Omnia, a data center company backed by Patria, has partnered with Casa dos Ventos to develop a USD 9.25 billion (INR 50 billion) data center in Ceara, Brazil, which will be exclusively used by TikTok. The project will be the largest of its kind in Brazil, with a power capacity of 300 megawatts. Construction is expected to begin later this year, with operations set for 2027. It will also be Brazil's first data center designed for exporting data, powered by renewable energy sources for sustainable operations.Read more

Danish renewable energy company Orsted has agreed to sell a 50 percent stake in Britain�s Hornsea 3 offshore wind project to Apollo Global Management for about DKK 39 billion (around USD 6 billion). As part of the deal, Apollo will also fund half of the remaining construction costs. The project, with a total capacity of 2.9 GW, is expected to supply power to over three million UK homes once completed in 2027. The sale forms part of Orsted�s broader plan to strengthen its balance sheet and manage rising development costs.Read more

Dubai's property market achieved a new milestone earlier this week, with total real estate transactions in 2025 climbing to AED559.4 billion, overtaking last year's record performance. According to fam Properties, October alone recorded 19,875 deals worth AED59.4 billion, led by robust apartment sales and a notable rise in land transactions. While villa sales experienced a decline in volume, commercial properties saw a sharp year-on-year jump. Experts highlighted that Dubai's transparent property ecosystem, powered by data platforms such as DXBinteract, continues to attract global investors seeking informed investment decisions.Read more

Postal Realty Trust recorded a strong performance in its third quarter, driven by its strategic acquisitions and efficient leasing programmes with the United States Postal Service (USPS). The company�s revenue rose by 24% year-on-year, supported by the purchase of 47 USPS properties worth USD 42.3 million at a 7.7% capitalisation rate. Additionally, the firm expanded its unsecured credit facilities to USD 440 million and raised USD 26 million through its ATM programme to fund acquisitions.Read more

TotalEnergies has entered a 10-year agreement with Data4 to supply renewable electricity to its data centres in Spain, starting in 2026. The contract will provide 610 gigawatt-hours (GWh) of clean energy from Spanish wind and solar farms. This aligns with Data4's goal to meet the growing energy demands of the data centre sector, particularly with the expansion of artificial intelligence (AI). TotalEnergies, in turn, continues its strategic shift towards more predictable and stable income from renewable sources.Read more

Realty Income, a San Diego-based real estate investment trust (REIT), has revised its full-year adjusted funds from operations (AFFO) outlook for 2025 to a narrower range of USD 4.25-4.27 per share, compared with its earlier projection of USD 4.24-4.28. The company reported third-quarter same-store rental revenue of USD 1.16 billion, up 1.3% year-on-year, while total revenue rose to USD 1.47 billion, surpassing analysts' estimates of USD 1.38 billion. Adjusted FFO for the quarter stood at USD 1.08 per share, slightly above expectations, though shares edged lower in after-hours trading.Read more

BSR REIT Sees Revenue Drop but Expands Texas Portfolio

BSR Real Estate Investment Trust (BSR REIT) reported a total revenue decline of USD 9.2 million in the past quarter, largely due to property dispositions. Despite the setback, the company recorded a 2.7% rise in Same Community Net Operating Income (NOI), supported by tax refunds and insurance savings. The acquisition of The Ownsby in Texas for USD 87.5 million further strengthened its portfolio. With improving economic and demographic trends across the Texas Triangle, BSR REIT expressed confidence in revenue stabilisation and refinancing of upcoming debt maturities.Read more

Dream Impact Trust reported a net loss of CAD 10.3 million for the third quarter, missing analyst estimates of around CAD 2.84 million. The trust saw its purpose-built rental assets achieve occupancy of over 90%, up roughly 15 percentage points since June. It secured a USD 15 million loan from its parent and extended convertible debentures with Fairfax Financial Holdings Limited to 2031. Development projects such as 49 Ontario Street and the Quayside scheme remain on track, with expectations of boosting earnings in the coming year.Read more

Alexander's Inc reported stronger-than-expected earnings for the third quarter, outperforming analyst forecasts despite a slight decline in revenue from the previous year. The company�s net income for the period reached USD 6 million, exceeding estimates, while funds from operations (FFO) per diluted share increased to USD 2.91 compared with USD 2.84 a year earlier. Revenue totalled USD 53.4 million, surpassing projections, although down year-on-year.Read more

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Killam Apartment REIT recorded a 5.5% growth in same property net operating income (NOI) during the third quarter, driven by a 5.2% increase in same property revenue. The company's net income, however, declined due to a fair value loss on investment properties. Killam completed property sales worth CAD 147.6 million and reinvested the proceeds into new acquisitions. Looking ahead, the REIT anticipates full occupancy for The Carrick by early 2026 and expects to complete its Waterloo and Halifax developments within the same year.Read more