Monday, June 30News That Matters

Author: FWM

Atlantic Union Bank Closes Sale of Approximately $2 Billion of Commercial Real Estate Loans to Blackstone

Atlantic Union Bank Closes Sale of Approximately $2 Billion of Commercial Real Estate Loans to Blackstone

Business & Finance, News
Richmond, Va. & New York, June 26, 2025 – Atlantic Union Bankshares Corporation (NYSE: AUB) (“Atlantic Union”), the holding company for Atlantic Union Bank (the “Bank”), and Blackstone (NYSE: BX) jointly announced today the closing of the sale of approximately $2 billion of the Bank’s performing commercial real estate (“CRE”) loans acquired from Sandy Spring Bank to vehicles affiliated with Blackstone Real Estate Debt Strategies (“BREDS”). The CRE loan sale was contemplated and announced as part of Atlantic Union’s merger with Sandy Spring Bancorp, Inc., which closed on April 1, 2025. “After closing our acquisition of Sandy Spring, we have been focused on integration and execution,” said John Asbury, president and CEO of Atlantic Union. “Today’s announcement is another proof point o...
Still mopping it old school: Dyson study reveals India’s obsession with clean homes, but we could be making our floors dirtier

Still mopping it old school: Dyson study reveals India’s obsession with clean homes, but we could be making our floors dirtier

Home Improvement, LIFE & ARTS, Lifestyle, News
Dyson’s first Global Wet Cleaning Study unveils insights into global cleaning habits, frustrations with existing wet cleaning tools, and the inefficiencies of traditional methods.  Key findings from the Dyson Global Wet Cleaning Study 2025: In India, 49% of people don’t change the water after cleaning each room. Nearly 1 in 3 Indian households spend over 2 hours on routine floor cleaning, far exceeding the global average. The use of mops and cloths for wet cleaning is highest among Indians in APAC. Top frustrations with existing methods include inefficient cleaning, slippery floors, edge-cleaning struggles, and time-consuming. Bangalore, 27th June 2025: Today, Dyson announced the results of its first Global Wet Cleaning Study, to investigate wet cleaning habits and ...
Dubai’s Azizi Developments Unveils Real Estate Deals Exclusive to Investors in New Delhi

Dubai’s Azizi Developments Unveils Real Estate Deals Exclusive to Investors in New Delhi

News
The emirate’s leading private developer is hosting a special sales event in New Delhi, India, with new and previously unseen buildings being released exclusively for attending investors Azizi Developments, the United Arab Emirates’ leading private real estate developer, is inviting investors in New Delhi, India to a one-of-a-kind exhibition where it will unveil previously unseen units and buildings – some of Dubai’s best performing and highest return yielding property assets – exclusive to investors attending the event. Indian buyers will be able to secure these special deals at the dedicated sales event only, hosted at the Le Méridien New Delhi - Sovereign I Hall, New Delhi, on Saturday, the 28th of June, from 10:00 AM to 7:00 PM.Dubai, United Arab Emirates -- Dubai's...
60% of Indians Sleep less than 6 Hours Nightly as Sleep Supplements Surge 650%

60% of Indians Sleep less than 6 Hours Nightly as Sleep Supplements Surge 650%

Home Improvement, LIFE & ARTS, Lifestyle, News
AGR Knowledge Services reveals how sleep deprivation is driving India's newest wellness market Mumbai, Maharashtra, India-Jun 27, 2025 12:31 IST Three out of five Indians aren't getting adequate nightly sleep, with a quarter reporting their sleep has worsened since the pandemic, according to a new trend report from AGR Knowledge Services. Rather than seeking medical help, most are turning to online solutions and supplements, creating a booming marketplace for sleep aids. The report, "The Modern Sleep Bazaar: How Sleep Debt Became India's Wellness Opportunity," analyzed digital conversations, search queries and consumer sentiment to map the country's growing sleep crisis and the commercial response. When Rest Takes a Backseat: Indians Sleep Less Than 6 Hours​ Key find...
SOUL Festival Announces its Third Chapter – 9th to 13th October at Soneva Fushi

SOUL Festival Announces its Third Chapter – 9th to 13th October at Soneva Fushi

News
Mumbai, Maharashtra, India-Jun 24, 2025 13:43 IST Returning for its third chapter, SOUL Festival unfolds once more from October 9 to 13, 2025, at Soneva Fushi in the Maldives’ untamed Baa Atoll UNESCO Biosphere Reserve. Set within a sanctuary of barefoot luxury at the world’s best beach resort, the five-day retreat is a deeply immersive celebration of wellness, healing wisdom and human connection – uniting a global community of seekers, changemakers and visionary wellbeing experts. Soneva Fushi - Wellness Group Activity with Sanctum The 2025 edition welcomes an inspiring line-up of international thought leaders and practitioners. Returning to the Maldives are Sanctum founders Luuk Melisse and Gabriel Olszewski, whose energising morning rituals set the tone for each...
Indian Railways to make Passenger Reservation System multilingual with Focus on Passenger Convenience and Smart Ticketing

Indian Railways to make Passenger Reservation System multilingual with Focus on Passenger Convenience and Smart Ticketing

News
New Passenger Reservation System Capable of generating over 1.5 lakh rail tickets per minute, i.e. about five times the current capacity of 32000 tickets in a minute, to be ready by year end. Indian Railways to make Passenger Reservation System multilingual with Focus on Passenger Convenience and Smart Ticketing To improve your travel uncertainty, Railway Ministry to soon implement advanced charting of waitlisted tickets; For trains departing before 2 pm, chart will be prepared by 9 pm previous day Tatkal Booking to Have Broad-Based Authentication via Aadhaar or Govt ID Linked to DigiLocker for Enhanced Security and Transparency Ticket Enquiry Capacity to Rise Tenfold—From 4 Lakh to Over 40 Lakh Enquiries Per Minute in New PRS System : 29 JUN 2025 6:31PM by PIB Delhi Indian Railway...
Growth momentum remains strong in H1 2025 with 33.7 msf of Grade A space uptake, a 13% YoY growth – Colliers India

Growth momentum remains strong in H1 2025 with 33.7 msf of Grade A space uptake, a 13% YoY growth – Colliers India

News
Q2 2025 sees 17.8 msf of leasing and 14.9 msf of new supply across the top 7 cities, registering an 11% YoY growth in each Bengaluru & Hyderabad drive 45% of the total demand, and 51% of the new supply during the quarter Technology sector drives 47% of conventional leasing during Q2 2025, followed by BFSI firms at 19% share Flex spaces contribute close to one-fourth of the total office space demand in Q2 2025 Bengaluru, 26 June 2025: India’s office market continued its strong growth trajectory in Q2 2025, recording 17.8 million square feet of gross leasing across the top seven cities, an 11% increase compared to Q2 2024. This also marks a 12% growth compared to the office space demand in the first quarter of the year and underscores the resilience of commercial real esta...
Rinac India Limited and Epta Announce Strategic Partnership to  Elevate India’s Food Retail Refrigeration Landscape

Rinac India Limited and Epta Announce Strategic Partnership to Elevate India’s Food Retail Refrigeration Landscape

News
Bengaluru, India – June 27, 2025- In a bold move set to reshape India's refrigeration industry, Rinac India Limited today formally announced its strategic partnership with Epta, the European leader in commercial refrigeration solutions for retail, Ho.Re.Ca. , and the food & beverage sector. The announcement was made at an exclusive press conference held at Shangri-La Bengaluru , where industry leaders, media, and trade stakeholders gathered to witness the collaboration between two refrigeration powerhouses — one Italian, one Indian — joining forces to serve the country's evolving cold chain needs. Mr. P. Sukumaran Co-Founder & Jt. Managing Director of Rinac India Limited.said “With Epta's world-class refrigeration technology and Rinac's trusted presence across India, we are shapi...
TVS Emerald Secures Strategic 7.18-Acre Land Parcel in Bangalore’s Rayasandra with a revenue potential over INR 700 Crore

TVS Emerald Secures Strategic 7.18-Acre Land Parcel in Bangalore’s Rayasandra with a revenue potential over INR 700 Crore

News, PROPERTY MATTERS
Company strengthens Bangalore footprint with its 7th major acquisition in the city Bangalore, 24 June 2025:  TVS Emerald, a prominent real estate developer, announced the acquisition of a premium 7.18-acre landholding in Rayasandra, Bangalore, with a project revenue potential of over ₹700 crore. This strategic acquisition is a testament to TVS Emerald’s commitment to enhancing its presence in Bangalore's robust real estate space. The newly acquired site is strategically positioned near Rayasandra Lake, placing it at the heart of one of Bangalore’s most well-established micro-markets. The location offers excellent connectivity to major IT hubs, educational institutions, and commercial centres, making it an attractive proposition for a premium residential development. This acquisiti...
Mars in Partnership with C40 Expands BETTER CITIES FOR PETS™ in India, Pilots the Programme in Bengaluru

Mars in Partnership with C40 Expands BETTER CITIES FOR PETS™ in India, Pilots the Programme in Bengaluru

News
Bengaluru, Karnataka, India First of its kind program catalyzes a global movement of pet-friendly and climate-resilient cities fit for future generations A new partnership with C40 Cities empowers mayors to increase access to pet-friendly and climate-resilient green spaces with an initial focus on Bengaluru, London, Los Angeles, Sao Paulo, and Bangkok Mars, Incorporated, a global leader in pet care products and services, is expanding its BETTER CITIES FOR PETS™ program in India -helping more cities become pet-friendly and making it easier for people to enjoy life with their pets. Better Cities for Pets is expanding to India; Launched Urban Nature Playbook for People, Pets, and the Planet featuring Bengaluru’s iconic Cubbon Park The expanded program invests mo...