Axiado, a Silicon Valley startup developing a compact chip to reduce space and energy consumption in AI data centres, announced earlier this week that it had secured USD 100 million in fresh investment. The company aims to replace multiple legacy board-management components with a single, smaller chip capable of overseeing server coordination, enhancing security, and reducing cooling needs. With AI server density rising and operators making room for liquid-cooling systems, Axiado's approach comes at a critical moment. The chip's AI-driven capabilities also allow it to detect anomalies and adjust cooling loads, potentially cutting energy use by up to 50%.Read more

Arlandastad Group AB's subsidiary has signed a lease with Ramirent for a 4,000-square-metre space in the F60 Foretagspark development. The deal follows detailed discussions on facility needs and strengthens the tenant mix in the growing business park. Ramirent, a major equipment rental provider across the Nordic and Baltic regions, is expected to add stable activity to the area. F60 Foretagspark has been drawing interest due to its location and flexible operating potential, and Arlandastad has already leased several units in the wider zone. While financial terms were not disclosed, the agreement expands Ramirent's regional footprint and supports Arlandastad's strategy of building well-organised commercial clusters.Read more

UK house prices recorded a modest increase in November, rising by 0.3% on a seasonally adjusted basis, according to Nationwide. This followed a smaller rise in the previous month and came despite concerns linked to the finance minister's recent budget. The average house price reached 272,998 pounds (USD 360,739.56). Annual growth eased to 1.8%, the weakest since mid-2024, partly due to strong gains seen a year ago after interest rate cuts and policy changes. Supportive mortgage approvals and expectations of lower interest rates have given economists confidence that affordability may slowly improve.Read more

Adeer Real Estate Service recently signed a contract with Hamad Bin Abdullah Al Muhaisen, Nahdhat Al Mashaer General Contracting Company, and other parties, with an estimated value of about 8% of its annual revenues. This agreement underscores the company's strategy of forming strategic partnerships to strengthen its market presence. Analysts view this as a sign of confidence in Adeer's operational abilities. Past high-value contracts have supported its growth, and collaborations like this aim to improve project execution and open avenues for future real estate and construction opportunities.Read more

Retal Urban Development has formalized a development agreement with the National Housing Company to advance a significant residential project in Riyadh. The deal, valued at SAR 5.2 billion, will cover the construction of 4,839 residential units, reflecting ongoing efforts to meet the city's growing housing demand. The agreement highlights a continued partnership between private developers and government entities to enhance residential infrastructure. This initiative follows Retal's previous urban development projects and aligns with broader national plans to expand housing availability and support urban growth in Saudi Arabia.Read more

Realty Income is set to invest USD 800 million in CityCenter Las Vegas, covering ARIA Resort & Casino and Vdara Hotel & Spa, while Blackstone Real Estate retains full common equity and MGM Resorts International continues operations. This follows Realty Income's earlier USD 950 million investment in Bellagio Las Vegas. The deal provides an initial 7.4% return, increasing from year five, and an 8.3% return on preferred equity redemption. The investment reinforces Realty Income's partnership with Blackstone and its growing focus on high-value hospitality assets. The transaction is scheduled to close on December 9.Read more

Grand City Properties SA has issued 600 million EUR in perpetual notes at a 4.75% coupon, drawing investor interest with a peak order book over 2 billion EUR. The company intends to use the funds to buy back higher-coupon perpetual notes and partially refinance upcoming notes with a first call date in 2026. A tender offer has also been launched to allow existing noteholders to exchange their notes, expiring on 8th December. This move highlights the company's strategic approach to debt management while maintaining financial flexibility.Read more

Castleview Property Fund recorded a headline EPS of 17.94 cents for the half-year ending September, while revenue fell 27.7% to INR 824.9 million. The board declared an interim dividend of 11.06830 cents per share, maintaining a focus on shareholder returns despite market challenges. The decline in revenue reflects reduced rental income and broader property market pressures. During this period, the fund emphasized operational stability and active portfolio management, striving to generate consistent income while navigating uncertain market conditions.Read more

Shanghai authorities have removed over 40,000 posts across social media platforms for spreading fear about China's property market and misrepresenting housing policies. The crackdown, which started in mid-November, also penalized more than 70,000 real estate accounts and 1,200 livestream channels, including cases where AI-generated property images were presented as real. The move comes amid a prolonged property slump since 2021, with unpaid debts and incomplete presold homes undermining consumer confidence. Officials stressed the need to prevent online panic from escalating into wider criticism of the government.Read more

Wolong New Energy Group is set to invest 804.2 million CNY (USD 113.72 million) in an energy storage project to boost its renewable energy capabilities. The investment aims to support the development and deployment of advanced storage technologies, addressing the increasing demand driven by China's energy transition. The project aligns with the government's push for clean energy and reflects Wolong's long-term strategy of strengthening its position in the energy storage sector. It also contributes to improved grid efficiency and stability.Read more