I'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. My previous working background is in private credit and CRE mezzanine financing for a family office. I'm also a fluent Mandarin speaker in both business and court settings, previously serving as a court interpreter. I have spent a good chunk of my adult working life in China and Asia. I have worked with top CRE developers in the past including The Witkoff Group , Kushner Companies, Durst Organization and ...

粤进深 赵盼盼由国贸拿地、保利置业操盘的石围塘项目进展神速。 日前，项目发布工程总承包招标公告，披露了其户型将主打建面约73㎡三房、87㎡四房以及106㎡四 房。 招标报建显示，户型使用率为111.8-120.5%。 其中，73㎡三房做到了1.5卫，使用率约116%。 建面约87㎡四房2卫，有横厅和竖厅两种布局，使用率为113%-120.5%。 建面约106㎡四房2卫，户型使用率最低，为111.8%。 虽说目前官方尚未官宣最终户型，不过参照已有规划内容，其大致情况已能推断得七七八八。 基本上能确定，项目主要瞄准的就是刚需群体。 据市场消息，石围塘项目预计明年元旦开放营销中心，2月中旬入市。 项目体量不大，只规划了2栋住宅楼，层高26层，两梯五户设计，总货量约250套左右。 主打小盘快打+小户型模式，预计会比较抢手。 回顾一下地块情况。 9月2日上午，荔湾区石围塘AF0107048地块竞价出让，被国贸地产以底价50574万元收入囊中，折合楼 面价2.15万元/㎡。 这也是国贸时隔两年多，再次在广州土拍市场拿地。 上一次还是在2023年5月底。当时，国贸摇中白云区嘉禾望岗东北侧AB2108014地块，成交价24. ...

Core Insights - The new project "Green Town Shanghai Yilu" has reported a high subscription rate of approximately 122% with over 180 groups expressing interest in 148 units, but this figure masks underlying market challenges [1][4] - Despite the impressive initial numbers, 96 out of 148 units remain unsold less than a month after the launch, indicating potential difficulties in actual sales [2][4] Project Information - Project Name: Green Town Shanghai Yilu - Total Units: 148 - Total Area: 20,646.34 square meters - Units Sold: 52 (7,348.54 square meters) - Units Available for Sale: 96 (13,297.8 square meters) [3][4] Pricing and Market Comparison - The average price for the first batch of units is 106,900 CNY per square meter, with high-rise units averaging 98,800 CNY and duplex units at 131,700 CNY [4] - The pricing strategy has created competitive pressure on neighboring projects, such as "West Coast Sea," which has a lower average price of 96,500 CNY per square meter [5][6] Sales Strategy and Market Dynamics - The project has initiated a distribution strategy to expedite sales, indicating pressure to clear inventory ahead of a second batch release [7][10] - The project manager faces challenges balancing the sales of Yilu while also managing a new high-profile project in Hongkou, which could strain financial resources [8][9] Competitive Landscape - The land for Yilu was acquired at a record price of 2.916 billion CNY, with a 40% premium, setting a new benchmark for land prices in the area [11] - The competitive environment is intensified by the rapid sales of nearby projects, which have benefited from the heightened market interest following Yilu's launch [12] Future Considerations - The project is facing challenges related to its location and surrounding infrastructure, which may hinder its attractiveness compared to future developments [13]

Core Insights - The Estonian real estate market showed stable and moderately recovering activity in Q3 2025, with transaction numbers comparable to the previous quarter and a slight upward trend in average prices per square meter, particularly in Tallinn [1][2] - The market is influenced by high interest rates and buyer caution, but improved confidence and stabilized economic expectations suggest a balanced phase, with moderate recovery expected in H1 2026 if macroeconomic conditions remain stable [2] - Arco Vara's first public bond offering was a significant event, being oversubscribed more than twofold, marking the largest bond issue among Baltic real estate developers to date [3] Market Overview - The Estonian real estate market is adapting after recent cooling, with stable transaction activity and strong demand for high-quality residential spaces [1][2] - The market has reached a balance after periods of rapid growth and decline, with both prices and transaction volumes stabilizing [2] Company Developments - Arco Vara's bond issue aims to finance the Luther Quarter development, transforming a historic industrial area into a modern urban space [4] - The company envisions creating a "city within a city" in the Luther Quarter, integrating residential, commercial, and public spaces [5] - Ongoing developments include Rannakalda, Soodi 6, and Spordi, with significant sales activity and construction progress reported [6][7][8] Financial Performance - For the first nine months of 2025, Arco Vara reported sales revenue of EUR 5,624 thousand, an increase of EUR 1,537 thousand compared to the same period in 2024 [14] - The company achieved an operating profit of EUR 622 thousand and a net profit of EUR 214 thousand, a significant turnaround from losses in the previous year [14][19] - In Q3 2025, 25 apartments were sold, reflecting a notable increase in sales activity compared to Q3 2024 [15] Strategic Focus - Arco Vara is focusing on active sales efforts and the progress of development projects, with specific targets for the fourth quarter [11][12] - The company is strategically exiting the Bulgarian market to concentrate on Estonian projects, enhancing operational efficiency [10] - The approval of the Arcojärve detailed spatial plan is expected to lay the groundwork for further investments in inner-city developments [9] Key Performance Indicators - As of September 30, 2025, the Group's total assets more than doubled compared to the previous year, primarily due to new project acquisitions [16] - The Group's net debt increased to EUR 47,407 thousand, largely due to the acquisition of the Luther Quarter [17] - The weighted average interest rate on the Group's interest-bearing liabilities was 9.09% as of September 30, 2025 [17]

订立合资事项可使本集团拓展其物业开发业务。透过合资事项架构，本集团可有效分散开发风险，并利 用其他合资股东的互补资源、经验及专长，提升项目执行效率及长期回报。 智通财经APP讯，LHN(01730)发布公告，本公司的间接全资附属公司WPS (TPY) Pte. Ltd.(WPSTPY)已 与Macritchie Developments Pte. Ltd. (MAC)、KSH Blazar Pte. Ltd.(KSHB)、CP-Tagore Pte. Ltd.(CP)、 Soon Hock Fortune Pte. Ltd.(SHF)、Petrus Capital Holdings Pte. Ltd.(PCH)、Tay Lian Xie Tarol(TAY)、Chin Hong Oon(CHO)(WPSTPY、MAC、KSHB、CP、SHF、PCH、TAY及CHO各称"合资股东"，统称"合资 股东")及Thomson Gem Pte. Ltd.(合资公司)订立一份日期为2025年10月22日的合资协议(协议)，合资公司 将配发及发行新股份，而合资股东将认购合资公司的新股份(合资事项)。除MAC为本集团的现有合 ...

Market Overview - The government shutdown has reached day 22, impacting market sentiment [1] - Gold is experiencing a selloff, currently down over 1% [1][2] - Bitcoin has decreased by 3.3%, while silver is down only 0.2% [2] Earnings Season - Tesla's earnings report is highly anticipated, marking the beginning of the earnings season for major companies [3] - Other companies reporting after the bell include IBM, Lamb Research, SAP, and Las Vegas Sands [4] Tesla Insights - Goldman Sachs has an overweight rating on Tesla, with a price target of $355, citing record deliveries as a positive factor [5] Trade Developments - The US and India appear to be moving closer to a trade deal that may reduce India's crude oil purchases from Russia [6] - This potential shift could lead to higher crude oil prices, as India may start buying US crude instead [7][9] Mortgage Applications - The 30-year mortgage rate has decreased from 6.42% to 6.37%, leading to a 4% increase in refinance applications [10][11] - Despite a 5.2% drop in purchase applications, the overall composite for mortgage applications is relatively unchanged, down 0.3% [11] - The lower mortgage rates may stimulate real estate investment, although current purchase activity remains subdued [12][13]

Core Viewpoint - Tejon Ranch Co. will release its third quarter 2025 operating and financial results on November 6, 2025, and will host a conference call to discuss these results and recent initiatives [1] Financial Results Announcement - The company will announce its third quarter 2025 results before the market opens on November 6, 2025 [1] - A conference call will take place on the same day at 5:00 p.m. Eastern Time, featuring President and CEO Matt Walker and CFO Robert Velasquez [1] Investor Engagement - Investors can submit questions via email to IR@tejonranch.com by 12:00 p.m. Eastern Time on November 6, 2025 [2] - An audio webcast of the conference call will be available on the company's website, with a replay accessible for one year after the call [3] Upcoming Events - Tejon Ranch will hold an Investor Engagement Event on November 14, 2025, at the New York Stock Exchange, requiring advanced registration due to limited space [4] Company Overview - Tejon Ranch Co. is a diversified real estate development and agribusiness company, with a principal asset of 270,000 acres of land located approximately 60 miles north of Los Angeles [6]

Core Insights - Safe and Green Development Corporation has announced the delivery and deployment of new industrial processing equipment to enhance its operations in Southwest Florida, specifically targeting engineered soils, composting, and green-waste recycling [1][3][4] Equipment Details - The new equipment includes the Komptech Crambo Mobile shredder, which is designed for processing large volumes of organic and woody materials, and the Diamond Z DZH6000 Series grinder, which enhances grinding capacity for wood waste and green debris [2][3] Operational Impact - The newly deployed equipment is expected to improve production capacity, reduce processing times, and enhance overall site efficiency, thereby meeting the growing demand for the company's engineered soil and compost products [3][4] Strategic Alignment - The expansion of processing capabilities aligns with the company's focus on scalable, revenue-generating infrastructure, allowing for greater material processing efficiency and broader product distribution across its composting and recycling network [4] Company Overview - Safe and Green Development Corporation, formed in 2021, focuses on real estate development and environmental solutions, including the operation of an 80+ acre organics processing facility in Florida, which processes source-separated green waste and is expanding into sustainable potting media production [5]

Core Insights - Safe and Green Development Corporation has deployed new industrial processing equipment to enhance its operations in Southwest Florida, specifically at the Sarasota and Myakka City sites [1][3][4] Equipment Details - The new equipment includes the Komptech Crambo Mobile shredder, which is designed for processing large volumes of organic and woody materials, and the Diamond Z DZH6000 Series grinder, which increases processing efficiency for wood waste and green debris [2][3] Operational Impact - The deployment of this equipment is expected to improve production capacity, reduce processing times, and enhance overall site efficiency, thereby meeting the growing demand for engineered soil and compost products [3][4] Strategic Alignment - The expansion of processing capabilities aligns with the company's focus on scalable, revenue-generating infrastructure, allowing for greater material processing and improved efficiency [4] Company Overview - Safe and Green Development Corporation is focused on real estate development and environmental solutions, with a subsidiary operating an 80+ acre organics processing facility in Florida, which processes source-separated green waste and is expanding into sustainable potting media production [5]

2025 HHH Shareholder Meeting HOWARD HUGHES Forward-Looking Statements Statements made in this presentation that are not historical facts, including statements accompanied by words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "likely," "may," "plan," "project," "realize," "should," "transform," "would," and other statements of similar expression and other words of similar expression, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 ...