17 Nov 2025

British builder Persimmon posted a 15 per cent rise in its forward sales position, reaching GBP 2.79 billion (USD 3.74 billion), driven by more sales outlets and support-measures such as lower deposits and competitive pricing. During the period from July 1 to November 2, the net private sales rate per outlet per week climbed to 0.76 from 0.70 a year earlier. Private forward sales also climbed 15 per cent to GBP 2.09 billion. The firm introduced a second shared-equity product, 'Rezide', alongside its existing New Build Boost scheme. It flagged some market softening since summer amid budget-related uncertainty but remains on track to deliver 2025 profit and home completion targets.Read more

17 Nov 2025

Swedish real-estate group Samhällsbyggnadsbolaget i Norden AB (SBB) has agreed to sell its social-infrastructure portfolio about 740 properties across Sweden, Norway, Denmark and Finland for 32 billion Swedish crowns (roughly USD 3.40 billion) to Oslo-listed Public Property Invest ASA (PPI). SBB expects to receive net cash of more than 11 billion Swedish crowns and plans to use this to redeem bonds and reduce debt. The transaction is expected to close in late 2025 or early 2026, and will make PPI Europe's largest listed social-infrastructure platform.Read more

17 Nov 2025

Presidio Property Trust's Q3 revenue declined to USD 4.2 million, impacted by the sale of two properties earlier this year, while net loss improved to USD 1.9 million from USD 6.6 million last year. Reduced commercial rental income drove the revenue fall, but cost management, including lower bonuses and stock compensation, limited losses. Slightly higher resale activity due to easing mortgage rates exceeded expectations, indicating improving market conditions. The company remains cautiously optimistic about future demand and is evaluating acquisition opportunities to selectively expand its property portfolio.Read more

17 Nov 2025

Northwest Healthcare Properties REIT posted a 2.6% year-on-year decline in third-quarter 2025 revenue from investment properties to CAD 104.3 million, mainly due to the sale of non-core assets. However, the company recorded a strong turnaround in profitability, reporting a net income of CAD 31.17 million against a loss in the same period last year. Adjusted funds from operations (AFFO) per unit rose to CAD 0.11 from CAD 0.09, supported by cost reductions, higher same-property growth, and a stronger operational focus across key markets.Read more

16 Nov 2025

The UK has named Wylfa in North Wales as the location for its first small modular reactor (SMR) nuclear power station, advancing its nuclear expansion plans despite US criticism. Funded with 2.5 billion pounds (USD 3.36 billion), the SMRs are designed to be faster and cheaper than traditional plants, supplying power for 3 million homes and creating 3,000 jobs locally. The government has also opened the door for a future large-scale nuclear plant, with GB Energy-Nuclear seeking a site by autumn 2026, while Hinkley Point C and Sizewell C continue construction.Read more

16 Nov 2025

SmartCentres REIT reported a slight fall in Q3 net rental income to CAD 141.3 million, affected by lower residential sales, with FFO per unit decreasing to CAD 0.59 from CAD 0.71 last year. Despite this, strong lease renewals drove 8.4% rental growth excluding anchors, and occupancy remained high at 98.6%. The company is expanding its portfolio with residential projects and two self-storage facilities in Quebec expected to open in 2026. Analysts maintain a cautious stance, while the REIT anticipates continued rental growth for the rest of 2025.Read more

16 Nov 2025

Saudi Arabia's fully state-owned Al Balad Development Company (BDC) has introduced a USD3.6 billion investment portfolio designed to boost the hospitality sector in the historic Al Balad district of Jeddah. The initiative plans to deliver more than 3,300 hotel units ranging from mid-scale to luxury segments over the period from 2025 to 2038, using flexible models including public-private partnerships, investment funds and joint ventures. This move aligns with the broader national aim under Vision 2030 to diversify the economy away from oil by promoting tourism and hospitality. Historically, BDC was established by the Public Investment Fund (PIF) to transform Al Balad into a global cultural and heritage destination.Read more

16 Nov 2025

Inovalis Real Estate Investment Trust (REIT) posted a slight rise in net rental income (NRI) for the third quarter, supported by exchange rate gains and the addition of a new tenant at its Duisburg property. However, adjusted funds from operations (AFFO) remained negative due to higher capital expenditure and tenant improvement costs. The trust continues to face lower occupancy because of strategic vacancies, with plans focused on debt reduction, asset monetisation, and the completion of the Arcueil property sale in the second half of 2026.Read more

16 Nov 2025

Nexus Industrial REIT reported a 1.1% year-on-year decline in net operating income (NOI) for the third quarter, mainly due to property sales as part of its capital recycling program. The dip was partly offset by a 2.9% increase in industrial same-property NOI, which reached CAD 29.5 million. The REIT completed two new development projects expected to generate CAD 6.6 million in annual stabilized NOI. It now forecasts about 3% same-property NOI growth for 2025, lower than the earlier mid-single-digit estimate, reflecting a cautious outlook amid ongoing portfolio transitions.Read more

16 Nov 2025

Anthropic, the AI startup behind Claude models, is set to invest USD 50 billion in U.S. data centers, beginning with Texas and New York and expanding further in the future. The project will create 800 permanent and 2,400 construction jobs as operations commence throughout 2026. Supported by Google's parent Alphabet and Amazon, Anthropic aligns its expansion with national AI priorities, reinforcing U.S. leadership in artificial intelligence. Founded by ex-OpenAI staff, the company serves over 300,000 enterprise clients and is valued at USD 183 billion.Read more