A multi-million dollar funding package has been approved for three transformative housing developments in Northern California. MidPen Housing and its partners will deliver 362 affordable units in San José, Alameda, and Watsonville. Each project is tied to major transit upgrades, including new bike lanes and electric ferry charging. This investment aims to reduce carbon emissions while providing homes near essential transport hubs.
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.
ROSHN Group expanded its network of construction and infrastructure partners on the final day of Cityscape Global 2025, signing land sale agreements worth SAR 115.9 million and multiple contracts with suppliers and sub-developers. The Group also renewed its finance partnership with Sakani and signed an MOU with Geberit International to introduce water-efficient sanitary solutions.
Flagship REIT has expanded its senior revolving credit facilities to $500 million, strengthening its capital structure and providing flexibility for future acquisitions and developments in the outpatient healthcare space.
Growthpoint Properties has confirmed that Estienne de Klerk will succeed Norbert Sasse as Group CEO in July 2026, with José Snyders appointed as Group CFO from January 2026, in a planned leadership transition at South Africa’s largest listed property group.
Al Mal Capital REIT, the first real estate investment trust listed on the Dubai Financial Market, has announced plans to raise up to $200 million through a follow-on public offering (FPO) as it looks to expand its portfolio of income-generating properties. The offering will be open to both existing unitholders and new investors from the UAE and wider GCC region, with proceeds earmarked for acquiring assets in high-growth sectors such as healthcare, education, and industrial facilities. The capital increase is expected to boost the fund’s size significantly, with trading of new units likely to commence in August, pending regulatory approval.
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