24 Oct 2025

Dubai-based Property Finder has raised USD 250 million in debt financing from Ares Management to accelerate its growth in the Middle East. The funds will support product development, AI-driven solutions, marketing, and strategic partnerships, according to CEO Michael Lahyani. The platform, operating for nearly two decades, competes with Dubizzle and Bayut. The new funding comes after USD 90 million from Francisco Partners last year and a USD 525 million minority stake acquisition by Permira and Blackstone last month, highlighting ongoing investor confidence in Dubai's real estate sector.Read more

24 Oct 2025

Beta Technologies, a Vermont-based electric aircraft manufacturer, is preparing for a US IPO with a valuation of around USD 7.22 billion. The company plans to issue 25 million shares priced between USD 27 and USD 33, aiming to raise up to USD 825 million. Despite reporting a net loss of USD 25.57 per share for the first half of the year, Beta has attracted strong interest from cornerstone investors, including Alliance Bernstein, BlackRock, Ellipse, GE Aerospace, and Federated, who may acquire up to USD 300 million in shares. The IPO will list on the NYSE under the ticker "BETA."Read more

23 Oct 2025

Citi has appointed Roberto Costa and Federico Monguzzi as co-heads of its investment banking division in Italy. Costa, who currently heads Luxury Investment Banking at Citi, will expand his responsibilities to cover the overall investment banking business in the country. With 25 years of experience advising luxury and lifestyle sector clients, he joined Citi in 2017 from Mediobanca. Monguzzi, Head of Real Estate Investment Banking for the UK, Europe, and the Middle East, will now take on an additional role in Italy. He joined Citi in 2014 from Credit Suisse. Both will report to Patrick Frowein, Head of Europe Investment Banking at Citi.Read more

23 Oct 2025

Hong Kong-based conglomerate Jardine Matheson recently announced that it would acquire the remaining shares of Mandarin Oriental that it does not already own, valuing the luxury hotel and management firm at about USD 4.2 billion. The 193-year-old group stated that full ownership would enable it to enhance Mandarin Oriental's growth and streamline its portfolio. The deal coincides with Mandarin Oriental's agreement to sell the top floors of its One Causeway Bay tower in Hong Kong to Alibaba Group and Ant Group for USD 925 million.Read more

23 Oct 2025

Meta Platforms is finalizing a record-setting financing package of nearly USD 30 billion for its Hyperion data center in Richland Parish, Louisiana. The project will be co-owned with Blue Owl Capital, while Meta retains a 20% stake. Morgan Stanley has structured the deal through a special purpose vehicle, raising over USD 27 billion in debt and around USD 2.5 billion in equity. Meta will develop, operate, and occupy the facility, expected to be completed by 2029. Alongside this, Meta recently announced a USD 1.5 billion investment in a new data center in El Paso, Texas, further expanding its AI-focused infrastructure globally.Read more

22 Oct 2025

First Industrial Realty reported a robust third-quarter profit, driven by active leasing and higher rental rates, even though revenue slightly fell short of analyst expectations. Funds from operations (FFO) per share rose to USD 0.76 from USD 0.68 year-over-year, prompting the company to raise its 2025 NAREIT FFO guidance to USD 2.94-2.98 per share/unit. Year-end occupancy is expected between 94% and 96%, with same-store net operating income projected to grow 7-7.5%. Leasing highlights included 772,000 sq. ft. of new agreements, strong rental rate increases, and growing tenant interest in key markets such as Phoenix and South Florida.Read more

22 Oct 2025

China recently imposed sanctions on U.S. affiliates of South Korean shipbuilder Hanwha Ocean, aiming to influence South Korea's cooperation with Washington. The sanctions prohibit business transactions and partnerships with five U.S.-linked Hanwha entities, including Philly Shipyard, which repairs U.S. Navy ships and builds U.S.-flagged LNG carriers. The U.S. State Department described China's move as an attempt to interfere with private companies and disrupt U.S.-South Korea collaboration in shipbuilding and manufacturing. South Korea has committed up to USD 150 billion to support U.S. shipbuilding as part of trade negotiations to reduce import duties on South Korean goods.Read more

22 Oct 2025

Singapore is expected to maintain its monetary policy as domestic growth remains solid despite a slowdown in exports caused by U.S. tariffs. Strong construction activity, fiscal support, and low interest rates have mitigated external pressures, while sectors such as retail, property, hospitality, and banking show resilience. The government recently upgraded the 2025 GDP growth forecast to 1.5%-2.5%. MAS manages policy via the S$NEER rather than interest rates, and inflation remains low. Tariffs on pharmaceuticals and global trade dynamics continue to pose challenges.Read more

22 Oct 2025

Real estate tokenization is transforming how properties are bought and owned by turning property rights into digital tokens representing fractional ownership. It allows investors to buy smaller shares in real assets, improving accessibility and liquidity. Dubai has taken the lead by developing a full regulatory structure under the Virtual Assets Regulatory Authority (VARA), the Dubai Financial Services Authority (DFSA), and the Dubai Land Department (DLD). DLD's pilot to tokenize title deeds, along with platforms such as Prypco Mint, shows how blockchain is being used in real transactions, attracting international investors and strengthening Dubai's position as a global innovation hub for real estate.Read more

22 Oct 2025

Prologis, a leading U.S.-based logistics and warehouse real estate trust, reported stronger-than-expected third-quarter results, posting a core FFO of USD 1.49 per share against forecasts of USD 1.44. Revenue reached USD 2.21 billion, surpassing market estimates. The company signed leases for a record 62 million square feet, fuelled by importers accelerating shipments ahead of upcoming U.S. tariffs. Prologis raised its 2025 earnings outlook to USD 5.78-5.81 per share. CEO Hamid Moghadam highlighted the sector's strong outlook for rent and occupancy growth. With operations across 20 countries, Prologis remains well-positioned to lead the industrial property market amid growing global logistics demand.Read more