Author: Charlotte

Residents of four Ekiti State communities have appealed to Governor Biodun Oyebanji to reconsider a proposed land acquisition linked to the road network of the Ekiti State Cargo International Airport. They warned that the move could lead to widespread displacement and socio-economic disruption. In a letter addressed to the governor, representatives of Iworoko Ekiti, Are-Ekiti, Afao-Ekiti and Araromi-Obo Ekiti communities in Irepodun/Ifelodun Local Government Area through their counsel, Joseph Ogunsemi, expressed concern over the government’s plan to acquire 200 metres of land on both sides of the ring road connecting the airport. The letter, titled: ‘Save Our Soul (SOS)’, stated…

The City of Dallas was well represented at D Magazine’s D CEO 2026 Commercial Real Estate Awards in March.The city celebrated the victories in a Monday press release. According to the bulletin, the awards program recognizes outstanding commercial real estate projects, transactions, dealmakers, and industry leaders driving economic growth in the North Texas region.This year, D CEO showcased 119 finalists across 24 categories this year, and 33 of those recognized projects are located within the City of Dallas. Among the winners, seven projects were supported by Office of Economic Development incentives authorized by Dallas City Council.Here are the winners:Deal of…

According to IMARC Group’s latest research publication, Saudi Arabia commercial real estate market size was valued at USD 69.76 Billion in 2025 and is projected to reach USD 92.76 Billion by 2034, growing at a compound annual growth rate of 3.22% from 2026-2034. How AI is Reshaping the Future of Saudi Arabia Commercial Real Estate Market Predictive Property Valuations: Machine learning algorithms analyze demographics, foot traffic, market trends, and competitive landscapes simultaneously, delivering 18% more accurate valuations and accelerating transaction times by 23% compared to traditional appraisal methods across acquisition and underwriting processes. Smart Building Optimization: AI-powered systems integrate with IoT sensors to…

Quant Multi Asset Allocation Fund (earlier known as Quant Multi Asset Fund) has delivered the highest returns across key timeframes—3, 5, 7, and 10 years—among all multi asset allocation funds present during these periods, according to an analysis by ETMutualFunds.In other words, about six multi asset allocation funds have completed 10 years in the market, and Quant Mutual Fund’s scheme has ranked first across all timeframes.Also Read | Silver ETFs tumble up to 15% in 2 months, domestic pricing rule kicks in. What should you do?Based on the trailing returns, Quant Multi Asset Allocation Fund has offered 21.65% CAGR in…

At a time when geopolitical tensions are clouding global markets and unsettling investor sentiment, seasoned market participants are urging calm, discipline, and a long-term perspective.“First of all, let me tell you that this is not the first time we are facing a crisis. Crises were always different — 1998, 2000, 2008, 2020 — every time this was a different thing, and this is not different,” said DP Singh, Joint CEO, SBI MF, reflecting on the current environment in an interview with ET Now.He acknowledged that the ongoing geopolitical situation is beyond investors’ control, but highlighted the relative strength shown by…

Zhao Rongjing JunHe has recruited private equity lawyer Zhao Rongjing as a partner, based at the firm’s Shanghai and Hong Kong offices, and formalities relating to her partnership are currently being processed. Prior to joining JunHe, Zhao had been a partner at Morrison Foerster since 2023, practising private equity and M&A from the firm’s Beijing and Shanghai offices. Before that, she practised at Kirkland & Ellis’ Shanghai office from 2014 and was promoted to partner in 2018. Earlier in her career, she worked at O’Melveny at both its Los Angeles branch and Shanghai representative office. Zhao brings more than 15…

Key TakeawaysNearly all of the largest passive bond funds beat their peers in the first quarter, while just over half of the largest active bond funds did.Of the largest active bond funds, Strategic Advisers Fidelity Core Income Fund earned the best category ranking.Among the largest passive bond funds, the Vanguard Short-Term Inflation-Protected Securities ETF earned the best category ranking.Even as bond yields rose across the market in the first quarter, nine of the ten largest passively managed bond funds beat their peers. It was a mixed picture for active bond funds, though, with six of the ten largest outperforming their…

Bulgaria-based Sunotec getting equity investment from Blackstone SeeNews Source link

Mistrust Brews at Tata TrustsThe CEO of Tata Trusts, which is the majority owner of India’s largest business conglomerate, asked vice-chairmen Venu Srinivasan and Vijay Singh to resign last week, while concealing material information, the two prominent trustees have alleged, precipitating yet another round in what has been a series of infighting bouts at the high-profile public charitable trusts. Source link

Valuation, Growth Drivers Boost BSE Shares BSE Ltd. shares jumped nearly 4% on Monday, boosted by strong trading volumes. The exchange’s market capitalization reached approximately ₹1.19 trillion. Its current Price-to-Earnings (P/E) ratio stands around 55x, a significant premium over its historical 10-year average P/E of about 13.87. This valuation is considerably higher than its domestic rival, the National Stock Exchange (NSE), which trades at a P/E of roughly 39x. Major global exchanges like Nasdaq and Intercontinental Exchange typically trade in the 20-30x P/E range, showing BSE’s higher valuation. The recent momentum was significantly driven by HDFC Securities, which maintained an…