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02 Mar 2026
VICI Properties has lowered its 2026 adjusted FFO forecast, expecting USD 2.42-2.45 per share, below analysts USD 2.52 per share estimate. Weak demand, inflation, rising costs, and increased competition in the hospitality and entertainment real estate sector are affecting growth and margins. For the fourth quarter, AFFO came in at USD 0.60 per share, slightly under analyst expectations, while revenue rose to USD 1.01 billion from USD 976.1 million a year earlier. The company's sale-leaseback model continues to support immediate income.Read more
02 Mar 2026
John Lewis Partnership has decided to withdraw from its build-to-rent (BTR) property business, citing a fundamental change in the economic conditions that originally supported the venture. The employee-owned retailer entered the residential rental segment in 2020 as part of a diversification strategy aimed at reducing reliance on retail revenues. However, higher borrowing costs, weaker investment returns and increased construction expenses have made the business model unviable in the current environment. The decision forms part of a broader strategic reset under executive chair Jason Tarry, with the group refocusing on its core retail operations, including John Lewis department stores and Waitrose. While no homes were ultimately built, the partnership progressed several planning applications and managed third-party rental properties during its brief foray into the sector.Read more
02 Mar 2026
Vietnam's large-scale infrastructure investments, valued at roughly USD 200 billion, are projected to raise the country's fiscal deficit to 4.2% of GDP this year and increase public debt from 33% of GDP. Moody's Ratings expects the debt to remain lower than regional peers. Banking reforms under To Lam aim to reduce exposure to real estate, where loan growth had surged to 42% by late September. Vietnamese banks maintain low capital buffers with a Tier 1 ratio of 9%, prompting Moody's to advise state-owned banks such as BIDV and VietinBank to strengthen their capitalization.Read more
02 Mar 2026
Equinix and Canada Pension Plan Investment Board (CPPIB) are close to finalising a deal to acquire pan-Nordic data centre operator atNorth, according to a Bloomberg News report citing sources familiar with the matter. The transaction, which could be announced in the coming days, is said to value atNorth at around USD 4 billion, including debt. The company is currently backed by private equity firm Partners Group, which acquired the platform in 2022 and has since supported its expansion across the Nordic region. The potential acquisition highlights sustained investor interest in digital infrastructure, driven by rising demand from hyperscale cloud providers, artificial intelligence workloads and high-performance computing. For Equinix and CPPIB, the deal would further strengthen exposure to data centre assets in energy-efficient Nordic markets.Read more
01 Mar 2026
DoveRunner has opened a new office in Jakarta to strengthen its presence in Indonesia and Southeast Asia, serving as a regional hub for enterprises, banks, and digital service providers. The expansion addresses rising demand for mobile application security and anti-piracy solutions as organisations accelerate digital transformation. DoveRunner has existing partnerships with major local companies like Vidio, Sinarmas, Japfa, and EMTEK Group. The Jakarta office complements its global growth strategy, which includes expansions in Europe and Latin America, ensuring faster support, regulatory compliance, and enhanced cybersecurity for clients across regions.Read more
01 Mar 2026
Kronos Homes has announced the launch of La R serve, a new residential apartment development with an investment value of approximately EUR 60m at Belas Clube de Campo, one of the Lisbon region's established golf-led residential destinations. The scheme will comprise 101 apartments ranging from one to four bedrooms, with unit sizes between 60 sq m and 190 sq m and starting prices from EUR 470,000. Construction is scheduled to commence in Q2 2026, with first completions targeted for Q4 2028. Designed by UNStudio in collaboration with Lisbon-based Capinha Lopes Consulting, the project will emphasise contemporary architecture integrated with the surrounding natural landscape, offering lake and golf course views alongside shared resort-style amenities.Read more
01 Mar 2026
Brett Lee has relocated to Dubai, purchasing a waterfront residential unit at Breez by Danube, a project developed by Danube Properties. The acquisition, completed in the past week, places the former fast bowler among a growing list of global public figures choosing Dubai as a long-term residential base. The project is located in Dubai Maritime City and comprises fully furnished apartments with access to a range of leisure and wellness amenities. Lee cited lifestyle considerations, safety and long-term investment value as key factors behind the move. The transaction reflects sustained demand for premium waterfront housing in Dubai, particularly from internationally mobile buyers seeking residential stability alongside asset diversification.Read more
28 Feb 2026
IndiGo has moved all its Riyadh flight operations to Terminal 5 at King Khalid International Airport, with the change taking effect earlier this week. The airline informed passengers through a travel advisory and asked them to check flight status and update contact details to receive timely notifications. The shift applies to both arrivals and departures. The move is part of a wider terminal reorganisation at Riyadh airport aimed at streamlining passenger handling and improving operational efficiency for multiple carriers.Read more
28 Feb 2026
The United States has imposed a preliminary countervailing duty of 126% on solar cells and modules imported from India, citing alleged government subsidies that provided an unfair advantage to Indian manufacturers. The move follows a petition by US solar producers and forms part of a broader trade investigation that also covers imports from Indonesia and Laos. The decision has led to volatility in Indian solar stocks and raised concerns over export prospects. A final determination in the case is scheduled for July 2026.Read more
28 Feb 2026
The global blue zones concept, which examines communities with exceptional longevity, is influencing a new generation of residential development in Dubai as the city aligns urban growth with wellbeing and sustainability. The idea underpins Keturah Reserve, a AED 5.7 billion bio-living project being developed at Mohammed Bin Rashid City, District 7, by the Keturah luxury brand. Inspired by research initiated by American author Dan Buettner, the development integrates environmental design focused on air, water and light. The project coincides with Dubai Municipality's Blue and Green Spaces Roadmap, launched at the recent World Governments Summit, which outlines more than AED 4 billion of investment in parks, trees and recreational spaces over the next five years, reinforcing Dubai's push towards wellbeing-led urban development.Read more