30 Jan 2026

Saudi Arabia has temporarily halted construction of the Mukaab, the iconic cubic structure planned in Riyadh's New Murabba district, as part of a review of funding, feasibility, and strategic relevance under Vision 2030. While excavation and foundation work were completed, all further construction has been paused. Sources said the Public Investment Fund is prioritizing projects with faster economic returns, including infrastructure for World Expo 2030 and the 2034 FIFA World Cup. Surrounding real estate development will continue, but the future of the Mukaab structure remains uncertain.Read more

30 Jan 2026

Powerlong Real Estate Holdings Ltd said bondholders have approved a restructuring proposal involving six onshore corporate bonds and asset-backed securities issued by one of its units. The plan allows bondholders to choose among onshore restructuring options and receive allocations for the bonds they hold. This development comes as the company continues to address domestic debt pressures amid a challenging property market in China. Approval from onshore bondholders is seen as an important step in Powerlong's broader effort to stabilise its financial position and manage near-term repayment risks.Read more

30 Jan 2026

A fire at Crans-Montana's "Le Constellation" bar claimed 40 lives and injured over 100, exposing gaps in Switzerland's safety protocols. Investigations revealed the bar had gone six years without a safety inspection, prompting immediate bans on risky practices like sparkling candles. While hotel bookings fell in the region, overall tourism remained stable due to chalet and apartment rentals. The tragedy has triggered political debate on harmonising national safety standards, highlighting tensions between cantonal autonomy and federal oversight. Hospitality providers are now calling for stricter inspections, training, and limits on venue capacities.Read more

29 Jan 2026

Dubai International Financial Centre is set to undergo a major expansion as part of the emirate's wider push to strengthen its position as a global financial and business hub. The new Zabeel District development, valued at USD 27.23 billion, will significantly increase DIFC's capacity over the long term. Planned as a mixed-use district, the project will add office, residential, retail and hospitality space, while aligning with Dubai's broader infrastructure upgrades and economic diversification strategy focused on financial services, technology and global capital flows.Read more

29 Jan 2026

The UK government has announced a cap on ground rents as part of a wider overhaul of the leasehold property system. Annual ground rents will be limited to GBP 250 and gradually reduced to a nominal level after 40 years, affecting over 5 million leaseholders in England and Wales. The move aims to ease long-term costs for homeowners and revive stalled property sales. While the reform fulfils a key Labour election promise, asset managers and freeholder groups have raised concerns over its impact on existing contracts and investor confidence.Read more

29 Jan 2026

Saudi Arabia is evaluating an expansion of its premium residency programme as part of broader efforts to attract foreign capital, high-net-worth individuals and skilled talent under its Vision 2030 economic diversification strategy. The proposed changes could widen eligibility to include superyacht owners, buyers of homes within flagship development projects and high-performing students, according to people familiar with the discussions. While the plans remain under consideration, the move signals a push to position the kingdom as a long-term destination for affluent residents and global professionals. Existing eligibility criteria are largely income-based, with benefits such as visa-free entry, work rights and family sponsorship. The initiative builds on recent reforms, including property ownership rights for foreigners and relaxed lifestyle regulations, aimed at enhancing Saudi Arabia's appeal to international investors and residents.Read more

29 Jan 2026

Alexandria Real Estate Equities has forecast its 2026 adjusted funds from operations below analyst expectations, citing weak leasing demand and broader economic uncertainty. The REIT guided adjusted FFO at USD 6.25-USD 6.55 per share, with the midpoint trailing estimates. However, fourth-quarter adjusted FFO slightly exceeded expectations, while occupancy edged up to 90.9%. Quarterly revenue declined year-on-year but beat forecasts. The company continues to focus on life science and technology-focused real estate across North America.Read more

29 Jan 2026

EquipmentShare, a construction technology and equipment rental company, successfully raised USD 747.3 million in a U.S. initial public offering by selling 30.5 million shares at USD 24.50 each. The company operates the T3 technology platform, providing rentals, resale, maintenance, and jobsite solutions across more than 370 locations in 45 states. Founded in 2015, it has delivered rapid revenue growth and plans to expand its network to around 700 locations. Its IPO success reflects investor confidence in tech enabled construction services and the U.S. IPO market.Read more

29 Jan 2026

Canada's long-quiet initial public offering market is showing early signs of recovery, pointing to improving confidence in the broader economy. After nearly four years of weak activity due to high interest rates, inflation, and valuation pressures, bankers and market participants say more companies are preparing to tap public markets in 2026. The revival is being closely watched as a test of Prime Minister Mark Carney's pro-business and productivity-focused agenda. Strong equity market performance, growing foreign investment interest, and a strengthening IPO pipeline suggest conditions are shifting, though post-listing performance remains a key concern.Read more

29 Jan 2026

Robinsons Land Corp has authorised the sale of 945.9 million common shares of RL Commercial REIT Inc at a price of PHP 7.40 per share, according to a Reuters-cited filing. The shares relate to the listed REIT, which focuses mainly on office assets and trades under the ticker RCR.PS. The disclosure does not specify the execution timeline or buyers. RL Commercial REIT is sponsored by Robinsons Land and forms part of the Philippines relatively young REIT market, which has seen gradual stake adjustments by sponsors since listing.Read more