25 Jul 2026

United Rentals has raised its full-year revenue forecast after reporting record quarterly revenue, supported by continued demand for equipment rentals across large construction, industrial, energy and AI-related infrastructure projects. The company also delivered stronger-than-expected second-quarter earnings and revenue, surpassing analysts' estimates. Its specialty rentals business recorded the highest growth during the quarter, while the general rentals segment continued to contribute the largest share of revenue. The revised outlook reflects sustained investment in data centres, energy infrastructure and major construction projects despite continued pressure from higher fuel and energy costs.Read more

25 Jul 2026

Australian equities moved higher, with the benchmark S&P/ASX 200 index touching its highest level in nearly five weeks, supported by strong gains in real estate, mining and financial stocks. Investors remained focused on the upcoming employment data for cues on inflation and the central bank's interest rate outlook. Macquarie Group also remained in focus after announcing a leadership transition, while rising gold and oil prices lifted mining and energy stocks. Market sentiment was further supported by gains in major banks and listed property companies.Read more

25 Jul 2026

Vietnam's State Treasury raised USD 232 million through its weekly government bond auction, marking a notable improvement from the previous week's auction as investor participation strengthened. The auction recorded a higher subscription rate, with nearly half of the bonds offered being sold. Strong demand was seen for five-year and 10-year bonds, while longer and shorter-tenure securities received limited interest. The government continues to rely on bond issuances to meet its annual fundraising target, with more than one-third of the planned amount already mobilised this year.Read more

25 Jul 2026

Hybrid-electric aircraft startup Electra has announced an investment of USD 850 million to establish a manufacturing facility in Springfield, Ohio, to produce its nine-passenger EL9 hybrid-electric aircraft. The project is expected to generate 1,975 jobs and support production of up to 400 aircraft annually in its initial phase. The company is progressing through U.S. regulatory certification and is targeting commercial service by 2030. Backed by investors including Honeywell Aerospace, Safran and Lockheed Martin Ventures, Electra aims to expand regional air connectivity through its short take-off and landing aircraft.Read more

24 Jul 2026

AvalonBay Communities has suspended its full-year earnings outlook following its pending merger with Equity Residential, while reporting mixed financial results for the second quarter. The company's core funds from operations improved slightly on a year-on-year basis, supported by growth in same-store residential revenue. However, diluted earnings declined compared to the previous year. The company also highlighted a challenging operating environment, with elevated interest rates and tariff-related uncertainty affecting consumer confidence and slowing demand for new residential leases. The proposed merger is expected to create one of the world's largest listed residential rental companies.Read more

24 Jul 2026

Equity Residential has suspended its full-year earnings outlook following its planned merger with AvalonBay Communities, while reporting a modest increase in second-quarter funds from operations (FFO) that exceeded analysts' estimates. The company also raised its full-year same-store net operating income (NOI) growth guidance after recording higher occupancy, strong lease renewals and improved rental revenue during the quarter. Despite continued pressure from elevated interest rates, the apartment REIT maintained positive operating performance, supported by resilient demand and limited housing supply across its key markets.Read more

24 Jul 2026

The European Investment Bank (EIB) Group has selected Nextensa’s Treemont development in Brussels as the future home of its Permanent Representation in the city. The relocation is planned for the second quarter of 2028 and marks a long-term office commitment in Brussels' European district. Treemont is being developed as a timber-framed, carbon-neutral office building with a strong focus on sustainability and modern workplace standards. The move highlights the growing demand for environmentally efficient office spaces among major European institutions.Read more

24 Jul 2026

Aljazira REIT has renewed the lease agreement for Warehouse No. 2 in Block No. 10, also known as the Second Compound, extending the tenancy for another three years. The renewed contract carries an annual rental value of SAR 1.4 million, excluding VAT. The renewal reflects the REIT's continued focus on maintaining occupancy across its income-generating assets and ensuring stable rental income from its logistics and industrial property portfolio. Warehouse assets have remained an important segment for REITs amid sustained demand for storage and distribution facilities.Read more

24 Jul 2026

A consortium backed by BlackRock and Abu Dhabi investment fund MGX has committed an additional USD 5 billion in growth capital to Aligned Data Centers after completing its USD 40 billion acquisition of the US-based data centre operator from Macquarie Asset Management. The investment forms part of the consortium's broader strategy to expand digital infrastructure supporting artificial intelligence (AI) and cloud computing. Aligned Data Centers currently operates or is developing 51 data centre campuses with more than 6.4 gigawatts (GW) of operational and planned capacity globally. The consortium plans to deploy USD 30 billion in equity initially, with total investments potentially reaching USD 100 billion, including debt.Read more

24 Jul 2026

Singapore has launched a new green government infrastructure bond, aiming to raise between SGD 2.1 billion and SGD 2.6 billion (around USD 2 billion) to finance eligible long-term infrastructure projects. The 20-year bond, issued by the Monetary Authority of Singapore (MAS) on behalf of the government, is being offered to both retail and institutional investors. The proceeds will support projects under the country's Green Bond Framework, reinforcing Singapore's efforts to fund sustainable infrastructure while expanding its green financing programme through the domestic capital market.Read more