
US National Debt Hits $40tn Milestone, Doubling in a Decade
The US national debt has reached a milestone $40tn after doubling in a decade, reflecting heavy spending under both the Trump and Biden administrations.
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The US national debt has reached a milestone $40tn after doubling in a decade, reflecting heavy spending under both the Trump and Biden administrations.

Canada's Brookfield has acquired a 50-property rental apartment portfolio in Japan's major metropolitan markets, marking its entry into the country's multi-family sector.

The Canada Pension Plan Investment Board (CPPIB) has reported a 7.5% net return for the first quarter of fiscal 2027, with its net assets climbing 9% to C$863.6 billion ($623 billion).

A Macquarie-led consortium has completed a $8.3 billion buyout of Australian ports operator Qube Holdings, while Minor International has delayed its $1 billion Thai hotel REIT plan due to market conditions.

Warburg Pincus and Kio Investment Management are expanding their rental residential partnership to include purpose-built student accommodation, aiming to develop a $1.78 billion portfolio in Australia. The venture, seeded with a recently acquired Melbourne property, reflects growing demand for institutional rental housing in key cities.