Management said momentum continued after year-end, with five additional sales completed for GBP 12.3 million and a further 14 disposals “well advanced” (contracted, in solicitors’ hands, or with terms agreed) totaling GBP 29 million.A central theme of the call was the company’s strategic sales program, which executives said was essential to reducing debt and mitigating void costs. Inglis said Regional REIT sold 18 assets in 2025 for GBP 51.6 million, exceeding the company’s GBP 40 million to GBP 50 million ...

长江商报消息 ●长江商报记者 江楚雅 近日，一则关于富力地产董事长李思廉被限制出境的消息引发市场高度关注。据知情人士透露，2026年 春节前后，李思廉在出境时被边检拦截，被告知由天津市第三中级人民法院对其采取限制出境措施。 作为曾经的"华南五虎"之首，富力地产（02777.HK）早已深陷债务泥沼，截至2025年末公司逾期有息 债务规模高达368.1亿元。债务大规模逾期，司法纠纷下，近年来这家老牌房企持续推进资产处置与债 务重组自救。 董事长身陷多重司法限制 此次李思廉被限制出境，成为富力地产债务危机持续发酵的标志性事件。据多方核实，李思廉系在出境 环节被告知限制措施，公司及本人此前均未收到正式法律文书，直至出境受阻方才知晓被边控。针对此 事，天津三中院以案件仍在办理为由，未披露具体细节；富力地产方面则表示已向集团反馈，未收到官 方通报；富力地产香港办公室亦表示对相关情况不知情。 从司法脉络来看，李思廉被限制出境与富力地产在天津的执行案件直接关联。2025年4月，上海钻马企 业管理有限公司以民间借贷纠纷为由，起诉富力地产及旗下重庆富力瑜璟、贵阳富力、广州贵丽等多家 子公司；同年10月至11月，天津三中院先后作出 ...

Core Insights - Longleaf Partners Fund reported a return of 3.35% in Q4 2025, outperforming the S&P 500's 2.66% but underperforming the Russell 1000 Value Index's 3.81% return, indicating a challenging year without standout performers [1] - The firm emphasizes strengthening portfolio outcomes over chasing short-term winners, suggesting a strategy focused on real companies during periods of excessive speculation [1] Company Highlights - IAC Inc. (NASDAQ:IAC) is highlighted as a leading media and internet company, with a one-month return of -3.167% and a 52-week gain of 13.37%, closing at $39.51 per share with a market capitalization of $3.167 billion on January 16, 2026 [2] - IAC's strategy includes disposing of all assets except for People Inc. and a 25% stake in MGM Resorts, with plans for share repurchase and increasing its stake in MGM to address valuation disconnects [3] - The spinoff of Angi, a home services marketplace, was a significant move for IAC, with the firm purchasing more shares post-spin at a depressed price, indicating confidence in Angi's turnaround [3] Industry Context - MGM Resorts faced a weaker performance in Las Vegas in 2025 due to tough comparisons from previous years, but strong results from BetMGM and regional properties helped stabilize the business [3] - The market narrative suggests that Las Vegas has peaked, but both IAC and MGM believe that the unique appeal of Las Vegas cannot be replicated, positioning MGM as a market leader [3] - MGM's management has made strategic corrections, including selling lower-quality properties at higher multiples and withdrawing from a New York City casino bid, which has allowed for significant share repurchases over the past five years [3]

Core Viewpoint - Diageo has entered into an agreement to sell its 65% shareholding in East African Breweries plc (EABL) and its stake in the Kenyan spirits business, UDVK, to Asahi Group Holdings, Ltd, aligning with its strategy of selective disposals of non-core assets to strengthen its balance sheet and support its commitment to de-levering [1]. Group 1 - Diageo's sale of its shareholding in EABL is part of a broader strategy to dispose of non-core assets [1]. - The transaction involves a 65% stake in EABL and includes the Kenyan spirits business, UDVK [1]. - The move is intended to strengthen Diageo's balance sheet and support its de-levering efforts [1].

Saudi Aramco is considering plans to raise billions of dollars by selling a range of assets, deals that could rank as its most significant disposals ever https://t.co/MFdsrvmRoF ...

Financial Performance & Disposals - CSI made sales of approximately HK$1.55 billion and had unrecognized contracted sales commitments of approximately HK$1.22 billion for FY2025 [9] - Key disposals were completed in FY2025, including car parking spaces in Tuen Mun, units at Broadway Center (CSI-60%) in Macau, and units at Dukes Place (CSI-60%) in Jardine's Lookout [10] - Pre-sales achieved up to June 2025 are expected to generate approximately HK$2.57 billion in future bookings [10] - Gross revenue from property business decreased to HK$521 million in FY25 from HK$1,579 million in FY24 [11] - The company reported a loss attributable to equity holders of HK$1.692 billion in FY25, primarily due to adverse changes in the fair value of JV properties [11] Balance Sheet & Debt Management - Total assets decreased from HK$26.238 billion in FY24 to HK$22.325 billion in FY25 [12] - Bank loans decreased from approximately HK$7.9 billion in FY24 to approximately HK$6.9 billion in FY25 [17] - The company successfully refinanced a US$296 million bond due in July 2025 with a new US$150 million bond issue at 10.5% [21] - A strategic rights issue closed in April 2025 brought in approximately HK$1.49 billion, and a private bond issued to Gaw Capital added approximately HK$500 million to enhance cash liquidity [12] Strategic Initiatives - A strategic funding and partnership proposal was announced, including a rights issue (approximately HK$1.5 billion) and bond issuance (HK$500 million), with Gaw Capital becoming a long-term strategic investor [24] - The company commits to a sale target of at least HK$9 billion in sales in the next 4 years [24, 38] - The company has a robust pipeline of quality assets to support the HK$9 billion+ active asset disposal program, with over HK$2.57 billion in pre-sales achieved up to June 2025 [38, 40]

Company Strategy - Land Securities plans to dispose of £2 billion worth of office assets [1] - Land Securities intends to redeploy funds into retail and housing [1] Asset Disposal - Land Securities has appointed agents to sell a prime office in London's Victoria [1]