Roadside Real Estate is set to acquire Gardner Retail for approximately £17.8 million, marking a major strategic move into the petrol forecourt sector. The deal involves six high quality sites in Southwest England that generated £33.9 million in revenue last year. Roadside will fund the acquisition by expanding its existing debt facility with Tarncourt Properties. This transaction is expected to be immediately earnings accretive and serves as a foundation for further consolidation in the roadside retail market. The company has already paid a multi million pound deposit with completion scheduled for early 2026.
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.
Saudi Arabia Railways (SAR) and Dedicated Housing Company (DHC) have announced a new partnership to develop a hospitality-inspired residential community in Riyadh's Al Malaz district. The development will consist of over 450 serviced residential units and 1,600 beds across two plots totalling 13,000 square metres. The project is an example of Transit-Oriented Development (TOD), aimed at linking high-quality living with key transportation infrastructure to create more connected and sustainable urban areas.
Toll Group has launched Singapore’s first decarbonisation hub dedicated to electric supply vessels, a 12-month proof-of-concept developed with Yinson GreenTech. The hub integrates electric marine transport, smart warehousing, and efficient trucking into one digitally connected operation.
Saudi Arabia is moving ahead with its plans for Advanced Air Mobility with the General Authority of Civil Aviation (GACA) signing an agreement with US-based Archer Aviation. The collaboration aims to develop a regulatory path for electric vertical take-off and landing (eVTOL) air taxis in the Kingdom. The first routes are expected to connect Riyadh and Jeddah, and service the nation’s giga-projects like Red Sea Global.
Archer Aviation (NYSE: ACHR) has completed the first phase of its acquisition of control over Hawthorne Airport, a key Los Angeles aviation asset. This initial step involves the acquisition of the master lease and associated subleases, giving the company control of the airport's real estate. Archer plans to use the 80-acre site as the operational hub for its planned L.A. air taxi network, including operations for the LA28 Olympic & Paralympic Games.
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