Core Insights - Equinix, Inc. and Canada Pension Plan Investment Board have agreed to acquire atNorth for $4.2 billion, enhancing their presence in the Nordic data center market [1][5][8] - CPP Investments will invest $1.6 billion for a 60% controlling interest, while Equinix will hold 40% [2][8] - The acquisition is expected to be immediately accretive to Equinix's adjusted funds from operations (AFFO) per share [2] Company Overview - atNorth operates eight data centers across Denmark, Finland, Iceland, Sweden, and Norway, with additional sites under development [3][8] - The company has secured 1 GW of power capacity and plans further expansion to support high-density workloads [3] - atNorth's facilities utilize liquid cooling and integrate green initiatives to minimize environmental impact [3] Strategic Implications - The acquisition allows Equinix to scale in a region with abundant renewable energy and strong demand for digital infrastructure [5][6] - The partnership is positioned to capitalize on increasing demand driven by cloud adoption and AI workloads [6] - Equinix's European platform will be strengthened, supporting long-term AFFO growth and commitment to sustainable infrastructure [6] Market Performance - Over the past three months, Equinix shares have increased by 33.9%, outperforming the industry growth of 6.4% [7] - Analysts have revised the Zacks Consensus Estimate for Equinix's 2026 FFO per share upward to $41.93 [7]

Core Insights - TransAlta Corporation has signed a Memorandum of Understanding (MOU) with Canada Pension Plan Investment Board (CPP Investments) and Brookfield to develop a data centre in Alberta, with TransAlta as the exclusive site and power provider [1][2]. Group 1: MOU and Development Plans - The MOU outlines a phased development framework at the Keephills site in Parkland County, starting with a long-term power purchase agreement for approximately 230 MW and evaluating opportunities for additional development up to 1 GW of load [2][3]. - The Keephills site is strategically positioned, utilizing TransAlta's extensive land, existing infrastructure, and on-site generation capabilities to support large-scale projects [3]. Group 2: Company Background - TransAlta is one of Canada's largest publicly traded power generators, providing reliable electricity across Canada, the United States, and Western Australia for over 100 years [4]. - The company has a diverse technology portfolio and a disciplined approach to energy infrastructure, focusing on meeting current energy needs while preparing for future demands [4].

Core Insights - The Canada Pension Plan Investment Board has acquired a 60% stake in a Nordic data-center operator, indicating a strategic investment in digital infrastructure [1] - Equinix retains a 40% ownership in the same data-center operator, highlighting a partnership in the digital infrastructure sector [1] Company Summary - Canada Pension Plan Investment Board is expanding its portfolio by investing in the Nordic data-center market, which is a growing segment within the digital infrastructure industry [1] - Equinix, as a co-owner, continues to play a significant role in the data-center space, leveraging its expertise and resources in collaboration with the Canada Pension Plan Investment Board [1]

Core Insights - Canada Pension Plan Investment Board and Equinix have agreed to acquire Nordic data center operator atNorth from private equity firm Partners Group in a deal valued at approximately $4 billion [1] Company Summary - The acquisition involves Canada Pension Plan Investment Board and Equinix, indicating a strategic move into the Nordic data center market [1] - atNorth is a Nordic data center operator, which suggests a focus on expanding data center capabilities in a region known for its favorable conditions for data operations [1] Industry Summary - The deal is valued at about $4 billion, highlighting the significant investment interest in the data center sector, particularly in the Nordic region [1] - The acquisition reflects ongoing trends in the data center industry, where large investments are being made to enhance infrastructure and capacity to meet growing demand [1]

Equinix and Canada Pension Plan Investment Board are close to reaching a deal to acquire atNorth, a pan-Nordic data-center operator backed by Partners Group, Bloomberg News reported on Thursday, citin... ...

TORONTO--(BUSINESS WIRE)--Dream Unlimited Corp. (TSX: DRM) ("Dream†, "the Company†or "we†) today announced its financial results for the three and twelve months ended December 31, 2025 ("fourth quarter†). "Looking back, 2025 was a very good year for the Company,†said Michael Cooper, Chief Responsible Officer. "Despite modest timing delays, with the Edmonton joint venture announced in the fourth quarter Western Canada had another very strong year of earnings. We started construction on 480 multi-family ...

Core Insights - The shift in investor sentiment towards warehousing and logistics indicates a structural transformation in India's real estate landscape, moving from traditional office and retail investments to logistics platforms as the dominant strategy [1][21] - Institutional interest in warehousing has transitioned from exploratory to conviction-led, highlighting its importance as strategic economic infrastructure [5][21] - The pandemic has reshaped supply-chain thinking, leading to increased demand for resilient, India-focused supply chains and higher inventory buffers [16][22] Warehousing and Logistics Growth - Industrial and warehousing leasing reached a record high in 2025, with absorption hitting 36.9 million sq ft, reflecting a 16% year-on-year growth [8][21] - Delhi NCR and Chennai emerged as the most active industrial hubs, accounting for 24% and 22% of annual absorption respectively [8][10] - Q4 2025 saw a significant uptick in leasing activity, with 10.4 million sq ft absorbed, driven by large transactions and expansion-led demand [9][21] Demand Drivers - The demand for logistics assets is primarily driven by third-party logistics (3PL) companies, engineering firms, and e-commerce players, with 3PL accounting for about 32% of total leasing [11][21] - Large-format transactions, such as those by ScootsyLogistics and Amazon, underscore occupier confidence and the growing scale of operations [11][21] - The shift towards modern logistics facilities is influenced by the need for higher ceilings, better flooring standards, and integrated technology systems [15][22] Structural Changes - India's rapid digital transformation has altered consumption and distribution models, expanding e-commerce penetration into Tier-II and Tier-III cities [14][22] - Government policy initiatives, including infrastructure upgrades and logistics corridor development, have improved connectivity and reduced transportation bottlenecks [16][22] - The formalisation of the economy has favored organized logistics players, leading to a preference for large, compliant facilities over fragmented storage units [17][22] Investment Landscape - Institutional investors are increasingly comfortable with the risk-return profile of logistics assets, which offer stable cash flows and long-term leases [18][22] - Warehousing has evolved from a tactical allocation to a strategic investment, driven by structural transformation in the economy [18][22] - The growth of e-commerce and the need for modern logistics infrastructure align with India's manufacturing ambitions and global supply chain integration [19][22] Challenges Ahead - Despite the positive outlook, challenges such as land acquisition complexities, regulatory approvals, and infrastructure gaps may hinder project execution [20][22] - Potential rental growth moderation could occur if supply outpaces demand in specific micro-markets, and increased competition may compress yields over time [20][22]

Core Viewpoint - Korn/Ferry International has seen significant increases in institutional ownership and positive analyst ratings, indicating strong investor confidence and potential growth opportunities for the company [2][3][4]. Institutional Ownership - Universal Beteiligungs und Servicegesellschaft mbH raised its position in Korn/Ferry International by 105.8% during Q3, owning 27,721 shares valued at $1,940,000 [2]. - Other institutional investors have also increased their holdings, with Kestra Investment Management LLC raising its stake by 71.8%, Canada Pension Plan Investment Board by 200.0%, and EverSource Wealth Advisors LLC by 84.1% during Q2 [3]. - Currently, 98.82% of Korn/Ferry International's stock is owned by hedge funds and institutional investors [3]. Analyst Ratings - Weiss Ratings reaffirmed a "buy (b-)" rating for Korn/Ferry International, while Wall Street Zen upgraded the stock from "hold" to "buy" [4]. - The Goldman Sachs Group reduced its price target from $85.00 to $74.00 but maintained a "buy" rating [4]. - The consensus rating for Korn/Ferry International is "Moderate Buy" with an average target price of $78.67 [4]. Stock Performance - Korn/Ferry International's stock opened at $69.45, with a 1-year low of $59.23 and a high of $78.50 [5]. - The company has a market cap of $3.63 billion, a PE ratio of 14.09, and a beta of 1.33 [5]. Financial Performance - Korn/Ferry International reported $1.33 earnings per share (EPS) for the last quarter, exceeding the consensus estimate of $1.31 by $0.02 [6]. - The company had revenue of $729.80 million, surpassing analysts' expectations of $705.16 million, and showed a 7.0% increase in quarterly revenue compared to the previous year [6]. - The company has set its Q3 2026 EPS guidance at 1.19-1.250 [6]. Dividend Information - Korn/Ferry International announced a quarterly dividend of $0.48 per share, representing an annualized dividend of $1.92 and a dividend yield of 2.8% [7]. - The payout ratio is currently 38.95% [7]. Company Overview - Korn/Ferry International is a global organizational consulting firm specializing in executive search, talent acquisition, leadership development, and succession planning [9]. - The company has expanded to over 50 offices worldwide since its founding in 1969 [10].

Core Viewpoint - Warburg Pincus is exploring a potential sale of UK insurance broker McGill and Partners, with a possible valuation exceeding $1 billion [1][2]. Group 1: Company Overview - McGill and Partners was founded in 2019 by Steve McGill, a former group president of Aon Plc, and specializes in brokering insurance for sectors such as aviation, property, energy, and marine [3]. - The company reported over 20% revenue growth in the first half of 2025 and a 79% increase in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) compared to the same period in 2024 [3]. Group 2: Investment and Financial Developments - Warburg Pincus initially invested in McGill in 2019 and later transitioned the company into a multi-asset continuation vehicle supported by HarbourVest Partners, Ardian, and the Canada Pension Plan Investment Board [4]. - In September, McGill secured new credit facilities amounting to $300 million from Morgan Stanley, Permira, and Bridgepoint Group Plc to support its growth strategy [4].

National Stock Exchange of India Ltd (NSE), the country’s largest exchange, plans to file its draft prospectus ‍for its long awaited public listing by the end of March, according ​to two people familiar with the matter.The exchange ‌is in discussions with investment bankers and law firms ​to finalise the prospectus and gauge investor appetite for what could be one of India’s biggest ever initial public offerings, the sources said.NSE has not indicated how much of its equity would be listed. A platform that ...