Deutsche Bank will lease 250,000 square feet in London's Canary Wharf, in a building currently occupied by Revolut, marking a substantial expansion in the district's office space demand. The YY building is owned by Oaktree Capital Management and Quadrant Estates, with Revolut being its first tenant last year. Canary Wharf, which faced office vacancies during the pandemic, is now witnessing renewed interest from major firms, including Visa and JPMorgan Chase, reflecting a broader recovery in London's financial district and a push for employees to return to physical offices.Read more

Danube Properties is developing 'SHAHRUKHZ by Danube', a 55-storey commercial tower in Dubai named after Shah Rukh Khan, with an investment of around INR 3,500 crore. The project spans one million sq ft, primarily office space with some retail, and will feature over 40 amenities. Scheduled for completion by 2029, it has received a strong market response. Funded through internal accruals and customer advances, the tower aims to generate more than INR 4,000 crore in revenue and addresses Dubai's growing demand for premium Grade A office spaces.Read more

Qatar's Energy Minister, Saad al-Kaabi, is hopeful that the EU will address corporate concerns over its Corporate Sustainability Due Diligence Directive (CSDDD) by the end of December. Qatar has voiced opposition to the directive, highlighting fines of up to 5% of global revenue and stating it will not meet net-zero targets. Al-Kaabi cited strong future LNG demand driven by AI, with the North Field expansion set to raise output to 126 million tonnes by 2027. He also warned of potential real estate oversupply in the Gulf.Read more

Vietnam's weekly government bond auction raised 7.95 trillion dong (USD 302 million), slightly higher than the previous week. The 10-year bonds were sold at a 3.92% coupon, the highest this year, with 61% of the total offered bonds taken up. Longer-term 5-, 15-, and 30-year bonds failed to attract buyers. Total government bond sales in 2025 have reached 309 trillion dong, covering 62% of the annual target. Corporate bonds reached 529.5 trillion dong, with real estate and banking sectors holding the largest share of upcoming maturities.Read more

SoftBank is in advanced discussions to acquire DigitalBridge, a major digital infrastructure company, to expand its AI-linked asset portfolio. The deal, possibly closing by year-end, led DigitalBridge shares to surge 35%. Investors are increasingly channeling funds into digital infrastructure, with McKinsey projecting AI-related spending could reach USD 6.7 trillion by 2030. DigitalBridge, managing USD 108 billion in assets, operates data centers, cell towers, fiber networks, and edge infrastructure. Growing M&A activity highlights the strategic importance of digital infrastructure amid AI and cloud expansion.Read more

SL Green Realty Corp expects EPS for 2026 between USD -0.27 and USD 0.03, while forecasting NAREIT-defined FFO per share in the range of USD 4.40 to USD 4.70. The company confirmed that it will start paying dividends quarterly from 2026. These projections reflect market challenges in Manhattan's office sector, including leasing dynamics and operational costs. Despite the mixed EPS outlook, the FFO guidance indicates the company expects stable cash flows and continued financial strength, enabling it to sustain dividend payments and maintain a focus on long-term value creation for shareholders.Read more

Lai Sun Development has agreed to divest its 50% interest in a prime office tower in Hong Kong's Central district for HKD 3.5 billion (USD 450 million), securing net proceeds of HKD 2.4 billion. The disposal is intended to strengthen liquidity as the developer confronts refinancing challenges, a subdued commercial property market and substantial bond repayments due next year.Read more

Microsoft has unveiled USD 23 billion in new AI investments, with USD 17.5 billion dedicated to India from 2026, marking its largest Asian commitment. The spending plan includes hyperscale data centres, cloud expansion and major skilling programmes. The company will also invest USD 5.42 billion in Canada as part of its broader push to build AI capacity worldwide.Read more

XiAn Kingfar Property Services has entered into conditional agreements to acquire property units and mechanical parking usage rights from Kingfar Real Estate and other associated entities, with the total deal valued at RMB 63 million. The transactions are subject to regulatory and contractual conditions before completion. This acquisition reflects a broader strategy to strengthen XiAn Kingfar's property portfolio and optimize asset management. Kingfar Real Estate's prior experience in similar transfers indicates a consistent approach to strategic asset allocation and operational efficiency in the local real estate market.Read more

Terreno Realty Corporation has acquired a property in Hyattsville, Maryland, for 50.0 million USD, reinforcing its strategy to expand in high-demand urban markets. The acquisition adds a commercially valuable asset to its portfolio, reflecting the company's focus on long-term growth and well-located properties. Hyattsville has attracted rising investor interest due to increased economic activity, making the deal strategic. This purchase is part of Terreno Realty's broader approach to balancing risk while capturing opportunities in key metropolitan areas, particularly around Washington, D.C.Read more