TPG RE Finance Trust has shown price strength in July, up by 11%, benefiting from the trending small-cap rotation and value rotation in the market. Improved yield curve and potential rate cuts could be positive for mREITs like TRTX, driving up stock prices. TRTX is also expected to participate in the strong REIT rally as it is picking up momentum.
TPG Inc. (TPG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Australia's competition watchdog has started an informal review of the network sharing deal between TPG Telecom and Optus, owned by Singapore Telecommunications , the regulator said on Friday.
German property lender Aareal Bank will book a gain of around 2 billion euros ($2.14 billion) after it sells its tech unit Aareon to private equity firm TPG and investor CDPQ, it said in announcing the deal on Monday.