
Discretionary spending weak again in May and signs of parents needing to work more hours
The CommBank Household Spending Intentions (HSI) Index rose 3.1 per cent in original terms in May and recovered April’s public holiday-induced decline, but with clear evidence of weakening discretionary spending. Health & fitness, Home Buying and Transport led the spending categories with…

Paradigm Asset Management Co. LLC Sells 17,500 Shares of Simon Property Group, Inc. (NYSE:SPG)
Paradigm Asset Management Co. LLC cut its stake in shares of Simon Property Group, Inc. (NYSE:SPG – Get Rating) by 64.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,545 shares…

Macquarie Data Centres Completes Major Upgrades to Sydney and Canberra Campuses
Macquarie Data Centres completes major upgrades to its Sydney and Canberra campuses, providing expanded capacity, improved security, and enhanced compliance measures for government and enterprise customers. Macquarie Data Centres, a division of Macquarie Technology Group, announced the successful completion of…

Resolution Capital Ltd cuts holdings in Public Storage by 4.4% but stock remains a valuable investment opportunity
As of the most recent Form 13F filing with the SEC on June 10th, 2023, it has come to light that Resolution Capital Ltd has cut its holdings in shares of Public Storage (NYSE:PSA) by 4.4%. The firm reportedly sold…

Crown Castle Inc. (NYSE:CCI) Shares Purchased by Paradigm Asset Management Co. LLC
Paradigm Asset Management Co. LLC raised its stake in Crown Castle Inc. (NYSE:CCI – Get Rating) by 187.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,200 shares…

Equinix accelerating edge, hyperscale investments in Latin America
US datacenter and interconnection group Equinix maintains an active project pipeline in Latin America, expanding retail datacenters in Colombia, Brazil and Peru, launching new sites and accelerating hyperscale projects beyond Brazil and Mexico. The so-called xScale datacenters is a relatively new…

SoftBank-Backed Ola Electric To Kick Off Investor Meet On IPO Plans
India’s Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion IPO, two sources with direct…

SoftBank-Backed Enpal Raises €430 Million for Solar-Leasing Unit
The SoftBank-backed solar power startup Enpal said Friday that it has raised €430 million ($464 million) in debt funding to finance its leasing business. DWS and Phoenix Life Limited joined existing investors BlackRock and ING in the refinancing round, according…

R Systems Snaps Up IT Firm After Blackstone’s Take-Private Offer Fails
Indian IT services company R Systems International Ltd has struck an acquisition just weeks after private equity giant Blackstone’s attempt to take it private failed. Mumbai-listed R Systems said it has agreed to acquire Pune-based Velotio Technologies Pvt. Ltd for an upfront…

Ryman Hospitality Properties, Inc. to Acquire JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc. for $800 Million
Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement under which Ryman will purchase the JW Marriott San Antonio Hill Country Resort & Spa (“JW Marriott Hill Country”) in…

Canada’s Brookfield offers to buy Dubai-based Network International for $2.76bln
Canada’s Brookfield Asset Management has reached an agreement with Dubai-based Network International to buy the payments provider for a cash offer of 2.2 billion pounds ($2.76 billion) for the entire issued and to be issued share capital. The Brookfield offer…

If You Invested $10,000 in Prologis in 2013, This Is How Much You Would Have Today
This real estate investment trust has crushed the S&P 500 index in the past decade. Commercial real estate can be a particularly lucrative industry. It has created scores of millionaires and billionaires over the years. That’s because while the demand…

