30 Apr 2026

Forvia has agreed to sell its car interiors business to Apollo Funds in a deal valued at EUR 1.82 billion (USD 2.13 billion). The division contributed around 18% of the company’s revenue in 2025. The transaction is expected to close by the end of the year and will help reduce Forvia’s net debt by at least EUR 1 billion. Alongside the deal, the company has also announced a leadership change, with Michel de Rosen stepping down as board chair and Pierre André de Chalendar set to take over following the annual general meeting on June 4.Read more

30 Apr 2026

Uganda’s parliament has cleared a 16% higher national budget of UGX 84.4 trillion (USD 22.7 billion) for the 2026–27 fiscal year, signalling a strong push towards infrastructure and economic expansion. A large portion of the spending will be supported by tax revenues and domestic borrowing, while key investments include a EUR 2.7 billion (USD 3.2 billion) railway and a toll road project. The government is also preparing for crude oil production, which is expected to boost growth significantly. The final budget presentation, along with revenue measures, is scheduled for early June.Read more

29 Apr 2026

A group of US low-cost airlines, including Frontier and Avelo, has proposed a USD 2.5 billion government support package to offset rising jet fuel costs. The request, which involves issuing equity-linked warrants, comes as fuel prices remain elevated and continue to pressure airline margins. Discussions with US aviation authorities are ongoing. The move also follows broader stress in the aviation sector, with potential support being considered for Spirit Airlines. The situation reflects lingering financial strain on budget carriers, similar to earlier industry challenges seen during the COVID-19 period.Read more

29 Apr 2026

CTP has secured a long-term lease extension with German mail order company Walz for a 46,000 sqm facility in Bad Waldsee, strengthening its presence in the country’s logistics and industrial real estate segment. The 15-year agreement reflects continued demand for stable, long-term occupancies across Europe’s logistics market. CTP, known for its portfolio of business parks across Central and Eastern Europe, has been focusing on tenant retention and long-term contracts to ensure steady income. The deal also highlights the resilience of Germany’s logistics sector, which continues to attract institutional investors and occupiers.Read more

29 Apr 2026

Oman has entered into multiple investment agreements exceeding USD 519 million to develop industrial projects across key economic zones. The investments will be spread across Duqm Special Economic Zone, Salalah Free Zone, and Khazaen Economic City. The projects include manufacturing units for electric vehicle batteries, steel, cement, pipes, adhesives, tile processing, and a pharmaceutical warehouse. This move aligns with Oman’s broader strategy to diversify its economy beyond oil and strengthen its industrial and logistics capabilities through targeted infrastructure development.Read more

29 Apr 2026

Biovestor Aktiebolag, an investment firm controlled by the chairman of Avanza Bank and his family, has increased its holding in the bank by purchasing shares worth SEK 34.8 million. The transaction, disclosed through Sweden’s financial regulator Finansinspektionen, reflects continued promoter confidence in the bank’s performance. Avanza Bank, a key player in Sweden’s digital banking and investment platform space, has seen steady investor interest in recent years. Such insider buying activity is often viewed as a positive signal, indicating long-term commitment from key stakeholders and confidence in the company’s growth outlook.Read more

29 Apr 2026

Palm Hills Development Company has outlined its sales target for the Ras Al Hikma project, which is being developed in partnership with Miran Real Estate Development. The company expects initial sales to reach around EGP 750 billion, indicating the large scale of the coastal development. Ras Al Hikma has recently gained attention as a key investment zone in Egypt, with multiple developers exploring opportunities in the region. The project is expected to contribute significantly to Palm Hills’ portfolio and aligns with broader efforts to boost real estate activity along Egypt’s Mediterranean coast.Read more

29 Apr 2026

Caldic, a global chemicals distributor backed by Advent International, is under investigation in Brazil over its alleged role in a large methanol diversion network linked to the First Capital Command (PCC). Authorities are examining whether the company’s supplies were used in a multibillion-dollar fuel fraud operation involving adulterated fuel sales. While no direct involvement of management has been established, regulators have flagged compliance gaps, unusual shipment patterns, and missing cargoes. The company has denied wrongdoing and said it is cooperating with authorities, while Brazil’s fuel regulator continues its parallel administrative probe.Read more

29 Apr 2026

Keihanshin Building Co Ltd has received a shareholder proposal from Strategic Capital and other investors regarding the acquisition of treasury stock from specific shareholders. The proposal reflects ongoing investor interest in capital allocation and corporate governance practices within Japanese real estate firms. While detailed terms were not disclosed, such proposals typically aim to improve shareholder returns and optimise balance sheet efficiency. The development comes amid a broader trend of activist investor engagement in Japan’s property sector, where companies are increasingly being pushed to unlock value and enhance transparency in financial decisions.Read more

29 Apr 2026

Swedish property investment platform NestFrame has agreed to acquire Stockholm-based co-living operator CoLive for an undisclosed amount. CoLive manages shared living spaces and has expanded from 400 to 1,350 units during the year. Following the deal, NestFrame plans to strengthen its focus on partnerships with similar operators across Europe, particularly in Germany and Spain. The company views CoLive as a strong regional operator with steady execution and growth potential. The transaction reflects rising demand for co-living models, especially among young professionals facing affordability challenges in major European housingRead more