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Germany's Federal Network Agency says bid volumes for a capacity tender for gas-fired power plants substantially exceeded expectations.
2026-09-09
Germany's Federal Network Agency says bid volumes for a capacity tender for gas-fired power plants substantially exceeded expectations.
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2026-09-09
Morgan Stanley says Link REIT (00823.HK) saw overall tenant sales down 1% YoY in FY2027 Q1 (ending June 2026). Food & beverage sales rose 1.5% YoY while supermarkets fell 1.9% YoY. Management expects Hong Kong renewal rents in H1 FY2027 (ending Sept
Morgan Stanley says Link REIT (00823.HK) saw overall tenant sales down 1% YoY in FY2027 Q1 (ending June 2026). Food & beverage sales rose 1.5% YoY while supermarkets fell 1.9% YoY. Management expects Hong Kong renewal rents in H1 FY2027 (ending Sept 2026) to be down 5% YoY, an improvement from FY2026 full-year -8.2% and H1 FY2026 -6.4%, but it maintains a full-year renewal-rent guide of -8%, implying H2 will be weaker than H1. A 200 mln annual cost-cutting program is progressing well; combined with buybacks, Morgan Stanley sees FY2027 distribution per unit roughly flat YoY. Blended financing cost remains 3.4%. The Anderson Road project is 80% pre-leased and due to open in October, which Morgan Stanley expects to support FY2028 rental income. Morgan Stanley rates the stock overweight with a HK$44 target price.
2026-09-09
Gatwick Airport, UK: Flights at London Gatwick Airport have now resumed. We still expect it will take some time for operations to fully return to normal.
Gatwick Airport, UK: Flights at London Gatwick Airport have now resumed. We still expect it will take some time for operations to fully return to normal.
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