Prologis Beats Expectations With Record Leasing and Data Center Growth – Commercial Observer

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The world’s biggest warehouse landlord is still full steam ahead on data centers. “After several quarters of sustained demand, we believe the market is entering its next phase,” Prologis CEO Dan Letter said in a second-quarter earnings call Thursday afternoon. SEE ALSO: PGIM Hires David Blum as Managing Director of Commercial Real Estate Credit The […]

Arrears are rising — but Canada’s mortgage wall is starting to crack

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Those yet to renew originated at rates that were already starting to inch up in advance of the first rate increase by the Bank of Canada (BoC), which occurred in early 2022, meaning the payment shock at renewal will be comparatively more modest. Leading indicators of credit stress also point to stabilisation. By late 2025, […]

Toronto anchors Canada’s commercial real estate rebound

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National net absorption reached +2.6 million square feet (msf) in Q1 2026 alone, building on the positive absorption recorded nationally in 2025. That’s a notable turnaround after -17 msf of negative net absorption between 2020 and 2024, according to Avison Young’s data. Trophy and class A assets are leading that recovery: since 2025, Trophy sales have […]

Snap-On Inc stock hits all-time high at 414.68 USD

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Snap-On Inc stock hits all-time high at 414.68 USD

Mortgage Rates Move Slightly Higher

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While some news stories suggest that rates are the highest in 11 months today, that’s not quite true. The highest rates of the year were seen on July 13th and May 19th when our 30yr fixed index hit 6.75%. The index was at 6.68% today, up from 6.64% yesterday. Any news regarding “highest rates since […]

Pipelines around Hormuz won’t end threat Iran poses to Middle East oil

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Middle East oil producers plan to build new pipelines to reduce their dependence on the Strait of Hormuz, as Iran disrupts the Gulf states’ seaborne crude exports with near daily attacks on tankers. But new pipelines will not end the threat to the region’s energy exports, analysts said. This infrastructure is just as vulnerable to […]

TRX Gold Corporation (TRX:CA) Q3 2026 Earnings Call Transcript

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Operator Hello, and good morning, ladies and gentlemen. Welcome to today’s presentation. My name is Julia Perron, a virtual event moderator here at Renmark Financial Communications. On behalf of our team, we’d like to thank everyone for joining us today for TRX Gold Corporation’s Third Quarter 2026 Results. TRX Gold is trading on the Toronto […]

State Street touts selection by Treasury, $1B cost-cut plan

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Key takeaway: The firm’s executives said “Trump accounts” introduce a new generation of investors to State Street Investment Management and “reinforce” the firm’s position in the “growing U.S. wealth market.” Expert quote: “These accounts are designed to make investing simple and accessible, giving children a straightforward opportunity to begin early in life as asset owners.” […]

FRP arranges £1.5m in specialist property finance

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FRP Real Estate Advisory has arranged three financing facilities totalling approximately £1.5 million for property investors operating outside conventional lending criteria, the firm has confirmed. The transactions, completed over recent weeks, comprised land bridging, a secured revolving credit facility, and development-linked bridging finance. Completion times ranged from two to three and a half weeks. Deal […]

Are Bonds High on Crack (Spreads)?

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The term “crack spread” is quickly becoming mainstream–especially over the past few weeks. It’s more of a concept than a specific metric, but it most frequently refers to the margin between input and output costs for fuel (gas, diesel, etc). Petro-nerds seem to like the 3-2-1 crack spread, which covers both gas and diesel (3 […]