Portfolio Expansion

FDA Clears Sun Pharma's ILUMYA for Psoriatic Arthritis in Adults

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FDA Clears Sun Pharma's ILUMYA for Psoriatic Arthritis in Adults

Mumbai – October 30, 2026 -- The U.S. Food and Drug Administration has approved Sun Pharma's supplemental Biologics License Application for ILUMYA (tildrakizumab-asmn) in adults with active psoriatic arthritis (PsA), the first expansion of the IL-23 inhibitor beyond plaque psoriasis since its 2018 U.S. approval.

Approval addresses a U.S. patient pool of about 2.4 million

Approximately 2.4 million Americans live with PsA, according to Sun Pharma. The company states that roughly 1 in 3 people with psoriasis also have PsA, and that more than 15% of psoriasis patients may have undiagnosed PsA.

ILUMYA was previously cleared only for adults with moderate-to-severe plaque psoriasis who are candidates for systemic therapy or phototherapy.

Hilton Lands 53 Properties in Condé Nast Traveler 2026 Awards, Up from 47

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Hilton Lands 53 Properties in Condé Nast Traveler 2026 Awards, Up from 47

MCLEAN, Va. – October 29, 2026 -- Hilton (NYSE: HLT) placed 53 properties across eight brands in the 2026 Condé Nast Traveler Readers' Choice Awards, up from 47 in 2025, with six taking No. 1 rankings in their categories.

Twenty-six Hilton properties ranked in the top five in their markets, according to the company. The U.S. and U.K. reader surveys covered Waldorf Astoria, Conrad, LXR, NoMad, Signia Hilton, Hilton Hotels & Resorts, Curio Collection and Motto by Hilton.

Waldorf Astoria and Conrad take all six first-place rankings

Four Waldorf Astoria properties led their categories in the U.S. survey: The Roosevelt New Orleans (No. 1 in New Orleans, and No. 28 hotel in the world), Waldorf Astoria Atlanta Buckhead (No. 1 in Atlanta), Waldorf Astoria Helsinki (No. 1 in Northern Europe) and Waldorf Astoria Los Cabos Pedregal (No. 1 resort in Western Mexico).

Andover Properties Buys 46,000-NRSF Texas Storage Site, Hits 48 Assets

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Andover Properties Buys 46,000-NRSF Texas Storage Site, Hits 48 Assets

New York – October 19, 2026 -- Andover Properties has acquired a self storage facility of nearly 46,000 net rentable square feet (NRSF) in Pinehurst, Texas, expanding its Texas portfolio to 48 assets.

The property at 35335 State Highway 249 was built in 2015 and offers a mix of climate-controlled and drive-up units. A local, independent owner previously operated it.

Pinehurst site sits in Houston corridor growing more than 2.4% a year

The facility is located in one of the Houston metro's fastest-growing corridors. Population there is rising by more than 2.4% annually, and median household income exceeds $102,000, according to the company.

The site is a 15-minute drive from another Andover-owned Storage King USA location. Andover says this proximity lets it apply local market intelligence and operating efficiencies across both facilities.

Deckorators Unveils 2027 Lineup After MoistureShield Asset Deal

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Deckorators Unveils 2027 Lineup After MoistureShield Asset Deal

GRAND RAPIDS – October 14, 2026 -- Deckorators, a brand of UFP Industries (Nasdaq: UFPI), introduced Meridian and Elevate decking as the first collections launched since it acquired MoistureShield decking assets, alongside a new aluminum railing system built to cut installation labor.

Meridian and Elevate extend the decking range with two new collections

Meridian carries proprietary CoolDeck technology, which Deckorators says absorbs less heat than conventional composite decking. It launches in four colors: Hudson, Sonoma, Catalina and Newport. Its full 1-inch profile is approved for dock and waterfront applications.

Elevate targets active outdoor spaces and resists moisture, rot and insect damage. It can be installed anywhere, including ground and water applications, and launches in Basin Brown and Ridge Gray.

Sandvik Closes Diemme Filtration Deal, Adds SEK 1.1B Revenue

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Sandvik Closes Diemme Filtration Deal, Adds SEK 1.1B Revenue

Stockholm – October 12, 2026 -- Sandvik has completed its acquisition of Italy-based Diemme® Filtration, a business with estimated 2026 revenues of about SEK 1.1 billion and an EBITA margin accretive to the Rock Processing business area.

Sandvik creates a separate Filtration division within Rock Processing

Diemme® Filtration will be reported as a new, separate division named Filtration inside Sandvik's Rock Processing business area. The acquisition had been announced previously.

Diemme® Filtration employs about 200 people at its Lugo base

The company is headquartered in Lugo, Italy, where it operates a manufacturing facility and R&D capabilities. It has approximately 200 employees.

TGE Net Profit Jumps 9.9x on Hotel Acquisition Spree in H1 2026

Paris – – September 30, 2026 -- The Generation Essentials Group (NYSE: TGE; LSE: TGE) reported net profit of US$22.8 million for the six months ended June 30, 2026, a 9.9-fold increase driven by an aggressive expansion of its global hotel portfolio.

Revenue climbs 35.8% as hospitality segment surges 59.8%

Revenue from contracts with customers rose to US$30.8 million in the first half of 2026, up 35.8% year-on-year. The hotel operations, hospitality, and VIP services segment expanded 59.8%, becoming the primary growth driver following the acquisition and integration of four hotel properties in New York, Perth, Kuala Lumpur, and London.

EPS jumps 366.7% to US$0.56 as balance sheet expands to US$1.8 billion

Earnings per share increased 366.7% to US$0.56. Total assets stood at US$1.8 billion, equivalent to US$37.2 per share, while net asset value reached US$932.5 million, or US$19.2 per share.

Sterling Organization Buys $277,057-SF Grocery-Anchored Portfolio for SUP Fund

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Sterling Organization Buys $277,057-SF Grocery-Anchored Portfolio for SUP Fund

West Palm Beach – September 28, 2026 -- Sterling Organization has acquired a three-property, grocery-anchored shopping center portfolio totaling 277,057 square feet on behalf of its Sterling United Properties (SUP) fund series. The portfolio is 99% leased collectively and spans two California assets and one Hawaii property, each anchored by a Safeway supermarket.

Portfolio combines Bay Area and Honolulu assets across 277,057 square feet

The acquisition includes Safeway Burlingame, a 70,174-square-foot center that is 100% leased, and Pleasanton Gateway Shopping Center, a 128,275-square-foot property that is 99% leased, both in the San Francisco Bay Area. The third asset, Kapahulu Shopping Center in Honolulu, totals 78,608 square feet and is 97% leased, marking Sterling's first investment in Hawaii.

Becklin Holdings Acquires FAA-Certified Chief Avionics in Oregon

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Becklin Holdings Acquires FAA-Certified Chief Avionics in Oregon

Grants Pass, Ore. – September 18, 2026 -- Becklin Holdings has acquired Chief Avionics, an FAA-certified avionics repair station based at Grants Pass Airport (3S8) in Southern Oregon, adding certified aircraft maintenance capabilities and a physical airport footprint to its aerospace and defense portfolio. Financial terms of the transaction were not disclosed.

Acquisition adds FAA-certified repair station status to Becklin's growing platform

Chief Avionics' FAA certification authorizes the company to perform specialized maintenance and alterations on aircraft and aviation equipment under federal requirements. The company will retain its name and continue operating from its Grants Pass Airport location, providing avionics installation, upgrades, service, and over-the-counter product sales to general aviation aircraft owners and operators. Its core focus spans navigation, communications, and other advanced aircraft electronic systems.

Adjmi-Led Investor Group Acquires Iconic Retailer The Limited

New York – September 15, 2026 -- A group of private investors led by Harry Adjmi, CEO of One Step Up, has acquired The Limited, the American women's fashion brand founded in 1963.

Adjmi group adds The Limited to a portfolio that includes New York & Company, Fashion to Figure and Hard Tail

The deal brings one of America's most recognized apparel names under the same ownership group that already controls New York & Company, Fashion to Figure and Hard Tail. The acquisition extends Adjmi's strategy of buying established brands with strong consumer recognition and rebuilding them for long-term growth.

The Limited built its reputation on tailored separates and career wear for American women

The Limited became known for polished apparel, coordinated collections and workwear aimed at professional women. The brand's identity centered on accessible, sophisticated dressing for office and everyday life.