07 Jan 2026

Swiss building materials company Holcim has completed its purchase of Alkern, a French precast concrete manufacturer with about 1,000 employees and over 50 production sites in France and Belgium, which reported estimated net sales of around EUR 250 million in 2025. The deal strengthens Holcim's building solutions portfolio, offering products used in infrastructure, industrial and building projects. The acquisition is expected to be earnings accretive from the first year and generate operational synergies by the third year, supporting Holcim's strategic goal of deriving half of its sales from building solutions by 2030.Read more

07 Jan 2026

Heavy snowfall in the Paris region disrupted air travel over the past week, leading France's civil aviation authority to instruct airlines to cancel around 15% of flights at Paris Charles de Gaulle and Paris Orly airports. The measure was introduced to manage runway conditions, aircraft de-icing, and overall safety during deteriorating weather. Airlines were allowed to decide which services to cancel. Passengers were advised to check flight updates and rely on public transport. Similar weather-related disruptions were also reported at major European airports, including Amsterdam's Schiphol.Read more

07 Jan 2026

Aedifica has invested nearly EUR 110 million across six care properties in Europe, including new developments in Ireland and acquisitions in Germany, Belgium, and the Netherlands. These properties, accommodating 557 residents, offer yields between 6% and 7% and are highly energy-efficient. The investments form part of Aedifica's EUR 293 million total for 2025, surpassing its original target. With long-term leases ranging from 15 to 30 years and collaborations with experienced operators, these projects reinforce the company's healthcare real estate portfolio and sustainability strategy.Read more

07 Jan 2026

WDP has acquired a fully leased prime logistics site in the Port of Le Havre from AG Real Estate France for around EUR 58 million. The site includes two Grade A buildings and a container storage area, fully leased to Seafrigo until 2033. In addition, WDP sold a vacant logistics asset in Liège for about EUR 35 million. This move reflects WDP’s expansion under its BLEND2027 strategy, strengthening its presence in France and highlighting the strategic role of well-located logistics assets along key European corridors with high demand and limited supply.Read more

06 Jan 2026

Oriental Interest Bhd has revealed that Myra Land, its subsidiary, will acquire a leasehold land parcel for 80.8 million RGT. The move is aimed at expanding the company's property portfolio and creating future development opportunities. The acquisition is subject to regulatory approvals and customary conditions. Historically, the company has engaged in similar strategic purchases to strengthen its market position, and this latest transaction aligns with broader trends in the property sector.Read more

06 Jan 2026

Dubai's real estate market concluded 2025 on a historic high, recording its strongest performance on record with 215,700 property transactions valued at AED 686.8 billion. A robust December capped the year, reflecting sustained investor confidence, strong end-user demand and healthy activity across residential, commercial and land segments. Both primary and secondary markets contributed to the momentum, supported by rising prices, increased project deliveries and steady new launches. Apartments, villas and commercial assets all posted notable growth, while developers responded with accelerated supply. The record-breaking year reinforces Dubai's position as a leading global real estate investment destination heading into 2026.Read more

06 Jan 2026

Minto Apartment Real Estate Investment Trust has agreed to be taken private in an all-cash transaction valued at approximately USD 2.3 billion, including debt. The acquisition will be carried out by an affiliate of Crestpoint Real Estate Investments along with an affiliate of Minto Group, the REIT's parent. Under the deal, unitholders will receive USD 18 per unit in cash, representing a 32 percent premium to the REIT's last closing price. The transaction has received unanimous approval from the board and an independent committee, with unitholder approval expected in March 2026. The deal is targeted for completion in the second half of 2026.Read more

05 Jan 2026

Saudi Arabia has approved its 2026 borrowing plan with total financing needs of USD 57.86 billion, aimed at covering a projected fiscal deficit and upcoming debt repayments. The plan supports the next stage of Vision 2030, which focuses on strengthening the impact of earlier reforms. Funding will come from a mix of domestic and international debt markets, alongside a larger contribution from private financing. The government is also realigning investments away from delayed real estate projects toward logistics and religious tourism.Read more

05 Jan 2026

Hong Kong's retail sales grew 6.5% year-on-year in November, extending gains for the seventh straight month as consumer sentiment and tourism activity continued to recover. Total sales reached HKD 33.7 billion, or about USD 4.33 billion, while volume growth stood at 4.4%. Visitor arrivals rose sharply, led by travellers from mainland China, supporting demand in key retail segments. However, cumulative figures for the first 11 months of 2025 showed only marginal value growth and a decline in volume, indicating a gradual and uneven recovery.Read more

05 Jan 2026

Luxury retailer Saks Global has announced that chief executive officer Marc Metrick has stepped down, with Executive Chairman Richard Baker taking over the role, as reports suggest the company is preparing for bankruptcy. The leadership change follows recent concerns over missed interest payments linked to debt from the Neiman Marcus merger. Saks Global, formed after Hudson's Bay Company combined Saks Fifth Avenue and Neiman Marcus, has faced challenges from uneven luxury demand and intense competition. Analysts say the merger has struggled to deliver expected benefits, with luxury shoppers increasingly shifting to rival department stores and brand-owned outlets.Read more