Abu Dhabi is actively seeking partners for infrastructure projects totaling USD 54 billion over the next five years, aiming to double the investment by 2040. Officials from ADPIC engaged with Turkish, Singaporean, and Chinese companies to shortlist potential collaborators. The portfolio focuses on bridges, tunnels, and social infrastructure, with national housing, schools, and community facilities making up about half of the investments. Projects will be carried out across Abu Dhabi, Al-Ain, and the Al-Dhafra region, financed either by the government or through public-private partnerships and long-term investment collaborations.Read more
Kiwi Property Group reported an 11.5% rise in its interim operating profit before tax, reaching NZD 62.9 million, driven by robust rental income and efficient cost control. The company maintained its FY26 dividend guidance at 5.60 NZ cents per share, signaling consistent returns for shareholders. Its diversified property portfolio, covering retail, office, and industrial spaces, has shown resilience in prior periods, reflecting operational stability. Analysts highlight disciplined management and strategic asset optimization as factors behind the strong performance, positioning Kiwi Property to maintain growth and deliver reliable income streams in the coming months.Read more
AstraZeneca recently confirmed that it would commit USD 2 billion towards expanding its manufacturing base in Maryland as part of its much larger USD 50 billion programme to strengthen research and production capabilities across the United States by 2030. The initiative, aligned with the former US administration's appeal for greater domestic drug manufacturing, spans upgrades to the company's biologics facility in Frederick and a new clinical supply site in Gaithersburg. The investment will support 2,600 jobs in total, including hundreds of highly specialised roles, and marks the fourth project under AstraZeneca's long-term expansion strategy.Read more
China Merchants Land will acquire the Nanjing Merchants Qisheng Property Development project from Citic Securities in a deal valued at INR 259.2 crore. The transfer consolidates the project under a subsidiary of Citic Securities, allowing for more focused management and operational efficiency. Recognized for its potential in Nanjing's real estate market, the project adds strategic value to China Merchants Land's portfolio. This move reflects wider trends in China's property sector, where companies are reorganizing assets to strengthen liquidity, streamline operations, and ensure projects receive dedicated attention and resources.Read more
The Qatar Investment Authority is adjusting its plans for the HSBC tower in London's Canary Wharf to retain more office space in response to rising global office demand. The fund may preserve up to 80% of the 45-storey building as offices, potentially abandoning earlier ideas for a hotel and alternative uses. George Iacobescu has been appointed to advise on sustainability and UK assets. Leasing activity in Canary Wharf is improving post-pandemic, with the area's vacancy rate declining, while financing arrangements with Apollo have secured bond repaymentsRead more
Realty Income has arranged a GBP 900 million sterling-denominated term loan to support its ongoing financing plans. The company confirmed that the loan will mature in January 2028, with an option to extend it further if required. This move reflects the company's continued strategy of maintaining access to diverse funding sources in the UK and Europe. Realty Income has steadily expanded its presence in international markets over recent years, and this loan adds to its existing debt profile, which includes previous multi-currency borrowings raised to support acquisitions and capital requirements.Read more
Goodman Property Trust reported half-year net property income of NZD 119.7 million, reflecting stable performance across its industrial portfolio. The trust also confirmed a distribution of 3.4125 New Zealand cents per unit for the period. Goodman has continued to benefit from steady rental collections, strong tenant retention and occupier demand that has remained firm in recent quarters. Its portfolio, which is focused on logistics and industrial assets, has shown resilience through earlier market fluctuations. The latest update signals that the trust is maintaining consistent financial performance.Read more
Scandinavian Investment Group recorded a nine-month profit after tax of DKK 7.5 million and has revised its 2025 return on equity target to 2-4%, implying after-tax earnings of DKK 4-8 million. The adjustment reflects current market conditions and the company's strategic focus on balancing growth with steady returns. The firm's performance in the first three quarters shows a stable foundation for meeting its revised targets, while industry observers highlight its resilience and continued commitment to efficient asset management and disciplined investment approaches.Read more
Link Real Estate Investment Trust has recorded a H1 net loss of HKD 1,614 million, even though its revenue for the period stood at HKD 7,023 million. The REIT is issuing an interim distribution of HKD 126.88 cents per unit. Management notes that operating conditions might remain tight in the second half of the fiscal year. The results underscore ongoing headwinds in Link's retail business, but its longer-term 'Link 3.0' diversification strategy and disciplined capital management could help build resilience.Read more
Workspace Group reported a pretax loss of 71.1 million pounds (USD 93.4 million) for the first half of the year, reversing a profit from the previous year. The decline was driven by lower occupancy, as small and medium businesses postponed leasing decisions ahead of the UK budget. Shares dropped to a more than three-year low amid investor concern. The result reflects the vulnerability of London's flexible office market to economic and regulatory uncertainty, highlighting challenges for operators in maintaining occupancy and profitability when tenants delay commitments.Read more