03 Feb 2026

MMM Capital has signed a sales management agreement with guaranteed purchase for a new real estate project valued at 435 million THB. The agreement ensures that the units will be bought under pre-agreed terms, minimizing risk and providing revenue certainty for the developer. This strategy aligns with MMM Capital's ongoing efforts to expand its real estate portfolio and manage high-value projects effectively. Experts highlight that such agreements are increasingly used in Thailand to provide developers with predictable cash flows amid market fluctuations.Read more

03 Feb 2026

Sumou Real Estate has signed a contract to develop a mixed-use tower at an estimated cost of SAR 423.4 million. The project will include residential, commercial, and retail spaces, reflecting the growing trend for integrated urban developments. This move aligns with the company's strategy to expand its presence in high-demand urban areas and diversify its portfolio. The signing marks the beginning of the design and construction phase, with a focus on timely completion and quality. Analysts highlight the increasing appeal of such versatile projects.Read more

03 Feb 2026

Inovalis Real Estate Investment Trust has completed the sale of its Trio property, a key part of its portfolio. The disposition reflects the company's ongoing strategy to optimize holdings and focus on assets that offer stable returns. The property had contributed to the trust's income over the years, and its sale is expected to enhance cash flow and allow reinvestment in strategic projects. The move aligns with Inovalis REIT's approach of managing a diversified portfolio and strengthening its financial position while targeting higher growth opportunities.Read more

03 Feb 2026

Larsen & Toubro's Heavy Civil Infrastructure unit has secured a major contract worth between INR 5,000 crore and INR 10,000 crore from the Royal Commission of Riyadh City for the Red Line extension of the Riyadh Metro in Saudi Arabia. The project, part of an ultra-mega initiative led by a consortium including Webuild S.p.A., Nesma & Partners Contracting, Alstom, and IDOM, involves designing and constructing an 8.4 km corridor with elevated and underground sections and five stations, strengthening L&T's global presence in complex metro and mass rapid transit projects.Read more

03 Feb 2026

Abu Dhabi has consolidated its sovereign wealth structure by placing ADQ under the control of L'imad Holding, creating a larger state-backed investment platform chaired by Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. The move brings assets worth an estimated USD 300 billion under L'imad, including stakes in aviation, utilities, ports, and global brands. Previously chaired by Sheikh Tahnoun bin Zayed, ADQ managed about USD 263 billion. The restructuring reflects a broader shift in economic leadership within the emirate.Read more

03 Feb 2026

Vietnam's Vingroup JSC saw a sharp rise in profits for 2025, reporting a net profit of 11.146 trillion dong (USD 430.20 million), up 111% from the previous year. The fourth quarter contributed 3.58 trillion dong (USD 138 million), reflecting nearly a 200% year-on-year increase. Strong performance was driven by growth across real estate, retail, and automotive sectors, particularly VinFast. Strategic investments in technology and sustainability, coupled with effective cost management, supported these results. The figures underscore Vingroup's growing influence as one of Vietnam's most diversified and profitable business groups.Read more

03 Feb 2026

Panama's Supreme Court has annulled key port contracts held by CK Hutchison's subsidiary, creating uncertainty over the ownership of operations at the Panama Canal and affecting the conglomerate's planned USD 23 billion global port sale. The court ruled that the concession agreements were unconstitutional, challenging nearly three decades of PPC's operations and USD 1.8 billion investment. China and Hong Kong criticized the decision, while analysts expect short-term stock weakness for CK Hutchison. The ruling may force Panama to revise its port operation laws and consider new tenders or arbitration.Read more

02 Feb 2026

German prosecutors have moved to confiscate assets worth around EUR 35 million that were seized as part of a long-running money laundering investigation linked to the former governor of Lebanon's central bank. The assets, comprising commercial properties in Munich and Hamburg and shares in a Düsseldorf-based real estate company, are alleged to be connected to funds diverted from Lebanon's central bank through a company controlled by the brother of ex-governor Riad Salameh. The case forms part of a broader European investigation involving authorities in France, Germany and Luxembourg. While Salameh has denied wrongdoing and said his investments were funded personally, Lebanese authorities have expressed interest in reclaiming any confiscated assets to support public finances strained after the country's 2019 financial collapse.Read more

02 Feb 2026

Daito Trust Construction Co Ltd has decided to repurchase up to 2.7% of its own shares, valued at approximately 25 billion JPY. The company views the buyback as a way to enhance shareholder value and optimize its capital structure. Share repurchases are common among Japanese construction firms, serving to return cash to shareholders, support stock prices, and manage dilution from employee incentives. The move reflects Daito Trust's consistent approach to capital management and comes amid stable conditions in Japan's real estate and construction sector, highlighting a focus on financial prudence and investor confidence.Read more

02 Feb 2026

Presidio Property Trust has temporarily halted monthly dividend payments on its Series D preferred stock, while unpaid dividends will accrue at USD 0.19531 per share monthly. The company plans to save around USD 2.3 million annually through this step, which is intended to preserve liquidity amid market uncertainties. This suspension affects only Series D preferred shares and does not impact common stock dividends. Analysts view the move as a strategic financial adjustment rather than a sign of distress. Investors can expect accrued dividends to be payable when the company resumes payments.Read more