1 hour ago

Singapore's sovereign wealth fund GIC has announced changes to its senior investment leadership team by appointing two new deputy group chief investment officers and naming a new chief investment officer for its Fixed Income & Multi Asset (FIMA) business. The changes expand responsibilities for senior executives across private markets and portfolio management while maintaining the existing reporting structure. Established in 1981, GIC manages Singapore's foreign reserves and has investments across more than 40 countries, covering equities, fixed income, real estate, infrastructure and other asset classes.Read more

4 hours ago

Swedish Logistic Property (SLP) has extended an existing lease in Linkoping by eight years while also increasing the leased area by approximately 2,600 square metres. The lease will now remain valid until the end of 2037. The expansion is expected to raise the property's annual rental value to around SEK 11.2 million from an additional SEK 2.9 million. SLP will invest about SEK 44 million in the project, with the investment being financed through internal funds, reflecting the company's continued focus on strengthening its logistics property portfolio.Read more

7 hours ago

Picton Property has said that the revised proposed acquisition offer from LondonMetric Property and Schroder Real Estate Investment Trust (SREIT) values the company at GBP 397 million, or 77 pence per share. Under the revised proposal, Picton shareholders would receive a combination of LondonMetric and SREIT shares for each Picton share they hold. The latest update follows the consortium's ongoing pursuit of Picton and reflects revised transaction terms as discussions continue. The proposal remains subject to the customary corporate process and shareholder approvals.Read more

9 hours ago

KlaraBo reported a 4.7% year-on-year increase in rental income during the second quarter, supported by annual rent revisions and completed apartment refurbishments. The Swedish residential property company posted a net loss as negative unrealised fair value changes on investment properties and derivatives affected earnings. The company also moved ahead with its planned merger with Sveafastigheter after receiving shareholder approval. KlaraBo expects the merger to be completed in September 2026, with anticipated cost and operational synergies of at least SEK 120 million and a conditional extraordinary dividend of SEK 1.40 per share upon completion.Read more

11 hours ago

Fastighets Aktiebolaget Trianon reported improved financial performance for the second quarter, with income from property management increasing 18 per cent year-on-year to SEK 67 million. The company also posted higher rental income of SEK 208.4 million, reflecting continued growth in its property portfolio. Net profit for the quarter stood at SEK 31.9 million, while earnings per share reached SEK 0.17. The results indicate steady operational performance supported by stronger rental earnings despite the challenging market environment.Read more

13 hours ago

Heba Fastighets reported a 4% year-on-year increase in rental income for the first half of the year, supported by steady property management performance and lower maintenance costs. Income from property management rose 7%, while profit increased significantly compared to the same period last year. The company said its focus on energy efficiency, digitalisation, sustainability and disciplined capital allocation continued to improve operational performance. It also reaffirmed its commitment to achieving its 2030 energy consumption target and retained positive analyst sentiment.Read more

18 hours ago

French banking group BPCE has entered exclusive negotiations with cooperative lender Crédit Mutuel Arkéa to acquire its real estate subsidiaries, Izimmo and Liberkeys, as part of its strategy to expand its presence in France's property market. The proposed acquisition, announced in the past week, is expected to strengthen BPCE's position across real estate investment, savings and brokerage services. The bank, which holds a 26% share of the French mortgage market, said the transaction would complement its existing property-related businesses. Financial terms of the proposed deal have not been disclosed. Subject to the completion of negotiations and customary approvals, the transaction is expected to close during the fourth quarter of the year.Read more

20 hours ago

Kontron Transportation has won a contract to modernise the railway communications core network for Portugal’s national railway infrastructure. The project will support the country’s transition to the Future Railway Mobile Communication System (FRMCS), the next-generation railway communications standard. The scope includes supplying and installing radio communication infrastructure, testing, migration, training and long-term operational support. The contract further strengthens Kontron Transportation’s presence in Portugal, where the country has been investing in the digital transformation of its railway infrastructure to improve safety, interoperability and network efficiency.Read more

13 Jul 2026

New Century Group Hong Kong Ltd has announced that one of its subsidiaries has granted a mortgage loan worth HKD 8.7 million with a repayment period of 12 months. The transaction forms part of the company's financial services activities and was disclosed through a regulatory filing. The company has not released additional details about the borrower, the purpose of the loan, or the interest terms. The announcement comes as listed companies continue to disclose material lending transactions in line with Hong Kong's regulatory requirements.Read more

13 Jul 2026

UK housebuilder Vistry expects a stronger second half of the year despite forecasting a first-half pre-tax loss of GBP 30 million (USD 40 million). The company has outlined a strategic overhaul led by Chief Executive Adam Daniels, focusing on cost reductions, lower land purchases, a smaller regional footprint and the discontinuation of part-exchange operations to improve profitability and reduce debt. While first-half completions declined to around 6,100 homes due to delays in partner-funded developments, Vistry maintained its full-year adjusted profit guidance of GBP 200 million. The builder also expects to end the year with net cash exceeding GBP 100 million, supported by higher open-market sales, investment partner projects, government affordable housing grants and the impact of its restructuring programme.Read more