Damora Therapeutics Grants Inducement Awards To Three New Employees

OUE REIT is buying a 50% stake in Sydney's Salesforce Tower from Ping An for A$864M, increasing its ownership to 69.9%. The deal, valued at A$1.73B, is funded by new borrowings and proceeds from selling Crowne Plaza Changi Airport. OUE REIT expects the purchase to be 3.2% accretive to distribution per unit for H1 2024, but may cut distributions by 0.9% in 2025.

Brazilian airline Azul secured a R$2 billion (US$397 million) loan with federal credit-risk cover for jet fuel purchases. The loan, part of Azul's restructuring plan, aims to address high fuel prices impacting margins. American Airlines, holding 7.9% of Azul's shares, is affected. Azul's CFO cited fuel costs as delaying recovery, with capacity cuts expected for 2026.

NatWest has allocated £300m to two Midlands housing providers, Futures Housing Group and Amplius, for affordable housing projects. The funds will support new home construction and existing property improvements. According to NatWest, the investment aims to enhance housing quality and sustainability.

Meta (META) announced a share structure change, issuing new Class C shares, allowing Mark Zuckerberg to sell a portion to potentially pay a proposed 5% billionaire tax in California. The tax's outcome is uncertain, with polls showing a close race. Ocado (OCDO) shares hit a 52-week high after Morgan Stanley and JP Morgan raised their price targets, with Ocado's CEO Tim Steiner's stake increasing in value.

Hyperliquid Strategies tripled its share buyback program to $100 million, with shares trading below net asset value. The company holds $HYPE tokens and its stock, $PURR, trades at a 0.89x multiple to NAV. The buyback aims to retire 3.8% of shares, offering per-share accretion. The decision reflects a balance between buybacks and $HYPE accumulation, with potential impacts on staking yields and NAV.

Strawberry Fields REIT CEO highlighted growth strategy, 100% rent collection, and operator financial health. The company focuses on skilled nursing facilities, benefiting from aging demographics and regulatory barriers. It closed a $200M credit line, has low leverage, and trades at a discount to peers due to limited liquidity. The company generates $74M in AFFO, with a 10.5x AFFO valuation.