23 Dec 2025

The U.S. House has passed the SPEED Act to streamline permitting and environmental reviews for major energy, industrial, and data center projects. While the bill aligns with Trump-era goals of boosting domestic energy and industrial growth, last-minute amendments to maintain offshore wind veto powers caused clean energy advocates to oppose it. The legislation received 11 Democratic votes but faces hurdles in the Senate. Industry groups welcomed the reform as a necessary update to slow approval processes, while environmental and renewable energy organizations warned of risks to public health, clean air, and equal treatment of energy resources.Read more

23 Dec 2025

Vietnam has begun initial construction work on a cross-border railway linking the country with China as part of its wider infrastructure expansion plan. The 391-kilometre rail line will run from Lao Cai at the Chinese border through Hanoi to Haiphong port. Track laying is scheduled to begin late next year, with completion targeted for 2030. The project will be partly funded through Chinese government loans. It forms part of Vietnam's broader infrastructure pipeline valued at about USD 129.23 billion, aimed at sustaining high economic growth.Read more

23 Dec 2025

The IMF has approved emergency funding of around USD 206 million for Sri Lanka under the Rapid Financing Instrument to support recovery after Cyclone Ditwah caused extensive damage. The cyclone killed 643 people, affected nearly 10% of the population and damaged over 100,000 homes and key infrastructure. Agriculture suffered major losses, with 150,000 hectares of crops destroyed. The support comes as Sri Lanka continues to recover from its 2022 debt default and ongoing IMF bailout programme. Additional domestic spending has also been proposed to aid rebuilding efforts.Read more

22 Dec 2025

Cibus Nordic Real Estate AB has acquired 11 properties across four countries for a total value of EUR 41.9 million, according to a disclosure made in the past week. The acquisition aligns with the company's long-term focus on daily goods & anchored real estate and geographic diversification. Although details of individual assets were not provided, the deal adds to Cibus growing European portfolio. The company has consistently expanded through similar acquisitions, targeting stable cash flows from food and grocery-related tenants.Read more

22 Dec 2025

Wistron Corp has announced that its Vietnam subsidiary, Wistron Infocomm (Vietnam), plans to invest USD 134.8 million in building property and purchasing machinery and equipment. The decision reflects the company's continued focus on expanding manufacturing capacity in Vietnam. Wistron has been gradually strengthening its presence in the country as part of its strategy to diversify production locations. The investment highlights Vietnam's growing role in global electronics manufacturing and aligns with broader supply chain realignments by Taiwanese contract manufacturers.Read more

22 Dec 2025

US existing home sales edged up marginally in the past month, rising 0.5% to an annualised pace of about 4.13 million units, indicating a stable but subdued housing market. Despite the monthly gain, sales remained lower than last year as high borrowing costs and economic uncertainty continued to weigh on buyer sentiment. Limited new listings and slower inventory growth kept supply tight, supporting home prices, which rose to a median of around USD 409,200. Mortgage rates stayed above 6%, affecting affordability, especially for first-time buyers. With homes taking longer to sell and cash buyers playing a larger role, the market showed steadiness rather than a clear recovery.Read more

22 Dec 2025

China Vanke has proposed an improved plan to pay overdue interest on a 2 billion yuan (USD 284 million) bond and extend its repayment grace period, in a bid to avoid default. The developer intends to pay 60 million yuan in interest by December 22 and increase the grace period from five to 30 trading days. After bondholders previously rejected its extension request, Vanke is holding a second meeting with creditors to vote on the proposals. The company is also seeking to extend repayment for a 3.7 billion yuan (USD 525 million) note due later this month.Read more

22 Dec 2025

TSR Capital Bhd's subsidiary has accepted a 48 million RGT Letter of Award from Sime Darby Property for infrastructure and ancillary works in Bukit Raja, Selangor. The project will involve civil and supporting construction tasks that contribute to the development of the area. With prior experience in executing similar contracts, TSR Capital strengthens its footprint in the Malaysian construction sector. The project is expected to enhance connectivity, utilities, and overall urban development in Selangor, reflecting ongoing partnerships between major property developers and experienced construction firms in the country.Read more

21 Dec 2025

Evergrande Property Services has informed that its liquidators have received updated non-binding indicative offers from selected potential buyers. The company clarified that no new offers will be considered, and the potential transaction remains at an early stage. This development follows ongoing restructuring efforts by the Evergrande Group, which has been addressing financial pressures in its property services and real estate segments. Analysts note that the updated bids may help provide clarity on the company's future direction, though final agreements are still far from confirmed.Read more

21 Dec 2025

GDI Property Group's GDI No. 38 Diversified Property Trust has sold 5 and 15 Wood Street, Bassendean, for AUD 29.5 million. The transaction is part of the company's portfolio management strategy aimed at optimizing high-performing assets. The sale proceeds will strengthen the trust's financial flexibility and support future investments. GDI Property has consistently focused on balancing capital growth with steady returns, and this transaction demonstrates its approach to strategic asset management. The buyer has not been disclosed, but the transfer of ownership is structured for efficiency.Read more