Real estate stories

Edged wins Irving approval for a second 24 MW waterless AI data centre, promising high-density capacity without extra strain on water use.

Phishing-as-a-Service fuels 389% jump in account breaches as attackers target Microsoft 365 and Business Email Compromise scams.

CapitaLand Ascendas REIT to buy DHL’s Canal Winchester Ohio logistics hub for SGD $94.5m in a sale and leaseback to deepen Midwest reach.

CapitaLand India Trust inks a second hyperscaler deal at its Navi Mumbai data centre, taking pre-leasing across its portfolio to 53%.

Summa Equity has bought workforce safety provider Peoplesafe from ECI Partners to back its tech-enabled resilience strategy and expansion.

MNSS slashes Kuwait parts warehouse from 5,000 to 560 sq m with AutoStore, boosting accuracy, throughput and space cost savings.

iwGROUP appoints telecoms veteran John Horsman as Account Director to spearhead iwCONNECT, its integrated telecoms and technology division.

C-suite leaders plan to double down on AI, cost cuts and flexible work by 2026, despite tight budgets and rising tech and labour pressures.

Vertex Group names Puneeta Rajwant to steer India expansion, InfraTech launch and drive its Vertex 2.0 agenda towards INR ₹1,000 crore.

CapitaLand India Trust to sell 20.2% stakes in three data centres to CapitaLand India Data Centre Fund for INR ₹7.02b to boost flexibility.

Credas and DezrezLegal complete first live home move using a reusable digital compliance wallet to cut repeated ID checks in conveyancing.

Marqeta has hired veteran payments executive Patti Kangwankij as CFO, completing a leadership reshuffle under chief executive Mike Milotich.

UK start-up Conveyd raises GBP £2.5m to expand its AI-driven conveyancing platform, promising to cut home purchase times to weeks.

Australian businesses are turning cost optimisation into a permanent strategic mandate, reshaping technology, talent and operations for efficiency.

Harvey Norman Limited’s New Zealand branch reported a sharp lift in profit, driven by higher domestic property valuations and modest revenue growth.

AI-driven demand is set to unleash up to USD $3 trillion in global data centre investment, doubling capacity to 200GW by 2030.

Brivo and Eagle Eye Networks will merge under the Brivo name to create what they claim is the world’s largest AI cloud security platform.

Willow and BNP Paribas Real Estate link AI with digital twins to turn European buildings into conversational, data-driven assets.

Accordion buys FCM to fuse data-led finance consulting with operator-led transformation in a push to deepen private equity value creation.

Energy efficiency in buildings has surged to the top of global infrastructure agendas as organisations chase decarbonisation and lower costs.