25 Nov 2025

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

24 Nov 2025

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

24 Nov 2025

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

24 Nov 2025

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

24 Nov 2025

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

24 Nov 2025

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

24 Nov 2025

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

23 Nov 2025

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

23 Nov 2025

City Developments Ltd (CDL) has completed the sale of its U.S. multifamily asset, 1250 Lakeside in Sunnyvale, for USD 143.5 million. The company confirmed the divestment earlier this week as part of its ongoing effort to manage its international portfolio more efficiently. The Sunnyvale property has been one of CDL's rental housing holdings in the U.S., a market where the group has selectively adjusted its exposure in recent years. The sale also reflects continued investor interest in residential assets across Silicon Valley, where rental demand has remained strong.Read more

23 Nov 2025

Madinet Masr and Waheej Real Estate have launched Citydom, a 50/50 jointly owned real estate venture. The new entity intends to acquire land in Al-Janadriyah for developing an integrated residential project. The collaboration brings together Madinet Masr's extensive experience in urban housing development and Waheej's background in residential and mixed-use projects. Citydom is positioned to combine the expertise and resources of both companies to deliver modern living spaces while capitalizing on growth opportunities in the region's real estate market.Read more