Federal Realty Investment Trust reported third-quarter revenue of USD 322.3 million, exceeding analyst expectations of USD 315 million, driven by strong tenant demand and rising rental income across its grocery-anchored retail portfolio. The trust's partnerships with essential retailers such as Trader Joe's, Whole Foods, and Safeway helped sustain growth amid inflationary pressures. Funds from operations (FFO) stood at USD 1.77 per share, matching forecasts. Federal Realty raised the lower end of its annual FFO guidance to USD 7.20-7.26 per share and narrowed its profit outlook to USD 3.93-3.99 per share. The results underscore the resilience of necessity-based retail assets and management's confidence in steady rental growth and occupancy stability.Read more

Keppel Corporation reported a net profit increase of over 25% for the nine months ended September, excluding non-core assets slated for divestment such as legacy offshore, marine, and property holdings. Including discontinued operations, overall profit still rose more than 5%, despite a one-time accounting loss from the planned sale of M1 Limited's telecom business. The group's recurring income grew nearly 15%, led by strong results in its infrastructure division and rising contributions from decarbonisation initiatives. Its real estate arm monetised about S$830 million in assets, taking total realisations to S$14 billion since 2020. With an asset-light strategy and new monetisation targets above S$500 million, Keppel remains well positioned for sustained growth.Read more

India has obtained a six-month exemption from US sanctions to continue operating Iran's Chabahar Port, following diplomatic talks between New Delhi and Washington. The waiver renewal ensures uninterrupted work at the port, a key part of India's regional trade and connectivity strategy linking it with Afghanistan, Central Asia, and Russia through the International North-South Transport Corridor. The exemption, which follows the expiry of the earlier waiver, reinforces Chabahar's role in India's long-term efforts to develop sustainable trade routes bypassing Pakistan.Read more

Xenia Hotels & Resorts reported a net loss of USD 13.7 million for the third quarter, with adjusted EBITDAre dropping 4.6% year-on-year. Adjusted funds from operations (FFO) per share decreased by 8%, while the company repurchased 974,645 shares for USD 12.3 million during the quarter. Despite the decline, Xenia projected a 4% rise in full-year 2025 same-property RevPAR and anticipated adjusted EBITDAre of USD 254 million at the midpoint. Analysts maintained a generally positive stance on the stock.Read more

The Memphis-based REIT Mid- America Apartment Communities, which owns over 250 apartment properties across the Southeast, Southwest and Mid-Atlantic, issued guidance for 2025 core adjusted funds from operations (AFFO/FFO) of USD 7.70-7.82 per share, below the analyst consensus of USD 8.74 per share. For the quarter ended September 30 it posted USD 1.81 per share versus an estimate of USD 2.19. The company attributes this shortfall to an oversupplied market, slower employment growth and economic uncertainty. Previously, the firm flagged that new supply deliveries had peaked and anticipated market conditions to tighten later.Read more

Invitation Homes reported stronger third-quarter results as demand for single-family rental homes across the U.S. remained firm. The company posted total revenue of USD 688.2 million, surpassing Wall Street's estimate of USD 675.1 million. Core funds from operations stood at USD 0.47 per share, meeting market expectations. The Dallas-based real estate investment trust also maintained its 2025 core FFO forecast between USD 1.90 and USD 1.94 per share. Renewal rents grew 4.5% for existing tenants, highlighting steady leasing activity across its portfolio of nearly 85,000 homes in 16 markets.Read more

Croatia has inaugurated a new terminal at the Port of Rijeka, marking the country's largest private investment in its maritime logistics sector. Built by APM Terminals and ENNA Group with an investment of over EUR 380 million (about USD 443 million), the project's total value rises to EUR 600 million after adding nearby road and rail infrastructure. The terminal, equipped with advanced automation, renewable energy systems, and a private 5G industrial network, began operations in September and is planned to expand from 650,000 TEUs to over one million TEUs in capacity.Read more

A North Dakota judge has reduced the damages Greenpeace must pay to Energy Transfer from about USD 667 million to USD 345 million in the case linked to protests against the Dakota Access Pipeline. The court ruled that part of the earlier jury award was duplicative or excessive. The lawsuit accused Greenpeace of defamation, trespassing and conspiracy during protests held between 2016 and 2017. Greenpeace maintains that the claims are unfounded and that the case is an effort to intimidate activists opposing the company's operations.Read more

Italy's Infrastructure Minister Matteo Salvini has urged the government to move forward with the construction of the long-discussed bridge linking Sicily to the mainland, despite the court of auditors blocking its approval. The project, estimated at 13.5 billion euros (USD 15.7 billion), has been debated for decades due to cost, environmental, and legal issues. Prime Minister Giorgia Meloni has met senior officials to assess the situation as the government considers whether to bypass the court's decision and proceed with the plan.Read more

UK house prices rose 0.3% in the past month, beating expectations and marking continued resilience in the housing market ahead of Finance Minister Rachel Reeves' budget, according to Nationwide. Prices were up 2.4% year-on-year, accelerating from 2.2% in the previous month, while economists had predicted no monthly change. Chief Economist Robert Gardner said the market's strength was notable despite high mortgage rates and soft consumer confidence. The Bank of England reported stronger-than-expected mortgage approvals, and Gardner suggested affordability could improve if income growth outpaces prices. With household debt at a 20-year low and borrowing costs likely to ease, the housing market appears stable but cautious ahead of fiscal policy announcements.Read more