Investment Rating - The report indicates a positive outlook for the Lagos real estate market, highlighting its role as a major economic pillar in Nigeria, particularly after the GDP rebasing exercise [4][15]. Core Insights - The Nigerian economy is transitioning towards stabilization and growth, with a notable GDP growth of 3.98% in Q3 2025, driven by a resilient non-oil sector [5][15]. - Real estate has emerged as the third-largest sector in the rebased economy, contributing 13.36% to total real GDP, underscoring its structural importance [9][15]. - Inflation has moderated significantly, decreasing from 25.3% in June to 15.15% by December 2025, which is expected to support market stability [12][15]. - The naira has stabilized within a managed band, supported by a significant increase in external reserves, which reached $45.45 billion by December 2025 [13][15]. - The enactment of the Nigeria Tax Act 2025 is anticipated to enhance the macro environment for real estate, promoting formal agreements between landlords and tenants [14][30]. Economic Update - The GDP rebasing exercise revealed a larger and more diversified economy, with nominal GDP revised upward by 41.7% [4]. - Real estate's contribution to GDP highlights its critical role in national wealth, with a quarter-on-quarter growth rate of 3.50% [5][9]. - The construction sector outperformed the broader economy with a real growth rate of 5.57%, driven by public infrastructure projects [11]. Residential Market Review - Residential rents in Lagos continued to rise despite moderated inflation, driven by strong demand and constrained supply [22][32]. - Government interventions have facilitated the delivery of 653 residential units through public-private partnerships [23][32]. - The launch of the MOFI Real Estate Investment Fund offering long-term loans at 9.75% indicates ongoing public sector efforts to address housing shortages [24][32]. Retail Market Review - The retail sector has seen limited new development, with a gradual reconfiguration of tenant mix and retail strategies [33][39]. - Indigenous convenience-focused brands have gained traction, reflecting a shift towards cost-efficient retail formats [33][39]. - The average prime retail rents in Lagos are aligned with several African peers, indicating competitive pricing [35]. Office Market Review - The Lagos office market is showing signs of recovery, with Grade A occupancy levels reaching 73% [40][47]. - Rental performance has softened, particularly for prime assets, with effective rents adjusting downward to support occupancy [41][47]. - The emergence of new office developments in Ikeja indicates continued demand for modern office spaces [43][47]. Industrial Market Review - The industrial sector remains resilient, supported by logistics demand and manufacturing activity within Special Economic Zones [49][56]. - Prime industrial rents vary significantly based on infrastructure quality, with Grade A demand accelerating in well-serviced areas [51][56]. - The demand for warehouse spaces has grown approximately 25% year-on-year, reflecting the sector's expansion [74][56]. Infrastructure and Data Centre Market Review - Key infrastructure projects, including the Lagos–Calabar Coastal Highway and the Lagos Green Line Rail Project, are advancing, enhancing connectivity [57][63]. - The data centre market in Lagos is valued at approximately $1.4 billion, indicating strong investor interest and capacity additions [59][63]. Port Harcourt Real Estate Market - Port Harcourt's real estate market is driven by the oil sector, with residential demand growing at an estimated 12-15% [65][87]. - The retail sector has expanded significantly, driven by a rising middle class and consumer preferences for modern shopping environments [67][87]. - Industrial land prices have risen 10-20% over three years, with demand for warehouses increasing by about 25% year-on-year [74][87]. Abuja Real Estate Market - Abuja's real estate market is characterized by high demand and strong capital appreciation, with average property prices projected to rise by 10-15% annually in prime areas [81][98]. - The market is shifting towards integrated, technology-enabled commercial spaces, reflecting evolving tenant needs [85][98]. - The persistent housing deficit and urbanization are driving demand for middle-to-low-income housing in satellite towns [92][98].

Group 1: Major Upcoming IPOs - Reliance Jio is expected to debut in 2026 with a valuation between Rs 11 lakh crore and Rs 12 lakh crore, potentially becoming the largest IPO in India [2][11] - The National Stock Exchange of India (NSE) is preparing for its IPO after setting aside Rs 1,300 crore to resolve regulatory issues, awaiting a no-objection certificate from Sebi [3][11] - Flipkart aims for a 2026 listing with a valuation target of $60 billion to $70 billion, positioning itself as a major tech IPO in India [4][11] Group 2: Fintech and Other Sectors - PhonePe has filed confidential draft papers for a $1.5 billion IPO, targeting a valuation of $15 billion, marking a significant moment for the digital payments sector [5][11] - OYO is planning an IPO to raise up to $800 million, focusing on business stability and profitability after previous delays [6][11] - SBI Mutual Fund is considering an IPO of up to $1.2 billion in the first half of 2026, reflecting growth in the mutual fund industry [7][11] Group 3: Additional Companies Preparing for IPOs - Hero Fincorp plans an IPO of Rs 3,668.13 crore, including a fresh issue of Rs 2,100 crore, amid concerns over unsecured lending [8][11] - Navi Technologies is targeting a public listing in the second half of FY26, focusing on personal loans, home loans, and insurance [9][12] - Zepto aims to raise between $450 million and $500 million (approximately Rs 4,000 crore to Rs 4,440 crore) through its IPO, as competition in the quick-commerce sector intensifies [10][12] - Consumer electronics brand boAt is preparing for a listing, targeting a fundraise of $300 million to $500 million at a valuation exceeding $1.5 billion [11][12]

Core Insights - Aramark Destinations is committed to enhancing community resilience through food donations, volunteer service, and partnerships with local organizations [1][2][3] Community Engagement Initiatives - In 2025, Aramark Destinations donated thousands of pounds of food and contributed hundreds of volunteer hours to support rural communities [3] - At Isle Royale National Park, the lodge team donated high-quality ingredients, including about 120 pounds of corned beef, to Copper Shores Meals on Wheels [4] - The team at the National Conservation Training Center collected over 10 bags of clothing and nearly 4,000 pounds of prepared food for local organizations, supporting survivors of domestic violence and other crises [5] - In Cortez, Colorado, the team dedicated approximately 80 volunteer hours and invested $3,000 in materials to enhance the Good Samaritan Food Bank's capacity [6] - Glacier Bay Lodge in Southeast Alaska hosted Community Nights to foster relationships with local residents through shared meals and storytelling [7] Company Overview - Aramark Destinations provides hospitality and recreational amenities at iconic locations across the United States, focusing on authentic experiences that connect guests with nature [9]

RICK DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important November 20 Deadline in Securities Class Action First Filed by the Firm - RICKNovember 17, 2025 5:01 PM EST | Source: The Rosen Law Firm PANew York, New York--(Newsfile Corp. - November 17, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of RCI Hospitality Holdings, Inc. (NASDAQ: RICK) between December 15, 2021 a ...

Core Viewpoint - Rosen Law Firm is urging investors of RCI Hospitality Holdings, Inc. to secure legal counsel before the November 20, 2025 deadline for a securities class action lawsuit related to alleged misconduct during the Class Period from December 15, 2021, to September 16, 2025 [1][5]. Group 1: Legal Action Details - Investors who purchased RCI Hospitality securities during the Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 20, 2025 [3]. - The lawsuit alleges that defendants made materially false statements and failed to disclose significant issues, including tax fraud and bribery, which misrepresented the legal risks and business prospects of RCI Hospitality [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].

Core Viewpoint - RCI Hospitality Holdings, Inc. is facing a securities class action lawsuit due to allegations of tax fraud and bribery, with a lead plaintiff deadline set for November 20, 2025 [1][5]. Group 1: Class Action Details - The class action pertains to securities purchased between December 15, 2021, and September 16, 2025, and investors may be entitled to compensation without upfront costs [1][2]. - The lawsuit claims that RCI Hospitality's defendants made materially false statements and failed to disclose significant legal risks, leading to investor damages when the truth emerged [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience [4]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors may choose to remain absent or select their own counsel [7].

Core Viewpoint - The Gross Law Firm is notifying shareholders of RCI Hospitality Holdings, Inc. about a class action lawsuit related to allegations of tax fraud and bribery during a specified class period [1][3]. Summary by Sections Class Period and Allegations - The class period for the lawsuit is from December 15, 2021, to September 16, 2025 [3]. - Allegations include: 1. Engagement in tax fraud by the defendants 2. Commission of bribery to conceal the tax fraud 3. Understatement of legal risks facing the company 4. Misleading statements regarding the company's business, operations, and prospects [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by November 20, 2025, to participate in potential recovery [4]. - Registration will include enrollment in a portfolio monitoring software for status updates throughout the case [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, emphasizing responsible corporate behavior [5].

Core Viewpoint - The Gross Law Firm is notifying shareholders of RCI Hospitality Holdings, Inc. about a class action lawsuit due to allegations of tax fraud and bribery by the company's defendants during the specified class period [1][2]. Group 1: Allegations - The complaint alleges that during the class period from December 15, 2021, to September 16, 2025, the defendants engaged in tax fraud and bribery to conceal this fraud [1]. - It is claimed that the defendants understated the legal risks facing the company, leading to materially false and misleading statements regarding its business operations and prospects [1]. Group 2: Class Action Details - Shareholders who purchased shares of RICK during the class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for November 20, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case, with no cost or obligation to participate [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors affected by deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [3].

Core Viewpoint - The Gross Law Firm is notifying shareholders of RCI Hospitality Holdings, Inc. about a class action lawsuit alleging tax fraud and bribery by the company's defendants during the specified class period [1][2]. Group 1: Allegations - The complaint claims that during the class period from December 15, 2021, to September 16, 2025, the defendants made materially false and misleading statements and failed to disclose significant issues, including tax fraud and bribery to conceal this fraud [1]. - The allegations suggest that the defendants understated the legal risks facing the company, leading to misleading statements regarding its business operations and prospects [1]. Group 2: Class Action Details - Shareholders who purchased RCI Hospitality shares during the class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for November 20, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].

分组1 - Richardson Electronics, Ltd. reported better-than-expected first-quarter financial results, with earnings of 13 cents per share, surpassing the analyst consensus estimate of 1 cent per share [1] - The company achieved quarterly sales of $54.607 million, exceeding the analyst consensus estimate of $51.510 million [1] - Following the positive earnings report, Richardson Electronics shares increased by 20.2% to $12.76 in pre-market trading [1] 分组2 - Turn Therapeutics Inc. saw a significant gain of 226.3%, reaching $22.84 in pre-market trading after commencing trading on the Nasdaq Capital Market [5] - Baosheng Media Group Holdings Limited surged by 107.7% to $6.88 in pre-market trading [5] - Several other companies also experienced notable pre-market trading gains, including Alaunos Therapeutics, Inc. (+61.5%), Ambow Education Holding Ltd. (+53.2%), and AiRWA Inc. (+45.7%) [5]