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28 Jul 2026
Sport Clubs Company SCJSC has signed a land lease agreement to establish two new sports clubs in Khamis Mushait, marking another step in its network expansion. The contract is valued at SAR 22.8 million. The development is expected to strengthen the company's presence in the region by adding new fitness and sports facilities. The agreement aligns with the company's ongoing growth strategy as it continues to expand its footprint across Saudi Arabia to cater to rising demand for organised fitness and wellness services.Read more
28 Jul 2026
Seven Hills Realty Trust has closed a USD 24.3 million first mortgage loan to refinance Kimball on Main, a retail property in Park City, Utah. The asset is located in the city's historic Main Street shopping district and benefits from steady tourist activity, strong tenant demand and limited scope for new development due to zoning restrictions. The loan carries a three-year initial tenure with two one-year extension options, subject to conditions. The transaction also reflects the REIT's continued focus on financing income-generating commercial real estate in established markets.Read more
28 Jul 2026
A new report by the Resolution Foundation has urged the UK government to adopt a revised funding and policy approach to achieve its goal of delivering the largest council and social housing programme since the Second World War. The think tank has recommended directing the government's long-term housing funding exclusively towards social rent homes, easing social housing obligations for private developers during weak market conditions, and offering low-cost loans to housing associations. It said these measures could modestly increase the supply of low-rent homes, although significantly higher public investment would still be required to address the country's housing shortage.Read more
28 Jul 2026
Sri Lanka's stock market closed marginally higher after gains in information technology and real estate stocks lifted investor sentiment. The CSE All-Share Index advanced 0.24%, while SMB Finance PLC and Carson Cumberbatch PLC emerged as the top gainers. Despite the positive close, trading activity declined sharply, with both share volumes and market turnover falling from the previous session. Foreign investors remained net sellers, whereas domestic investors continued to support the market through net purchases, according to exchange data.Read more
28 Jul 2026
Digital Realty Trust has raised its full-year adjusted funds from operations (FFO) and revenue forecast after reporting strong second-quarter results, supported by sustained demand for data centres from cloud and artificial intelligence (AI) customers. The real estate investment trust (REIT) recorded higher revenue and earnings that exceeded market estimates, reflecting continued leasing momentum. The company is also expanding its footprint through strategic investments, including a USD 3.5 billion deal to increase its stake in data centres in Northern Virginia, one of the world's largest data centre markets.Read more
28 Jul 2026
Equities have surpassed real estate as the largest contributor to US household wealth for the first time since World War II, according to a Goldman Sachs report. The investment bank said strong stock market gains, particularly since the global financial crisis, have significantly increased household exposure to equities, with technology stocks playing a major role. While this shift has supported consumer spending through rising wealth, Goldman cautioned that higher equity exposure also increases the risk of financial losses if markets witness a sharp correction amid elevated valuations and economic uncertainty.Read more
28 Jul 2026
Protests against a proposed luxury resort linked to Jared Kushner intensified in Albania after demonstrators clashed with police outside Parliament. Authorities used water cannons and tear gas after protesters threw eggs and bottles during demonstrations that have continued for nearly two months. Activists claim the project threatens a protected wetland and reflects wider governance concerns, while the government has dismissed the movement as politically motivated. The controversy has also drawn attention after reports of an investigation into land transactions connected to the project, although those involved have denied any wrongdoing.Read more
27 Jul 2026
Miramar Hotel and Investment Co Ltd has entered into a joint venture to acquire a 50% interest in the MPM Plaza property. The company said the joint venture was formed over the past week, with the total capital requirement for the venture expected to be HKD 400 million. The funding will be contributed equally by both partners in a 50:50 ratio. The transaction is part of the company's property investment strategy and expands its presence in the real estate sector through a jointly owned commercial asset.Read more
27 Jul 2026
Morgan Stanley Real Estate Investing (MSREI) has expanded its presence in the European logistics sector by acquiring a portfolio of five fully leased logistics assets across key French markets. Spread across Paris, Lille, Bordeaux, Nîmes and Tours, the portfolio covers nearly 160,000 square metres and will be managed with a long-term value creation strategy. FIRE Asset Management has been appointed as the operating partner. The acquisition reflects MSREI's continued focus on industrial and logistics real estate, supported by strong occupier demand and favourable market fundamentals in France.Read more
27 Jul 2026
Blackstone is planning to establish an office at Dubai International Financial Centre (DIFC), marking its return to Dubai after relocating its regional base to Abu Dhabi in 2019, according to sources. The move is expected to strengthen the world's largest alternative asset manager's presence across the Gulf as it expands its focus on private wealth and regional investments. The company is expected to retain its Abu Dhabi office while increasing its presence in Dubai, which has emerged as a major financial hub attracting global investment firms, family offices and high-net-worth individuals.Read more