Dubai Investments reports 59% surge in nine-month profit, driven by real estate and manufacturing

DUBAI: Dubai Investments, a leading diversified investment company, announced Thursday that its profit before tax surged 59% for the first nine months of 2025, citing strong performance in its real…

NNR November 14, 2025

Business & Finance

What a Zohran Mamdani mayoralty would mean for NY business

Zohran Mamdani’s NYC Win Signals Progressive Economic Shift with National Implications Zohran Mamdani is a prominent figure in New York's progressive left, and his election would represent a seismic shift…

Ali Mirza November 5, 2025

London Stock Exchange

abrdn European Logistics sells three Polish warehouses for €84 million as wind-down advances

LONDON: abrdn European Logistics Income plc, a firm invested in European logistics real estate, announced Monday it has completed the sale of three multi-let warehouse estates in Poland for approximately €84…

NNR November 3, 2025

Business & Finance

Young Germans are investing in stocks and ETFs instead of real estate

BERLIN: A profound generational shift is underway in Germany, a nation long known for its conservative financial habits and a deep-seated love for Betongold (concrete gold), or real estate. The newest generation…

Chenos Kahn October 15, 2025

London Stock Exchange

Watkin Jones sells major Glasgow student housing project in £182 million joint venture

LONDON: British residential developer Watkin Jones Group has agreed to sell a newly developed, 784-bed student accommodation scheme in Glasgow to a joint venture predominantly owned by Maslow Capital, the…

NNR September 30, 2025

Business & Finance

What to Invest in Right Now? Panning for Future in 2025

Planning for the future is always a difficult thing to do. If we aren't sure what will happen in twenty months, we can hardly imagine what will happen with investments…

NNR September 18, 2025

Australian Exchange

CSR to sell Badgerys Creek Property for A$575 million

SYDNEY: CSR Ltd. has entered into a binding agreement to sell its Badgerys Creek property, located adjacent to the new Western Sydney Airport, for A$575 million (approximately €320 million), the…

NNR August 20, 2025

London Stock Exchange

Unite Group to acquire Empiric Student Property Plc in £723 million deal

LONDON: The Unite Group PLC, the UK's largest provider of purpose-built student accommodation (PBSA), has reached an agreement to acquire rival Empiric Student Property PLC for approximately £723 million in…

Bernice Miles August 14, 2025

Wire

Douglas Emmett swings to Q2 loss, announces plan for major office-to-residential conversion

REIT reports higher revenue but lower funds from operations, narrows 2025 guidance Douglas Emmett Inc. (DEI.N) on Wednesday reported a net loss of $6 million for the second quarter of…

NNR August 6, 2025

Wire

Five Point Holdings Appoints Mike Alvarado as Chief Operating Officer

Five Point Holdings, LLC (NYSE:FPH), a leading developer of large mixed-use planned communities in coastal California, has announced the appointment of Mike Alvarado as its Chief Operating Officer, effective immediately.…

NNR March 2, 2024

Euronext

Icade unveils its new strategic plan ReShapE for 2024-2028

AMSTERDAM: Icade, a leading French real estate company, has announced its new strategic plan ReShapE for 2024-2028 at its Investor Day in the Paris Orly-Rungis business park. The plan aims…

Chenos Kahn February 19, 2024

MENA

Union Properties posts record net profit of AED 811 million in 2023

DUBAI: Union Properties PJSC (UPP) announced its preliminary financial results for the fiscal year 2023, registering a record net profit of AED 811 million, up by 2607% from 2022. The…

NNR February 15, 2024