Watts Water Technologies Inc., a world leader in water solutions, has successfully purchased Saudi Cast. This strategic purchase was completed on December 1, 2025. It was financed using Watts’ existing cash reserves. Saudi Cast brings annualised sales of about $20 million to Watts. The acquired business will now operate within the APMEA regional segment. The move expands Watts’ operational reach in the Middle East.
Elsewedy Industrial Development has signed a major agreement with Kunming Chuanjinnuo Chemical Co. (CJN) to build a phosphate chemical industries complex in Egypt. The project will be located in Sokhna 360 and involves a total investment of nearly USD 1 billion. It aims to produce fertilisers, specialty chemicals and electric vehicle battery materials. The initiative is expected to create 10,000 jobs and position Egypt as a regional hub for new energy materials.
Industrial property firm CTP and energy provider ČEZ ESCO have officially opened a major new 5.5 megawatt (MW) rooftop solar power installation in the South Moravian region of the Czech Republic. The combined project, located across CTPark Brno and CTPark Brno South, marks the largest of its type in the area. The facilities are expected to generate over 5.2 GWh of clean energy annually, which is enough to power around 1,500 average households.
LPP Logistics has signed an 11-year lease for a new Distribution Centre at CTPark Bucharest West. The nearly 60,000 sq m facility will enhance the LPP Group’s logistics for Romania, Bulgaria, and Greece. The new centre is a vital strategic move following a recent fire at the operator's previous Romanian facility. The hub will support the ambitious expansion of the Sinsay brand, which recently opened its 200th store in Romania.
H&R REIT has entered agreements to sell retail and office properties across Canada and the United States in transactions totalling $1.5 billion. The sales, which align with the trust’s ongoing simplification strategy, will see proceeds directed toward reducing debt and shifting the portfolio further toward residential and industrial assets.
Colliers has launched the exclusive investment offering of a ±295-acre industrial development site adjacent to the Paso Robles Municipal Airport on California’s Central Coast. The land is strategically positioned within the City's proposed "Tech Corridor" and is one of the largest parcels available for manufacturing, logistics, aerospace, and technology operations. The potential for an FAA spaceport license at the airport is driving the region's transformation from a wine centre to a hub for innovation and advanced manufacturing.
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