30 Mar 2026

Malaysia-based conglomerate Sunway has received overwhelming shareholder approval for its proposed acquisition of IJM Corp, with 99.97 per cent votes in favour at its annual general meeting held in the past few days. The development signals strong investor confidence in Sunway's expansion strategy, particularly in the infrastructure and construction segments. The deal is expected to strengthen Sunway's position in integrated development and engineering capabilities. The acquisition also reflects a broader trend of consolidation in Malaysia's construction sector, as companies look to scale operations and improve project execution capacity.Read more

30 Mar 2026

Merlin Properties is planning a primary accelerated bookbuild offering of around EUR 770 million, involving approximately 56.3 million shares, representing about 10 per cent of its total share capital. The transaction is being led by a bookrunner and will see key shareholders Banco Santander and Nortia Capital subscribing to a portion worth nearly EUR 255 million. The move is part of the company's broader capital strategy, likely aimed at strengthening its balance sheet and supporting future investments across its commercial real estate portfolio in Spain and Portugal.Read more

30 Mar 2026

Desun Real Estate Investment Services Group Co Ltd has announced that its subsidiary, Chengdu Desun, has secured the bid for a landmark media complex project in Chengdu. The lease for the project is set to run from July 1, 2027 to June 30, 2036, indicating a long-term operational commitment. The development highlights the company's continued expansion in China's commercial real estate and media infrastructure segment. This win strengthens its presence in Chengdu, a key emerging city, and reflects growing institutional interest in integrated media and commercial real estate assets.Read more

30 Mar 2026

Hong Kong-based Fosun International has announced plans to spin off its luxury resort, Atlantis Sanya, and list it on the Shanghai Stock Exchange as a real estate investment trust (REIT). The proposed listing will use the resort as the underlying asset under China's commercial property REIT framework and remains subject to regulatory approvals. The move follows earlier efforts by the group to monetise assets and manage debt, which stood at RMB 222.10 billion as of mid-2025. The Hong Kong Stock Exchange has granted a waiver allowing the spin-off without assured entitlement to existing shareholders, deviating from standard listing norms.Read more

30 Mar 2026

Property for Industry Ltd, a New Zealand-based industrial property investor, has indicated that it is evaluating a potential issuance of 6.5-year senior secured fixed rate bonds. The move is part of the company's broader capital management strategy, which typically includes raising funds through debt instruments to support portfolio expansion and refinancing needs. While the company has not disclosed the size or timing of the proposed offer, such bond issuances are generally used to secure long-term funding at stable interest rates. The development reflects ongoing activity in global real estate debt markets.Read more

29 Mar 2026

Swiss lender UBS has suspended investor withdrawals from its Euroinvest real estate fund for up to three years, citing insufficient liquidity to meet redemption requests. The Germany-based fund, managed by UBS Real Estate GmbH, held assets worth EUR 406.8 million (USD 469.4 million) as of late February. The suspension applies to all redemption requests submitted after the cut-off and is accompanied by a halt on new share issuance. The decision reflects ongoing stress in real estate investment vehicles amid rising withdrawal pressures. Similar restrictions have been observed globally across alternative asset classes, indicating broader liquidity challenges in investment funds.Read more

29 Mar 2026

A recent Russian drone strike targeted Ukraine's Danube port infrastructure in the Odesa region, damaging key facilities including warehouses, administrative buildings, and energy systems. One person was injured, while power outages affected around 17,000 consumers and disrupted water supply in nearby areas. Despite the damage, port operations continued. Ukraine reported intercepting most of the drones launched in the attack. The incident highlights growing pressure on Ukraine's maritime trade routes, with officials noting a sharp rise in strikes on Odesa's port infrastructure over the past month compared to the previous year.Read more

27 Mar 2026

Dubai Residential REIT has expanded its real estate portfolio with the addition of garden view villas valued at AED 241 million. The acquisition reflects the trust's continued focus on strengthening its residential asset base in Dubai's growing housing market. The move comes at a time when demand for villa communities in the emirate remains steady, driven by end-user interest and long-term investors. This addition is expected to support rental income stability and enhance portfolio diversification, aligning with the REIT's broader strategy of acquiring income-generating residential properties.Read more

27 Mar 2026

SEPC Limited has approved the acquisition of a 90% equity stake in Abu Dhabi-based Avenir International Engineers and Consultants LLC for approximately INR 1,530 crore, marking a significant overseas expansion by the Chennai-headquartered EPC firm. The transaction, structured as a share-swap arrangement, is expected to be completed within six months, subject to lender and shareholder approvals. Avenir operates in oil and gas engineering, front-end engineering design, and project management consultancy, with a strong presence across the Middle East and North Africa (MENA) region. The acquisition is aimed at enabling SEPC's entry into the global oil and gas EPC and consulting segment while enhancing its access to higher-margin engineering services and international markets.Read more

27 Mar 2026

Sweden's consumer confidence recorded a marginal decline in March, reflecting cautious household sentiment amid ongoing economic uncertainty. Data released by the National Institute of Economic Research showed the index falling slightly compared to the previous month. However, the broader economic sentiment indicator, which includes sectors such as industry, construction and retail, saw a minor improvement. The mixed trend indicates that while consumers remain cautious about personal finances and spending, business sectors are showing some resilience, offering a balanced outlook for the country's near-term economic environment.Read more