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29 Apr 2026
Kuehne+Nagel, the Swiss logistics company, has revised its operating profit outlook slightly upward after reporting a strong start to the year across air freight, road transport, and contract logistics operations. The company attributed the improvement to continued cost discipline and stable performance across its global network. It now expects recurring earnings before interest and taxes to be between 1.25 billion and 1.40 billion Swiss francs, compared with its earlier projection that started at 1.2 billion Swiss francs. This update comes after it reported an EBIT of 1.24 billion Swiss francs in the previous year, reflecting steady operational resilience in a competitive logistics environment.Read more
28 Apr 2026
PwC Hong Kong will set aside HKD 1 billion (USD 127.7 million) to compensate minority shareholders of China Evergrande after regulatory findings of audit failures. The Securities and Futures Commission (SFC) found that Evergrande’s revenues were significantly overstated in 2019 and 2020, leading to misleading disclosures. The case marks the first instance in Hong Kong where an auditor of a collapsed company is required to compensate investors. Alongside this, PwC faces penalties and restrictions, highlighting tighter regulatory oversight following the developer’s financial collapse.Read more
28 Apr 2026
TotalEnergies has announced an investment of USD 1.2 billion in an onshore wind and battery energy storage project in Kazakhstan. The project, named Mirny, will combine 1 GW of wind capacity with 600 MWh of storage and is designed to supply electricity to around 1 million people. It is planned to reach full capacity by 2029 and will operate under a long-term agreement to sell power to the government. A large part of the funding is being arranged through an international banking consortium, supporting Kazakhstan’s renewable energy targets.Read more
28 Apr 2026
Aldar Properties reported strong initial demand for its Yas Park Place development, with over AED 800 million in sales generated from the launch phase. Around 80% of the released units were sold soon after launch, reflecting continued buyer interest in Abu Dhabi’s residential market. The project is located on Yas Island, a key growth hub known for its lifestyle offerings and infrastructure. The performance aligns with Aldar’s recent trend of high absorption rates across new launches, supported by both end-user demand and investor activity in the UAE’s real estate sector.Read more
28 Apr 2026
Hamad Mohammed Bin Saedan Real Estate has entered into a sharia-compliant Murabaha financing agreement valued at 48 million Saudi riyals, aimed at supporting its expansion plans and ongoing investment requirements. The financing arrangement is structured to strengthen the company’s real estate project development pipeline while ensuring compliance with Islamic finance principles. The agreement reflects continued use of Murabaha-based funding in the Saudi real estate sector, where developers rely on structured financing to manage growth and liquidity. The deal is expected to support upcoming developments and enhance the company’s operational capacity.Read more
28 Apr 2026
Secure Property Development & Investment PLC has updated that it is currently in discussions with Adven Industries regarding a revised repayment structure for an existing EUR 250,000 loan. The update indicates that both parties are reviewing alternative terms to adjust the repayment schedule, though no final agreement has been confirmed yet. The matter relates to an ongoing loan arrangement under the company’s financial obligations. The development reflects continued engagement between the two sides to manage repayment terms in line with current financial considerations and maintain stability in the agreement structure moving forward.Read more
28 Apr 2026
Singapore-based CapitaLand Investment has secured a SGD 2.4 billion (USD 1.9 billion) mandate from Income Insurance to manage the insurer’s directly held real estate portfolio. The mandate covers retail, commercial and industrial assets held both directly and through joint ventures. The assignment strengthens CapitaLand Investment’s role as a key manager for institutional capital in Singapore and supports its broader strategy of expanding across Asia Pacific. The development comes alongside strong transaction activity in 2025 and the current year, reflecting continued capital recycling across asset classes and active deal flow in the region.Read more
28 Apr 2026
Casin Real Estate Development Group Co Ltd, listed on the Shenzhen Stock Exchange under 000838.SZ, has announced that trading in its shares will be suspended on April 24, 2026. The company has stated that the suspension is linked to the implementation of delisting procedures along with additional risk warnings attached to its listing status. Trading is planned to resume on April 27, 2026, after the required procedural steps are completed. The action reflects standard regulatory measures used in the exchange system to manage companies undergoing delisting-related processes and ensure compliance with disclosure requirements.Read more
28 Apr 2026
Crown Castle reported stronger-than-expected site rental revenue for the first quarter, supported by continued demand from telecom operators expanding network capacity. The company recorded USD 961 million in site rental revenue, exceeding market estimates. Growth in mobile data usage and rising demand linked to AI applications have supported leasing activity. The firm is also transitioning to a pure-play tower business after exiting fiber and small cell segments, with closures expected in the first half of 2026. Cost-cutting measures, including workforce reduction, are expected to improve operational efficiency and savings.Read more
28 Apr 2026
Digital Realty Trust has revised its annual revenue and core funds from operations (FFO) outlook upwards, supported by sustained demand for data center infrastructure driven by artificial intelligence adoption. The company saw investor interest rise, with its shares gaining more than 2.5% in extended trading following the update. Growth in cloud computing, AI workloads, and enterprise digital transformation has strengthened occupancy and leasing activity across its global portfolio. The company also reported stable quarterly performance in line with expectations, while its adjusted FFO surpassed estimates, reflecting operational strength and improving demand conditions across key international markets.Read more