Business & Finance

Nov52025 by FWMNo Comments

Embassy REIT Reports Stellar Q2 FY2026: Quarterly Distributions Hit All-Time High with 12% YoY Growth, Occupancy at 93%

Bengaluru, Karnataka, India --Portfolio occupancy rises to 93% by value* Leased 1.5 msf this quarter across 20 deals to leading GCCs and corporates Highest-ever quarterly distributions of Rs. 617 crores since listing in April 2019 Revenue up 13% YoY to Rs. 1,124 crores; Net Operating Income rises 15% YoY to Rs. 927 crores Development pipeline of 7.2 msf in Bengaluru and Chennai at an attractive yield on cost.Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the second quarter ended September 30, 2025.Amit Shetty, Chief Executive Officer of Embassy REIT, said, “We are pleased to report an outstanding quarter across our business - from strong le...

Oct202025 by FWMNo Comments

Holcim to acquire Xella

Business & Finance

Zug | 20 October 2025-A European leader in sustainable and innovative walling systems with projected 2025 net sales of around EUR 1 bn in a highly attractive market Complementary sustainable product offering to Holcim powered by leading premium brands Ytong, Silka, Hebel and Multipor Strategic value-accretive acquisition to deliver run-rate EBITDA synergies of EUR 60 million in year three, EPS accretive in year one A milestone in Holcim’s NextGen Growth 2030 strategy shaping the future of sustainable constructionHolcim has signed a binding agreement to acquire Xella, a European leader in sustainable and innovative walling systems with projected 2025 net sales of around EUR 1 billion. Xella is home to premium sustainable brands such as Ytong, Silka, Hebel and Multipor and...

Oct152025 by FWMNo Comments

9 month industrial & warehousing demand at all-time high of 26.5 million square feet in 2025, up 11% YoY: Colliers India

Business & Finance

Delhi NCR, Chennai, and Mumbai drive over 60% of the demand as well as supply during January-September 20253PL firms drive almost one-third of 2025 demand, followed by engineering and e-commerce segments Q3 2025 demand, however, moderates at 7.0 msf, down 23% YoY Vacancy levels rise by 160 basis points on a QoQ basis, as supply outpaces demandBangalore, 15 October 2025: India’s industrial and warehousing sector continued to display resilience in 2025, with cumulative demand across the top 8 markets reaching 26.5 million sq ft in the first nine months, marking an 11% year-on-year growth. In fact, Grade A space uptake was at an all-time high in the 9-month period, despite global players remaining cautious amidst ongoing trade frictions. The sustained momentum also underscores...

Sep292025 by FWMNo Comments

PropTech Startup Reloy Targets ₹3,500 Crore Sales This Fiscal Year

Business & Finance

Reloy made Rs 2,000+ crore in referral sales in the preceding fiscal year and has already surpassed that figure in the first six months of the current year.The company is confident of achieving profitability this fiscal Mumbai, September 26, 2025: Reloy, India’s leading homeowner loyalty and referral platform, announced that it is on track to achieve ₹3,500 crore of sales in FY2025-26. The company generated ₹2,000 crore of referral-led sales last fiscal and has already surpassed that figure in the first six months of the current year. With this strong momentum, the company also expects to turn profitable in the current fiscal—a significant milestone that underscores the scalability and sustainability of its business model.Reloy is currently working with over 40 of India’s top...

Sep262025 by FWMNo Comments

Schindler and Accor enter a service agreement in Asia

Business & Finance

Schindler announces a new service agreement in Asia with Accor, a global leader in the hospitality industry. The collaboration strengthens the relationship between both parties, enabling closer coordination, shared innovations, and a joint focus on sustainability and customer experience.Schindler has signed a Master Services and Supplies Agreement (MSSA) with Accor, a world-leading hospitality group with more than 5 600 properties across over 110 countries, to deliver and service elevators and escalators to the Accor properties. The MSSA covers nine key strategic markets in Asia – Cambodia, Hong Kong, Indonesia, Macau, Malaysia, the Philippines, Singapore, Thailand, and Vietnam – and encompasses all aspects of Schindler’s offering, including new installations, modernization...

Sep12025 by FWMNo Comments

Volvo Construction Equipment completes divestment of SDLG equity

Business & Finance, News

September 1, 2025Volvo Construction Equipment (Volvo CE) has completed its previously communicated divestment of its ownership in China-based SDLG (Shandong Lingong Construction Machinery Co) to a fund predominantly owned by the Lingong Group (LGG) for SEK 8 billion (6 billion RMB).The transaction is expected to have a positive effect of approximately SEK 1 billion on operating income as of closing, subject to currency fluctuations.Going forward, Volvo CE will be targeting focused customer segments in China and enhance its utilization of the Chinese supplier eco system.

Aug302025 by FWMNo Comments

Holcim closes Nigeria divestment

Business & Finance

Zug | 29 August 2025Holcim has completed the divestment of its Nigeria business, selling its entire 83.81% shareholding in Lafarge Africa PLC to Huaxin Cement at an equity value of USD 1 billion on a 100% basis before dividend adjustments.Martin Kriegner, Regional Head Asia, Middle East & Africa: "We are pleased to have found in Huaxin Cement a trusted buyer that is committed to further developing the business in Nigeria. At the same time, the sale proceeds give Holcim additional capacity for our growth-focused capital allocation. We wish Lafarge Africa PLC and Huaxin Cement continued success."

Aug252025 by FWMNo Comments

Square Yards Q1FY26: Revenue Up 45%; Gross Margins Double; EBITDA Swings 37 crore YoY

Business & Finance, News, PROPERTY MATTERS

Gurugram, Haryana, 25th August 2025 – Square Yards, India’s largest integrated real estate and mortgage platform, has announced its financial results for Q1FY26, reporting a revenue of INR 378 crore and EBITDA of INR 4.4 crore on the back of INR 70 crore gross profit. With these results, the company saw first ever profitable Q1 on the back of doubling of Gross Margins (Y-Y) to 18% and revenue growth of 45%.Key Q1FY26 Highlights:Square Yards reported a revenue of approximately INR 378 crore, marking a year-over-year growth of around 45% from INR 260 crore in Q1FY25. The company facilitated over 55,771 transactions and achieved a Gross Transaction Value (GTV) of INR 18,480 crore in Q1FY26. The Q1FY26 demonstrated the potential of operational leverage in the business, with gro...

Aug212025 by FWMNo Comments

India, Mainland China and Japan Dominate Asia’s Office Leasing, Driving 90% of Demand in H1 2025 – Colliers

Business & Finance

India, China, and Japan drove over 90% of the demand during H1 2025- Singapore witnessed 12X YoY rise in demand, followed by Philippines and Japan at 56% & 55% YoY rise respectively- New supply across the 11 APAC markets rose by 45.4% to 4.8 million square metres (51.7 million square feet)- 8 out of 11 markets saw an annual increase in new supply during H1 2025- Flight to quality, flexibility and sustainability to drive growthBengaluru, 21 August – According to Colliers’ new report, Asia Pacific Office Market Insights H1 2025, leasing activity across 11 key markets reached 4.5 million square metres (48.4 million square feet) in the first half of the year – a 9.6% year-on-year increase – reflecting a broader recalibration of workplace strategi...

Aug152025 by FWMNo Comments

Technology sector anchors ~40% office leasing while global enterprises expand India operations – Colliers India

Business & Finance

Over half of the total leasing across the top 7 cities led by large-sized dealsTech occupiers continue to drive majority of the large-sized deals Bengaluru and Hyderabad drive close to half of the Pan India tech demand Bengaluru, 14 August 2025: Large-sized deals (≥100,000 sq. ft.), continue to drive India’s commercial office market, consistently accounting for bulk of the Grade A office space uptake in the last 5 years. In H1 2025 too, 51% of the total leasing across the top 7 cities was through large-sized deals at 17.2 million sq feet, reflecting occupiers’ sustained appetite for high-quality office spaces to support growth strategies.Trends in office leasing across deal sizes (2020- H1 2025)2020 2021 2022 2023 2024 H1 2025Total gross leasing in m...