising e-commerce volumes and demand for faster last-mile delivery, with the Cavite-Laguna-Batangas corridor accounting for
Rising operating costs and tighter foreign labour restrictions in Western economies are prompting more companies to consider shifting jobs to the Philippines, with some international firms looking at operations involving 5,000 to 30,000 positions, according to Leechiu Property Consultants.
GlobalSource Partners has urged the Philippines to ensure it captures high-value parts of the supply chain under the Pax Silica initiative, rather than acting merely as a resource supplier. The warning comes ahead of a planned $10 billion semiconductor and manufacturing hub in New Clark City, Tarlac
Lesstics, a Philippine green technology startup, is producing Earth Board, a formaldehyde-free construction board made from discarded coconut husks. The company works with farmers in Davao and Lanao del Norte and is exploring partnerships in Europe after exhibiting in Berlin.
BDO UNIBANK has introduced a 24/7 self-service Currency Exchange Machine at Ninoy Aquino International Airport Terminal 3. The machine converts US dollars, euros and Japanese yen into Philippine pesos, authenticates banknotes and dispenses both bills and coins.
Acting Minister for Manpower Jasmin Lau told parliament on 6 Oct that fresh graduates are taking longer to secure full-time jobs, while the six-month re-entry rate for retrenched residents dropped to 54.9% in Q2 2026. Degree holders now account for 66.4% of retrenched residents, up from 51% in 2021,
Puregold Price Club, Inc. marks its 28th anniversary with the Puregold Barangay Panalo programme, bringing community projects and activities to 16 locations across the Philippines from October to November 2026. The initiative, supported by brand partners, includes tangible improvements such as commu
The Energy Market Authority (EMA) has called a tender for a feasibility study on developing a 200ha energy infrastructure cluster on reclaimed land at Pulau Tekong. The site, about 40 per cent the size of Sentosa Island, could house hydrogen-ready natural gas-fired power plants, LNG terminals and ot
Transport Minister Jeffrey Siow said in parliament that businesses in HDB rental shops most affected by the two-year delay to the North-South Corridor will continue to receive rental rebates on a case-by-case basis. He also outlined a timeline for surface works, with major structural work expected t
Sunway Malls announced that its RM1 billion Sunway Ipoh Mall is 80% leased ahead of its scheduled opening in the fourth quarter of 2027. The group unveiled 25 key brands and concepts, including seven anchor tenants and nine brands making their Perak debut.
Converge ICT Solutions said its submarine cable investments helped reroute traffic after a cable cut between the Philippines and Singapore over the weekend. The company used its Bifrost and SEA-H2X cable systems to stabilise connectivity, resulting in minimal disruption for customers.
Toshiba Corp. plans to expand production capacity in the Philippines for nearline hard disk drives to meet growing data storage demand. The Department of Finance said the expansion is expected to generate 3,000 jobs and strengthen the country's electronics manufacturing ecosystem.
Rising occupancy costs in Metro Manila's prime business districts are driving cost-conscious companies toward alternative hubs such as Ortigas and Quezon City, according to CBRE Philippines. The consultancy also notes growing interest in managed facility arrangements and a shift toward smaller, more
The Ministry of Manpower has called on companies in the construction and transport sectors to hold a voluntary safety time-out from Oct 5 to 18 following seven workplace fatalities since September. Enhanced enforcement measures, including higher fines and longer stop-work orders, will also be in pla
PNB Holdings, backed by billionaire Lucio Tan, plans to build a 280-metre mixed-use tower on an 8,000 sq m parking lot in Makati's central business district. The 54-storey project, estimated to cost at least 12.8 billion pesos (US$205 million), will be the Philippines' second tallest building after
DPI Holdings Bhd is acquiring a 2.05-acre vacant industrial lot in Kota Kinabalu Industrial Park, Sabah, for RM7.6 million. The 99-year leasehold site will support the group's FMCG distribution and warehousing expansion in East Malaysia.
Southern Steel Bhd has signed a conditional three-year tenancy agreement with Deep Source (PN) Sdn Bhd for data centre use of its steel plant in Seberang Perai Tengah, Penang. The lease carries a total rent of RM33.02 million over the term, subject to regulatory approvals.
Black & Veatch and Carmen Copper Corp. have received the Innovation Award at the 2026 Enlit Asia Awards for the Carmen Copper Floating Solar Project, a 4.996-MW floating solar facility on the Malubog Reservoir in Cebu, Philippines. The project is the country's first megawatt-scale floating PV instal
Megawide Construction Corp. is awaiting further action from the Government Service Insurance System on its unsolicited P3.5-billion proposal to develop and operate an integrated transport terminal in Quezon City. The PPP Center has endorsed the proposal, and GSIS issued a notice to commence negotiat
Four master tenants at Punggol East and Tebing Lane will be offered lease extensions of up to a year, potentially allowing businesses to stay until end-2027. The extension follows a review by agencies after more than 50 tenants at the Punggol East container park were told to cease operations by Oct
Marina Bay Sands has extended its lead over Genting Singapore, capturing an estimated 81% of Singapore's gaming market in 2025, according to analysts. Despite a stronger-than-expected second quarter, Genting Singapore's Resorts World Sentosa continues to lose share, though some observers believe los
Frasers Property and Mitsubishi Estate have formed a joint venture to develop a luxury mixed-use project on the Valley Point site in River Valley. The project will have a maximum gross floor area of 54,309 sq m and include 184 Frasers Suites serviced residences, with completion scheduled for 2031.
Taiwan's Ministry of Agriculture defended its handling of the Huwei Industrial Park farmland conversion proposal, saying it followed the law and requested additional documents from Yunlin County Government. The county government criticised the ministry for repeated skepticism, noting other similar p
Hong Kong-listed developer New World Development, controlled by the billionaire Cheng family, will surrender the 11 SKIES shopping mall project to the Hong Kong Airport on 1 Apr 2027. The termination triggered a net loss of HK$18.3 billion, including HK$14.7 billion in impairment losses and HK$2.3 b
Workers at Kuai Kuai Co's only Taiwan factory in Taoyuan voted to continue their strike indefinitely after a one-day walkout, as talks over the plant's relocation and worker arrangements remain unresolved. The union demands negotiations with owner San-Ti Group, while the company says it respects the
Satellite images show grading, gravel and compaction cranes on Antelope Reef in the Paracel Islands, indicating a full-scale runway is under construction. Analysts estimate completion by mid-2027, which would mark China's most significant military expansion in the South China Sea in a decade.
CREDAI has called for an infrastructure-first approach to urban development, with roads, drainage and civic services planned before large-scale real estate expansion. A report released at NATCON 2026 estimates India's real estate market could reach $1 trillion by 2030 and $5.8 trillion by 2047.
The Johor Bahru-Singapore RTS Link will begin passenger services in February 2027, after system tests and trial runs are completed by the end of this year. The revised timeline follows a 16-year project history marked by suspensions and delays, with the latest announcement made on Oct 2.
Luxury cruising is shifting toward intimate, yacht-like vessels as Four Seasons, Orient Express, Explora Journeys and Regent Seven Seas launch new ships in 2026. The vessels offer more space, privacy and personalised experiences, with fares starting from US$4,340 per person for seven nights.
Housing and Local Government Minister Nga Kor Ming has pledged one month of his ministerial salary to the winner of the Prime Minister’s Innovation Award if a ministry entry takes the top prize this year. He made the announcement at the ministry’s Innovation Day 2026 in Putrajaya on Oct 1.
The Republic of Singapore Navy has launched Sentinel, the first of four new Sentinel-class offshore patrol vessels, at a ceremony in Germany. Built by Fassmer under a MINDEF contract, the 2,700-tonne vessels will replace existing Maritime Security and Response Vessels and be progressively delivered
IOI Properties Group has proposed acquiring Shenton 101, owner of Singapore's Shenton House, from group CEO Datuk Lee Yeow Seng for S$217.06 million. The deal includes repayment of shareholder advances and paves the way for a S$1.61 billion redevelopment.
Ajiya Bhd is selling a freehold industrial property in Puchong, Selangor, to Esprit Care Sdn Bhd for RM58 million. The deal represents a 45 per cent premium over the RM40 million market valuation and is expected to complete in the first quarter of 2027.
PH Resorts Group Holdings has closed the Donatela Resort & Sanctuary in Panglao, Bohol, after the property was placed under extrajudicial foreclosure proceedings by Land Bank of the Philippines. The resort's operator, Donatela Hotel Panglao Corp., ended operations on 30 Sep 2026 and will hand over p
PNB Holdings Corp. has signed a lease agreement with creative agency RNDMD for office space at PNB Makati Center on Ayala Avenue. The 35,000 sq.m. property is currently 86 per cent leased as the company continues to build occupancy and enhance amenities.
Japanese retail giant Aeon plans to more than double its operating revenue in Vietnam to 300 billion yen (US$1.9 billion) by March 2031. It aims to expand its supermarket network to 300 stores and its shopping mall network to 30 outlets, with about 60% of its Southeast Asian investment allocated to
Filinvest Land's Filinvest Innovation Parks in New Clark City and Ciudad de Calamba have become the first industrial properties in the Philippines to receive an A+ rating under the International Finance Corporation's Building Resilience Index. The verified rating covers Ready-Built Factories at both
Japan's biggest power generator JERA has signed an MoU with Dell Technologies and UK-based RHAELM to develop a standardised framework for AI infrastructure, starting with a US$15 billion hyperscale data centre in Chiba. The facility will deliver 400 MW of capacity in phases from 2028, with JERA supp
Malaysia Aviation Group (MAG), parent of Malaysia Airlines, has signed a sale and purchase agreement to acquire Airbus unit Sepang Aircraft Engineering. The deal is targeted for completion in 2027, subject to regulatory approvals. No financial details were disclosed.
Klanggroup Development Sdn Bhd has handed over vacant possession of two fully sold industrial developments in Kapar and Jenjarom, Selangor, with a combined gross development value of RM1.74 billion. As of September 2026, 82 of 170 factory units at Kapar and 113 of 162 factory units at Jenjarom are o
Battersea Power Station in London has welcomed its 50 millionth visitor less than four years after opening. The Malaysian-owned development is preparing for its next phase, with a planning application submitted to deliver up to 3.2 million sq ft of residential, commercial, cultural and leisure space
The Malaysian Anti-Corruption Commission has proposed procurement and advisory changes for two Felda projects, including the Agro Park (Commercial) Project and Cattle Trading Pilot Project. Felda and its subsidiaries have agreed to implement the recommendations, which come amid separate MACC investi
WTK Holdings has agreed to sell three leasehold industrial properties in Perai, Penang, to NationGate System for RM38 million cash. The disposal, which follows a fire at its manufacturing facility, will support its shift towards an asset-light tapes business.
PTT Synergy Group Bhd plans to acquire four freehold industrial properties under construction in Bandar Bukit Raja, Klang, Selangor, for RM31.997 million. The acquisition, to be funded through bank borrowings, is intended to accommodate the group's business expansion.
MERALCO PowerGen Corp. (MGEN) and VITRO REIT, Inc. have signed an MoU to jointly study data centre developments integrated with renewable energy and power generation. MGEN will identify potential sites and power arrangements, while VITRO will lead design and hyperscaler engagement.
QIC, a Queensland government-backed fund manager, plans to invest over A$600 million (US$418.3 million) to redevelop Sydney’s Castle Towers mall, adding 70 stores and a rooftop health club. Construction begins in October and is expected to complete in late 2029. The investment follows A$2 billion in
Brookfield India REIT and NCW, a venture of Nuvama and Cushman & Wakefield, have completed a INR 17 billion (S$177.2 million) purchase of three floors at Godrej BKC in Mumbai's Bandra Kurla Complex. The partners each own half of the 264,000 sq ft office space, with NCW investing through its Prime Of
Page 7 of 13 · 620 stories