09 Feb 2026

UK supermarket chain Morrisons is exploring options to raise up to GBP 1 billion through a property-backed financing transaction, secured against a portion of its freehold store portfolio, according to a media report. The process, which is at an early stage, is being advised by real estate consultancy CBRE and is not expected to involve a traditional sale-and-leaseback structure. The move comes as Morrisons looks to strengthen its balance sheet following a period of flat annual earnings, driven by rising operating costs. Owned by US private equity firm Clayton, Dubilier & Rice since 2021, the grocer has been undergoing a strategic overhaul aimed at improving competitiveness against larger UK peers and discount retailers. The potential financing highlights the continued role of grocery real estate as a stable collateral asset amid operational headwinds.Read more

09 Feb 2026

Skanska reported fourth-quarter operating profit slightly below market expectations, as weak housing demand across the Nordic region continued to affect property sales and development activity. While operating profit rose 11% year-on-year to SEK 2.98 billion, it fell short of analyst estimates amid persistently low consumer confidence in Sweden and neighbouring markets. The company indicated that residential construction and commercial property development remained subdued, with limited new project launches. In the US, Skanska highlighted continued stagnation in the commercial property market, citing low transaction volumes and investor caution linked to long-term interest rate levels. Although central banks have begun easing monetary policy, the company expects only a gradual recovery in Nordic and Central European housing markets during 2026, while the US commercial property sector is likely to remain under pressure for longer.Read more

09 Feb 2026

Lamda Development has accepted a EUR 41.5 million offer from Nellenco for two residential land plots in the A-U2 urban development area, with a total maximum buildable area of 15,700 square meters. The transaction is part of Lamda's strategy to optimize its land holdings and reflects growing investor interest in this high-potential zone. Historical sales in the area indicate rising land values, and the deal may serve as a reference point for future transactions. The move also supports Lamda's ongoing funding and portfolio management plans.Read more

09 Feb 2026

Logistea AB has acquired a new industrial property in Karlskrona, with NKT as the main tenant. The property offers 19,000 sqm of leasable space and brings in an annual rental income of SEK 16.9 million, while the underlying value stands at SEK 216 million. The acquisition reflects Logistea's strategy of expanding its industrial real estate portfolio in Sweden, targeting properties with strong tenants that provide stable cash flows. The move is anticipated to enhance the company's rental income and strengthen its presence in strategic logistics and industrial locations.Read more

09 Feb 2026

Skyryse has secured USD 300 million in a Series C funding round, taking its valuation to about USD 1.15 billion. The U.S.-based aviation technology company plans to use the capital to complete FAA certification and expand deployment of its SkyOS flight operating system. SkyOS is designed to simplify aircraft controls and improve safety by replacing traditional mechanical systems with a single, intuitive interface. The company has already demonstrated the system on multiple aircraft and built partnerships across military, emergency, and private aviation segments.Read more

09 Feb 2026

Stendorren Fastigheter AB has signed a seven-year lease for a 1,900 sq m light industry building in Skrubba, Stockholm, expected to add SEK 2.9 million annually to operating income. The property is part of the company's broader industrial expansion strategy, focusing on long-term leases and stable cash flow. Industry observers highlight strong demand for modern industrial spaces in Stockholm's outskirts. The building incorporates sustainable and energy-efficient features, underlining the trend of eco-conscious commercial real estate development in Sweden, while strengthening Stendrren's industrial portfolio.Read more

08 Feb 2026

Dubai's Roads and Transport Authority has revealed the first strategic locations for the initial phase of the Dubai Loop, a high-speed underground transport system being developed in partnership with The Boring Company, backed by the Elon Musk-linked venture. The first phase will span around 6.4 km and connect locations within central Dubai, with the Dubai International Financial Centre and Dubai Mall area confirmed as starting points for the system's tunnels and stations. The initial segment will feature four stations linking key commercial and tourist districts, significantly reducing travel time between major urban centres. Officials said the project is designed to improve urban mobility, reduce surface congestion and support seamless integration with existing transport networks, with further expansion phases planned to extend the system across the emirate's broader transit corridor.Read more

07 Feb 2026

Home sales across the Greater Toronto Area declined sharply in January, recording their steepest monthly fall in almost 11 months, as economic uncertainty continued to keep buyers cautious. Data released by the Toronto Regional Real Estate Board showed seasonally adjusted sales fell nearly 10% from December, while prices also extended their downward trend. The home price index dropped for the eighth consecutive month, reflecting weaker demand amid concerns over affordability and broader economic risks. Ongoing uncertainty linked to Canada's economic outlook and trade relations with the United States has weighed on long-term purchasing decisions. With new listings also declining, market participants expect elevated supply levels to limit any near-term price recovery, while overall sales activity is likely to remain subdued through 2026.Read more

06 Feb 2026

Ocado said its Canadian partner Sobeys has decided to close its automated grocery warehouse in Calgary due to slower growth in Alberta's online grocery market. The move follows similar closures by Ocado's US partner Kroger and adds to pressure on Ocado's business model. While warehouses in Toronto and Montreal will continue operating, plans for Vancouver remain paused. Ocado expects compensation of GBP 18 million for the closure but anticipates a GBP 7 million hit to future fee revenue, while maintaining its focus on achieving positive cash flow.Read more

06 Feb 2026

New York and New Jersey have approached a federal court seeking an emergency order to restore funding for the Hudson River rail tunnel after the Trump administration halted federal support. The states argue that the freeze could stop construction within days and lead to job losses. The legal action follows a separate suit by the Gateway Development Commission. The project, valued at about USD 16 billion, is vital for rail travel between the two states and supports over 200,000 daily passengers. Federal authorities have cited legal and policy concerns.Read more