Real estate
El Obour Real Estate Investment, a prominent player in Egypt's real estate sector, has continued its upward trajectory on the Egyptian Exchange (EGX) as of April 13, 2025. The company has seen its stock price rise to EGP 12.51, representing a year-to-date price change of 42.97%
Commercial real estate
The largest merger of the year, between LXI REIT and Londonmetric Property, marked the beginning of a frenzy of consolidation in the real estate investment trust (REIT) market, with £2.5bn of equity issuance, £3bn of mergers, and £2bn of take-private deals taking place in 2024. Despite this activity, a
Real estate industry
The Employees Provident Fund Board, a Malaysia-based pension fund, has recently increased its stake in the Pavilion Real Estate Investment Trust. According to a statement made to the Bursa Malaysia Stock Exchange, the fund acquired a total of 457,300 units in the trust, bringing its direct interest to 444,
Real estate industry
Legal & General, a leading investment group, has entered into a significant partnership with Taurus Investment Holdings, a US-based real estate investment firm. The deal, which involves a $200 million investment, is a strategic move to accelerate Legal & General's expansion into private markets and reduce its reliance
Real estate industry
The Employees Provident Fund Board has acquired a significant number of units in Pavilion Real Estate Investment Trust (REIT), increasing its stake in the company. According to a recent filing with Bursa Malaysia Stock Exchange, CITIGROUP NOMINEES (TEMPATAN) SDN BHD, acting on behalf of the Employees Provident Fund Board, acquired
Real estate industry
The Pakistan Stock Exchange has released the latest data on Globe Residency REIT, showcasing its steady performance in the first half of 2024. As of October 23, the share rate stands at Rs. 13.65 with a daily weighted average rate of Rs. 13.70. With a paid-up capital of
Real estate industry
Dolmen City REIT, a prominent real estate investment trust listed on the Pakistan Stock Exchange (PSX), has showcased remarkable financial performance and distribution growth in 2023. As of the latest available data, the trust recorded a trading rate of Rs. 19.98 with a daily weighted average rate of Rs.
Real estate industry
Tigere Real Estate Investment Trust (REIT) delivered a robust performance in the third quarter of 2024, with strong occupancy rates and income benefits from the acquisition of Highland Park Phase 2. The Trust's property manager, speaking on behalf of Brett Abrahamse, attributed the positive results to the newly
Real estate industry
The Employees Provident Fund Board ("EPF Board") has made significant changes to its holdings in IGB Real Estate Investment Trust. On October 11, 2024, Citigroup Nominees (Tempatan) Sdn Bhd, acting on behalf of the EPF Board, acquired 660,000 units in the trust, while also disposing of 353,
Real estate industry
Globe Residency REIT, a prominent real estate investment trust listed on the Pakistan Stock Exchange, has unveiled its financial distributions for the upcoming years, showcasing a steady growth in shareholder returns. As of October 18, 2024, the company's stock price was trading at Rs. 13.30, with a
Real estate industry
The Employees Provident Fund Board (EPF Board) has made a substantial change in its securities holdings in IGB Real Estate Investment Trust. As of 08 October 2024, the EPF Board has acquired 84,800 units and disposed of 1,356,600 units, resulting in a total of 382,468,015
Real estate industry
The Employees Provident Fund Board, a prominent Malaysian pension fund, has expanded its stake in Pavilion Real Estate Investment Trust (REIT) through two notable transactions. On October 7, 2024, the fund, represented by Citigroup Nominees (Tempatan) Sdn Bhd, acquired 172,800 units directly and 200,000 units indirectly through its
