Arup and Obermeyer GmbH & Co. Kg have secured a masterplanning contract from Autobahn GmbH to redesign the A3/A1 motorway junction in Leverkusen. As one of Germany's oldest and busiest interchanges, the site will undergo extensive modernisation to ease congestion. The joint venture project features key civil engineering works, including a new one-kilometre bridge near the BayArena, while maintaining continuous traffic flow during construction.
ExxonMobil Mozambique Limitada has awarded a Letter of Intent to the SMDC joint venture for the midstream execution of the Rovuma LNG Phase 1 project. Comprising McDermott, Saipem, Daewoo Engineering & Construction and CPECC, the consortium will perform initial design, procurement and constructability tasks. The $18.6\text{ million tonne}$ per year facility targets a Final Investment Decision in 2026, ahead of scheduled 2031 commercial operations.
DP World is expanding its UK logistics footprint by taking over six contract logistics facilities from GXO Logistics. The deal includes over two million square feet of warehousing capacity and transfers 2,000 employees. Triggered by a Competition and Markets Authority requirement following GXO’s purchase of Wincanton, the acquisition strengthens DP World's national supply network across ambient, chilled and frozen storage for major British grocers.
Tether has announced a partnership with First Data and BKN301 to deploy its Hadron asset-tokenisation platform in Saudi Arabia. The collaboration will focus on converting institutional-grade real estate into digital tokens. First Data will act as the commercial lead and primary market operator, while BKN301 provides operational and banking integration support. The project supports Saudi Arabia's Vision 2030 objectives by increasing liquidity and broadening property investment access.
ESR has exercised an upsize option on its sustainability-linked refinancing facility after beating its initial US$2 billion target due to high demand from international lenders. The five-year multi-currency loan facility consolidates existing debts and supports expansion across Asia-Pacific logistics real estate, data centres and energy infrastructure. The move follows US$1.1 billion in net debt repayments completed in 2025 as part of ongoing deleveraging plans.
CapitaLand Ascott Trust has agreed to acquire Coliwoo Midtown in Singapore for S$134.0 million, funded by proceeds from its divestment of The Robertson House. The transaction offers a 4.1% EBITDA yield and is expected to raise Distribution per Stapled Security by 2.4%. Completing in 4Q 2026, the deal includes a 10-year triple-net master lease, expanding CLAS' living sector portfolio to 19.5% of total value.
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