12 Mar 2026

Utopia Real Estate Investment and Tourism has declared a full-year dividend of EGP 2 per share, reflecting its steady financial performance over the past year. The announcement underscores the company's commitment to rewarding its shareholders and maintaining a consistent return on investment. Utopia Real Estate has been actively involved in real estate development and tourism projects, and this dividend follows a period of strategic growth and portfolio management. The payout strengthens investor confidence and highlights the firm's focus on sustainable financial practices.Read more

12 Mar 2026

Swedish Logistic Property AB has announced plans to build a 23,300 sqm extension at its Ronnedal 1 property in Ulricehamn. The company has also secured a lease extension for the entire property by 10 years, effective from August 1, 2027. Upon completion of the expansion, an additional purchase price of SEK 117 million will be payable. This move strengthens the company's logistics footprint in the region and reflects its commitment to long-term operations and strategic asset development, aligning with past growth initiatives in Sweden.Read more

12 Mar 2026

View United Real Estate Development reported a net profit of 21.6 million Riyals for the full year, alongside total sales of 95.3 million Riyals. The company maintained steady performance despite a challenging market environment. Analysts note that the results reflect disciplined cost management and a focus on sustainable growth. This financial outcome aligns with the company's ongoing strategy to strengthen its real estate portfolio while optimizing revenue streams. The figures indicate resilience in operations and a stable outlook for future periods.Read more

12 Mar 2026

Swedish construction firm Skanska has secured a USD 102 million contract from the Port of Los Angeles to build the Avalon Pedestrian Bridge and Promenade Gateway, a project that will convert 12 acres of former industrial land into public spaces. The scope includes a cable stayed pedestrian bridge over active rail lines, landscaped plazas, terraces and pathways that will link with the recently finished Wilmington Waterfront Promenade. Work on the site began this March and is scheduled to run through mid 2028, extending public access and supporting waterfront redevelopment. The contract is part of Skanska's first quarter U.S. order bookings.Read more

12 Mar 2026

China is planning to expand and strengthen highway infrastructure in border regions close to India under its upcoming 15th Five-Year Plan. The draft proposal includes construction of a 394 km highway in the Xinjiang Uygur Autonomous Region to improve connectivity between the northern and southern sides of the Tianshan Mountains. The planned route will run parallel to a strategic road passing through the disputed Aksai Chin region. The broader plan also includes upgrading three existing highways connected to Tibet and continuing work on the Dushanzi Kuqa highway project, which is expected to be completed in 2032.Read more

11 Mar 2026

A federal jury in Manhattan has convicted brothers Oren Alexander, Tal Alexander and Alon Alexander in a high-profile sex trafficking case involving allegations that women were lured to exclusive parties and sexually abused. Prosecutors argued that the brothers used a pattern of manipulation to isolate and assault victims, while the defense maintained the encounters were consensual. The case followed a months-long trial during which 11 women testified about abuse. Oren and Tal Alexander, known figures in New York's luxury real estate brokerage industry and co-founders of Official, now face sentencing while their legal teams consider an appeal.Read more

11 Mar 2026

Existing home sales in the United States rose unexpectedly in February as declining mortgage rates and slower house-price growth encouraged buyers to return to the market. According to the National Association of Realtors, sales increased 1.7% month-on-month to a seasonally adjusted annual rate of 4.09 million units, surpassing economists' expectations of a decline. However, the market continues to face supply constraints, with inventory remaining below pre-pandemic levels despite a modest rise. The median existing home price increased 0.3% year-on-year to USD 398,000, while housing supply rose to 1.29 million units. Analysts suggest that although improving affordability and easing borrowing costs have supported demand, limited housing inventory could restrict sales momentum during the spring home-buying season.Read more

11 Mar 2026

CapitaLand Integrated Commercial Trust Management has successfully issued SGD 300 million of fixed-rate green notes with a 2.18% interest rate, set to mature in 2031. The issuance is part of the trust's USD 7 billion Euro Medium Term Note (MTN) program, strengthening its financing flexibility. The green notes are aligned with sustainable investment initiatives, reflecting the trust's focus on environmentally responsible projects. This strategic move enhances the trust's ability to fund long-term developments while providing investors with stable, fixed-income opportunities linked to green projects.Read more

11 Mar 2026

Asiasec Properties Ltd has indicated that it expects a net loss of between HKD 210 million and HKD 220 million for the fiscal year 2025, mainly attributed to a decrease in the fair value of its investment properties. The company's property portfolio, which spans commercial and residential assets in key markets, has faced valuation pressures amid changing market conditions. Analysts note that this follows a trend of moderate performance declines in the Hong Kong real estate sector over recent years, driven by cautious investment sentiment and market adjustments.Read more

11 Mar 2026

British homebuilder Persimmon has projected a strong performance for 2026, expecting both higher profits and increased home deliveries, placing it at the top end of market estimates. The company reported pre-tax profits of 445.6 million pounds for 2025, surpassing expectations, with early-year sales showing continued strength. Its vertical integration, including in-house production of bricks, tiles, and timber frames, has protected it from cost pressures affecting competitors. Analysts highlighted Persimmon's strategic execution as a reason for its strong positioning despite sector-wide challenges and geopolitical uncertainties.Read more