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Goodman Group is facing growing criticism over what is described as its largest data center project in Japan, just days after canceling a similar development in Sydney due to local opposition. The scrutiny highlights the challenges the Australian property giant faces in expanding data center infrastructure in developed markets.
Singapore has referred eight civil servants to police over suspicions they used unpublished government information to buy property near planned MRT stations. The move follows a US study showing officials were 60% more likely to buy homes in areas with unannounced transit plans.
New condo prices in central Tokyo hit a record high in July, rising 96% year-on-year to 265.20 million yen ($1.7 million). The surge is driven by higher construction costs, land prices, and robust demand, with experts warning of continued short-term increases.
A London real estate event marketed properties in illegal Israeli settlements in the occupied West Bank and East Jerusalem, despite opposition from over 100 British MPs and activist groups. Activists said there was no mention of Palestinians and that the Gaza war was cited as a reason for lower prices. The event prompted protests and arrests, and calls for an investigation from London's mayor.
