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Langdon Canadian Smaller Companies Portfolio Q1 2026 Investor Update

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Langdon Canadian Smaller Companies Portfolio Q1 2026 Investor Update

Editor’s note: Seeking Alpha is proud to welcome Langdon Equity Partners as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more »

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Dear Partners,

The Canadian Smaller Companies Fund declined 1.5% in the first quarter of 2026, compared to a 7.3% increase for the benchmark.

Langdon Canadian Smaller Companies Portfolio

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Net Performance ¹(CAD, Class F) Q1 2026 1 Year 3 Year Since inception ²
Langdon Canadian Smaller Companies Portfolio ³ -1.5% 27.1% 13.3% 13.7%
MSCI World Small Cap Net Index 7.4% 52.2% 25.5% 22.7%

Net Calendar Year Performance(CAD, Class F) ¹ 2025 2024 2023 2022 ²
Langdon Canadian Smaller Companies Portfolio ³ 19.7% 13.1% 15.8% 2.6%
MSCI World Small Cap Net Index 42.5% 24.3% 10.4% -0.7%

Over the past several quarters, we have discussed how the Canadian market has been driven largely by gold-related equities, with that narrative continuing to influence returns. We have also outlined why the core tenets of Langdon’s approach lead us away from businesses where revenues are primarily dependent on inputs outside of management’s control.

What we have not emphasized and what is worth highlighting is the common thread between what gold investors seek and what we seek at Langdon: scarcity.

For gold investors, scarcity is straightforward. It is rooted in the finite supply of the underlying asset.

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At Langdon, we think about scarcity differently.

We look for businesses where scarcity is reflected in a combination of characteristics that are difficult to replicate:

  • Resilient and compounding free cash flow
  • Strong balance sheets
  • Talented and aligned management teams
  • Attractive valuations relative to intrinsic value

Individually, these attributes are not rare. In combination, they are.

In our view, it is this combination that allows businesses to adapt, evolve, and compound value over time.

Portfolio Attribution

Performance during the quarter was driven by the following key contributors and detractors across the portfolio.

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Leading contributors included:

  • PrairieSky Royalty Ltd. — a royalty business generating revenue from oil and gas production without direct operating exposure
  • Logan Energy Corp. — a growing platform focused on Western Canadian oil and gas development
  • EQB Inc. — a challenger bank continuing to scale deposits and lending through its digital platform

Detractors included:

  • TerraVest Industries Inc. — a diversified industrial business serving energy and infrastructure markets
  • Definity Financial Corporation — a P&C insurer focused on disciplined underwriting and long-term book value growth

In the case of the detractors, short-term share price movements diverged to varying degrees from underlying business performance. Our focus remains on the latter.

Company Commentary – Prairesky Royalty LTD.

PrairieSky Royalty Ltd. embodies the core tenets of scarcity that we believe underpin successful long-term investing. Our history with this company (slightly) predates its 2014 IPO. We wanted to get more time with the very talented CEO before the 100+ meeting roadshow, so we arranged to meet for coffee at the Starbucks on Yonge and King just before the day started at 7 am. Sometimes, very unique leadership teams and assets require very unique access.

The company owns one of the largest portfolios of fee simple mineral title in Canada. Unlike traditional energy companies, PrairieSky does not operate wells or spend money drilling, completing or tying in wells. Instead, it collects royalties on production from third-party operators across its land base.

This model results in a business with high margins and resilient free cash flow. Because PrairieSky does not bear the capital costs of drilling and is not exposed to operational execution risk, its economics are structurally different from those of traditional producers.

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The strength of the business is rooted in its low capital intensity. With no requirement to fund development activity, PrairieSky maintains flexibility through cycles while preserving the ability to allocate capital toward acquiring additional royalty interests.

Management’s role is not to operate assets, but to allocate capital and manage the asset base with discipline. Over time, outcomes are driven by decisions around royalty structures, acquisitions, and the stewardship of a finite resource.

The asset base itself is difficult to replicate. PrairieSky’s land position has been assembled over decades and represents a finite resource with perpetual ownership, providing long duration exposure to production without requiring ongoing capital investment.

Importantly, the business benefits from industry activity without requiring capital, a combination that is difficult to replicate. We have already earned a handsome return on our investment with this company, but we felt that coming into 2025, the liquids growth and corresponding cash flows were not being appreciated by the market, so we decided to add to our investment, and it’s now the largest holding in the fund.

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In our view, PrairieSky reflects the type of business we seek to own: one where resilient cash flows, capital efficiency, and disciplined capital allocation support long-term compounding of free cash flow per share.

Looking Ahead

Periods like the past quarter are frustrating. They are also part of the price of investing with discipline.

We do not build the portfolio around forecasts of commodity prices, interest rates, or macroeconomic outcomes. Our returns do not depend on getting those calls right.

Instead, we focus on owning a concentrated group of businesses that can compound free cash flow per share over long periods, with strong balance sheets and management teams we trust to allocate capital well.

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That will sometimes lead to periods of divergence, particularly when markets reward a narrow set of exposures. We are comfortable with that. It is a feature of a differentiated approach, not a flaw. At quarter-end, amid all the volatility and narratives, we sit right around our targeted return since inception of 15% and are very comfortable with the risk we have taken to deliver it.

Our process remains unchanged. We continue to do what we have always done: concentrate capital behind high-quality businesses and let time work in our favour.

Greg Dean, Founder and Lead Investor


References

  1. Performance as at December 31, 2025. Returns greater than one year are annualized. Past performance is not indicative of future performance. Please see the important information in the endnote below.
  2. Since inception date of August 26, 2022.
  3. LEP110 (Class F) – performance is net of fees.

DISCLAIMER

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This article is prepared by Langdon Equity Partners. Content in respect of the Langdon Smaller Companies Fund (ARSN 657 901 614 (the Fund) is issued by Pinnacle Fund Services Limited ABN 29 082 494 362 AFSL 238 371 (‘PFSL’) as responsible entity of the Fund. PFSL is not licensed to provide financial product advice. It contains general information only, including any companies identified by name and/or their respective trademarks. It is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice before doing so.

All statistical figures (exact and/or approximate) referenced throughout this article including all tables, charts and graphs, have been derived from publicly available sources, our own internal research/analysis, or a combination of both, unless described otherwise. Underlying data can be provided upon written request.

Past performance is for illustrative purposes only and is not indicative of future performance.

While Langdon Equity Partners Limited (‘Langdon’) and PFSL believe the information contained in this communication is reliable, no warranty is given as to its accuracy, reliability or completeness and persons relying on this information do so at their own risk. Subject to any liability which cannot be excluded under the relevant laws, Langdon and PFSL disclaim all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information. This disclaimer extends to any entity that may distribute this communication.

For Australian Clients:

The Product Disclosure Statement (‘PDS’) and Target Market Determination (‘TMD’) of the Fund are available via the links below. Any potential investor should consider the PDS and TMD before deciding whether to acquire, or continue to hold units in, the Fund.

Link to the Product Disclosure Statement: here

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Link to the Target Market Determination: here

For historic TMD’s please contact Pinnacle Client Service Phone 1300 010 311 or Email service@pinnacleinvestment.com

For Canadian Clients:

Important information about each Langdon mutual fund is contained in its prospectus, fund facts document and in its management report on fund performance. Any potential investor should review these documents prior to making any investment decision relating to such fund. You can view copies of these documents by following the links below:

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Link to the Langdon Global Smaller Companies Portfolio Disclosure Documents: here

Link to the Langdon Canadian Smaller Companies Portfolio Disclosure Documents: here



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Editor’s Note: The summary bullets for this article were chosen by Seeking Alpha editors.

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Business

Building Tech That Transforms Old Industries

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Building Tech That Transforms Old Industries

A Young Athlete Turned Tech Founder

Lucas Jenkins did not start in tech. He started on the field.

“I grew up playing hockey and soccer almost every day,” he says. “Sports taught me discipline early.”

Born in Vancouver and raised in Georgetown, Ontario, Jenkins had a competitive childhood. He won multiple hockey championships and later played varsity soccer at Wilfrid Laurier University. At the same time, he earned strong grades in the Business Administration program.

Balancing school and sports was not easy. But it shaped how he works today.

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“You learn how to manage pressure,” he says. “You learn how to stay consistent even when things get hard.”

That mindset would later carry into business.

How Lucas Jenkins Got Into Entrepreneurship

After university, Jenkins did not follow a traditional path. He chose to build something of his own.

“I wanted to apply what I learned in real time,” he says. “Starting a company felt like the fastest way to do that.”

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His first venture became a profitable business within a few years. That early success gave him confidence to go deeper into entrepreneurship.

By 2020, Jenkins had shifted his focus to the technology sector. He saw an opportunity.

“A lot of industries were still operating the same way they had for decades,” he says. “There was a clear gap.”

Building JEMI Technology & Consulting

Jenkins co-founded JEMI Technology & Consulting to help businesses modernize.

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The company focuses on artificial intelligence and digital transformation. Its goal is simple. Help traditional companies adapt to new tools.

“We work with businesses that know they need to change,” he says. “They just don’t know where to start.”

At JEMI, Jenkins leads business development and strategy. His role is not just technical. It is about relationships.

“A big part of my job is understanding people,” he explains. “Technology only works if it solves real problems.”

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This approach has helped the company grow in a competitive space.

The Rendoodle Story: Tech Meets Construction

One of Jenkins’ most notable projects came from a different idea.

He co-founded Rendoodle, a platform focused on home renovation and building supplies. The goal was to simplify a process that many people find stressful.

“Planning a renovation used to be complicated,” he says. “We wanted to make it easier from your phone.”

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Rendoodle allowed users to plan and manage projects digitally. It brought modern tools into a very traditional industry.

The concept worked. The company gained traction and was eventually sold.

For Jenkins, the experience reinforced a key lesson.

“There is a lot of value in improving old systems,” he says. “You don’t always need to invent something new. Sometimes you just make it better.”

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Why Technology in Traditional Industries Matters

Jenkins continues to focus on industries that are often overlooked by tech founders.

Construction and building supplies are not known for innovation. But that is exactly why he sees potential.

“These industries are essential,” he says. “But they have been slow to adopt technology.”

He believes change is already happening. And he wants to be part of it.

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“When you bring the right tools in, you can save time, reduce stress, and improve outcomes,” he explains.

His work sits at the intersection of technology and real-world use. That balance defines his leadership style.

Leadership Style and Daily Drive

Jenkins describes himself as energetic and driven. He prefers to stay busy.

“I like being in motion,” he says. “Whether it’s work, fitness, or learning something new.”

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His background in sports still plays a role. It shapes how he leads teams and handles challenges.

“Consistency matters more than intensity,” he says. “You show up every day and do the work.”

He also values collaboration. Many of his projects involve partnerships and team effort.

“No one builds anything meaningful alone,” he adds.

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Beyond Business: Community and Mentorship

Outside of work, Jenkins stays connected to his community.

He supports children’s healthcare initiatives in Toronto and works with youth sports programs across Ontario.

“I had access to sports growing up,” he says. “Not everyone does. I want to help change that.”

He also speaks to students about mental health and personal challenges.

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“I try to be honest about my experiences,” he says. “People relate to real stories.”

These efforts reflect a broader view of leadership. For Jenkins, impact goes beyond business results.

What’s Next for Lucas Jenkins?

Lucas Jenkins continues to focus on growth, both personal and professional.

He is still involved in JEMI Technology & Consulting. He is also exploring new opportunities in tech and innovation.

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“I’m always looking for ways to improve and build,” he says.

His interest in aviation has also shaped some of his recent work, including exposure to technology initiatives connected to Air Canada.

Looking ahead, his focus remains clear.

“I want to keep working on projects that solve real problems,” he says. “That’s what keeps me motivated.”

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Lucas Jenkins represents a new type of entrepreneur. One who blends discipline from sports with a practical approach to technology. His work shows that innovation does not always come from starting fresh. Sometimes, it comes from improving what already exists.

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General Motors (GM) earnings Q1 2026

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General Motors (GM) earnings Q1 2026

The General Motors global headquarters at Hudson’s Detroit in Detroit, Michigan, US, on Monday, Jan. 12, 2026.

Jeff Kowalsky | Bloomberg | Getty Images

DETROIT – General Motors is set to report its first-quarter earnings before the bell Tuesday.

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Here’s what Wall Street is expecting, based on a survey of analysts by LSEG:

  • Earnings per share: $2.62 adjusted
  • Revenue: $43.68 billion

Those results would mark a roughly 1% decline in revenue compared with a year earlier and a 5.8% decrease in adjusted earnings per share.

GM’s 2025 first-quarter results included $44.02 billion in revenue, net income attributable to stockholders of $2.78 billion, and adjusted earnings before interest and taxes of $3.49 billion.

Aside from earnings and any changes to the automaker’s 2026 guidance, investors will be monitoring effects from the Iran war, tariff impacts and additional charges related to the automaker’s pullback in all-electric vehicles.

After announcing $7.6 billion in EV write-downs last year, the automaker said it expected additional charges but at a lower level than in 2025.

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GM’s 2026 earnings guidance is better than its expectations and results from last year. It includes net income attributable to stockholders of between $10.3 billion and $11.7 billion; adjusted earnings before interest and taxes of $13 billion to $15 billion; and EPS of between $11 and $13 for the year.

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Charles Foust on Strategy, Leadership, and Student Outcomes

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Charles Foust on Strategy, Leadership, and Student Outcomes

Charles Foust is an Executive Leadership Coach and former superintendent with more than 20 years of experience in public education. He has built a career leading large school systems and delivering measurable academic results.

His work has taken him across multiple states, where he has guided districts through both growth and turnaround efforts.

Foust began his career in the classroom before moving into school leadership. As a principal, he led both high-performing and struggling schools. At Fondren Middle School in Houston ISD, he helped transform the campus into a recognised programme, earning state distinctions and securing International Baccalaureate authorisation within three years.

He later moved into district leadership roles, including positions in Houston ISD and Union County Public Schools. These roles gave him experience managing large teams, improving school performance, and coaching leaders across multiple campuses.

Foust went on to serve as Superintendent in both Kansas City Kansas Public Schools and New Hanover County Schools in North Carolina. In these roles, he led systems serving more than 24,000 students and managed budgets of up to $600 million. His leadership helped drive double-digit academic gains and improve district-wide outcomes.

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Today, Foust works as an Executive Leadership Coach. He focuses on developing leaders and strengthening systems. His approach is centred on clarity, accountability, and consistent execution, positioning him as a respected voice in education leadership.

An Interview with Charles Foust: Leading Change in Education

Q: Can you take us back to the beginning of your career?

I started in the classroom. That experience shaped everything for me. It gave me a clear view of what students and teachers actually face every day. From there, I moved into school leadership, and I quickly realized that systems matter just as much as individual effort.

Q: What was your first major leadership breakthrough?

One of the key moments was at Fondren Middle School in Houston ISD. It was a turnaround situation. We focused on structure, expectations, and consistency. Within the first year, we saw strong results and earned state distinctions. Over time, we became an authorized International Baccalaureate school.

Q: You have led multiple large districts. What stands out from that experience?

Clarity stands out. When I led Kansas City Kansas Public Schools, we focused on a small number of high-impact priorities. Several schools achieved double-digit growth in one year. That helped move the district away from being one of the lowest performing in the state.

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Q: What did you accomplish in New Hanover County Schools?

We focused on alignment. We secured funding to raise teacher salaries, which made the district more competitive. We also won a multi-million-dollar  literacy grant. That allowed us to place literacy facilitators in every primary school. Academic proficiency increased from 50 percent to over 61 percent, and most schools met or exceeded growth targets.

Q: How do you define leadership in education?

Leadership is about improving individual lives while transforming systems. You cannot separate the two. If the system is weak, outcomes will always be limited.

Q: What challenges do education leaders face today?

There is a lot of pressure and not always enough support. Leaders are expected to deliver results quickly. At the same time, they are managing people, resources, and expectations. Without the right structure, it becomes difficult to sustain progress.

Q: What is your approach to developing leaders?

I focus on coaching and consistency. I meet regularly with leaders and help them think through decisions. It is not about giving answers. It is about building their ability to lead effectively over time.

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Q: What lessons have stayed with you throughout your career?

Focus on the Focus. Do not try to fix everything at once. When leaders stay disciplined and aligned, results follow.

Q: What are you focused on now?

I am working as an Executive Leadership Coach. I support schools, district leaders and boards of education in improving performance and goverance. I bring real experience into those conversations, which helps leaders connect strategy with execution.

Q: What advice would you give to aspiring leaders?

Stay committed to learning. Leadership is not a one-time achievement. It is something you build every day through experience, reflection, and action.

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Business

Building a Business on Grit and Integrity

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Building a Business on Grit and Integrity

From Job Site to Business Owner

Joseph Denick didn’t take a traditional path to success. He built it step by step, job by job.

He grew up in Saint Petersburg, Florida, and graduated from Pinellas Park High School. Right out of school, he went straight into plumbing. No shortcuts. No waiting around.

For 15 years, he worked in the field. Long days. Hard labor. Real-world learning.

“It was all hands-on,” Denick says. “You learn fast when you’re out there every day solving problems.”

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That experience became his foundation. It also gave him clarity. He knew he didn’t just want a job. He wanted to build something of his own.

Passing the Test—and Raising the Stakes

Becoming a state-licensed master plumber was a turning point. But it wasn’t easy.

“The plumbing test was hard,” he says. “It pushed me.”

Still, he passed. And with that came a bigger decision—start a business or stay comfortable.

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He chose the harder path.

About nine years ago, Denick launched his own plumbing company. No big team. No safety net. Just skill, reputation, and a willingness to figure things out in real time.

“Starting a business was learning on the fly,” he says. “You’re balancing everything—family, goals, and the unknown.”

That early phase tested him. But it also shaped how he leads today.

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Building a Reputation That Scales

In service industries, reputation is everything. Denick understood that early.

Today, his company has over 1,200 five-star reviews. That didn’t happen by accident.

“I do my best to treat my customers fairly with the utmost integrity,” he says.

That mindset became his strategy.

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No complex marketing funnels. No gimmicks. Just consistent service and trust.

Over time, that approach compounded. More satisfied customers led to more referrals. More referrals led to steady growth.

In a crowded trade industry, that kind of reputation stands out.

Leadership Through Consistency and Discipline

Denick doesn’t describe himself as a flashy leader. His approach is simple and repeatable.

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“Consistency, integrity, patience,” he says.

Those three traits show up in how he runs his business and his life.

He doesn’t chase shortcuts. He focuses on showing up every day and doing the work.

“No specific technique,” he explains. “I just chip away at everything as it comes.”

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That mindset mirrors his background in martial arts.

He has competed in over 20 kickboxing matches. He has trained in jiu-jitsu, boxing, and MMA. He also earned three amateur world kickboxing titles.

Those experiences taught him discipline. They also taught him how to stay calm under pressure.

Today, he still trains—but not competitively.

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“I love working out and elevating others to motivate them,” he says.

That same energy carries into his business leadership.

Balancing Business, Family, and Purpose

For Denick, success isn’t just about revenue or growth. It’s about balance.

He is a husband and a father of two daughters. That role shapes how he makes decisions.

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“My family,” he says when asked what matters most.

Running a business while staying present at home isn’t easy. It requires trade-offs and constant adjustment.

“Balancing family, personal goals, and business goals—that’s always a challenge,” he admits.

But that challenge also gives him purpose.

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“It helps give me purpose,” he says.

That sense of purpose drives his long-term thinking. It’s not about quick wins. It’s about building a stable life for the people around him.

Decision-Making and Staying Grounded

Denick doesn’t rely on complicated systems when making decisions. He keeps it personal and grounded.

“I pray about it. I ask God, my wife, friends, parents,” he says.

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That approach reflects trust in his circle. It also shows humility.

He values feedback and uses it to improve.

“Feedback in general,” he says, when asked what helps him grow.

In a business environment where many leaders try to control everything, Denick takes a different path. He listens. Then he acts.

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A Quiet Impact in the Community

Denick doesn’t seek attention for his giving. In fact, he prefers not to talk about it.

But his actions speak clearly.

He contributes significantly to his church each year. Not for recognition, but because it aligns with his beliefs.

“That’s supposed to be between myself and God,” he says.

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That mindset reinforces a consistent theme in his story—doing the right thing, even when no one is watching.

What Sets Joseph Denick Apart

Denick’s story isn’t built on hype. It’s built on repetition, discipline, and trust.

He didn’t scale through shortcuts. He scaled through service.

He didn’t build a brand through promotion. He built it through reputation.

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And he didn’t lead through noise. He led through consistency.

“Keep a consistent attitude,” he says.

In today’s business landscape, that might be his biggest edge.

Simple principles. Applied daily. Over time.

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That’s how Joseph Denick turned a trade into a business—and a business into a lasting impact.

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Australia to charge Big Tech companies 2% levy unless they strike local news deals

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Australia to charge Big Tech companies 2% levy unless they strike local news deals


Australia to charge Big Tech companies 2% levy unless they strike local news deals

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Grosvenor picks Manchester for first regional flexible workspace with redevelopment of The Hive alongside x+why

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Business Live

Property giant says there’s good momentum in city’s property market

How the x+why redevelopment at The Hive in Manchester will look.

How the x+why redevelopment at The Hive in Manchester will look(Image: x+why)

The global property giant owned by the Duke of Westminster that created the transformational Liverpool ONE complex has started work on its first directly managed flexible workspace outside London.

Grosvenor’s UK property business has started work on the property in the Northern Quarter under its £40m regional refurbishment programme. It has appointed premium property specialist and workspace provider x+why to operate more 22,000 sq. ft of flexible workspace within the Lever Street building.

The property group already works with x+why in London, where x+why has operated the social impact-led flexible workspace at Fivefields in Victoria since 2023.

The Manchester redesign will be led by x+why’s in-house design team, whydesign, and will include work from Manchester designers and artists including Aiden Donovan, Jesse Cracknell, Matt Dennis and Mima Adams. Fittings from former occupier The Arts Council will also be reused in the design to “preserve the connection to the Hive’s creative past”.

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The redeveloped building, set to launch in August, will also include a new deli and restaurant fronting Lever Street.

The Hive is part of Grosvenor’s c.500,000 sq ft regional office portfolio, which launched in 2020 and today includes sites in Manchester, Birmingham, Bristol and Leeds. The company aimed to use its experience in the London market to “create best-in-class offices in the UK’s most economically active regional cities”, and says its regional estate is now 90% occupied.

The company said it has seen good momentum in the Manchester market, with Ship Canal House nearing full occupancy after several lettings and renewals.

Fergus Evans, office portfolio director at Grosvenor Property UK, said: “The Hive is a strong example of what our regional offices strategy is designed to deliver, taking a prime asset in a great location and repositioning it to meet the evolving needs of today’s occupiers.

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“Across the portfolio, our ambition is to deliver best-in-class workspace that combines high-quality design, strong sustainability credentials, hospitality-style service and a compelling amenity offer. Manchester continues to perform strongly for us, and our investment in The Hive reflects sustained demand for well-located, high-quality offices, particularly from the city’s growing digital and creative economy.

How the Arcade area at the x+why redevelopment of The Hive in Manchester will look.

How the Arcade area at the x+why redevelopment of The Hive will look(Image: x+why)

“Combining x+why’s experience in creating design‑led, community‑focused workspaces with our approach to active asset management, we are well placed to deliver a distinctive, flexible offer that responds to local demand, broadens our occupier mix and strengthens the long-term resilience of our regional portfolio.”

Rupert Dean, CEO and co-founder of x+why, said: “We are delighted to be partnering with Grosvenor again to bring The Hive into its next chapter, following our successful partnership at Fivefields in London. It’s a building with a strong identity and history within Manchester’s creative community, and we see a huge opportunity to further that legacy.

“Our focus is on creating spaces where work, hospitality and community come together seamlessly. The Northern Quarter is one of the most exciting and entrepreneurial parts of the UK, and The Hive will reflect that energy, offering a workspace that is not only functional, but inspiring and socially driven.”

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Grosvenor designed and built the huge Liverpool ONE retail and leisure complex, which opened in 2008. It sold its 23% stake in the development in 2024.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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10 Revolutionary Features Expected in Sony’s 2027 Console

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Facebook's new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp, Oculus in this illustration picture taken October 28, 2021.

TOKYO — As anticipation builds for Sony’s next-generation gaming hardware, fresh leaks and analyst reports point to a PlayStation 6 launch window in late 2027 or early 2028, with a host of ambitious new features designed to push the boundaries of performance, immersion, and accessibility.

PlayStation 6
PS6 Rumors: 10 Revolutionary Features Expected in Sony’s 2027 Console

While Sony has remained officially silent, supply chain sources, developer kit leaks, and industry insiders have painted a detailed picture of what gamers can expect from the PS6. Here are the 10 most significant features rumored to define Sony’s next console.

1. Next-Gen AMD Architecture with Massive Performance Leap

The PS6 is expected to feature a custom AMD Zen 6 CPU and an advanced RDNA 5 (or UDNA) GPU built on TSMC’s 3nm process. Reports suggest up to 8–10 CPU cores with 3D-stacked cache and a GPU capable of native 4K at 120fps or higher, with strong 8K upscaling potential. This represents a substantial generational leap, targeting smoother gameplay and more complex game worlds.

2. Advanced AI-Powered Graphics and Upscaling

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Building on the PS5’s PSSR technology, the PS6 is rumored to include significantly enhanced AI upscaling and frame generation. “Neural Arrays” for real-time AI processing could enable smarter upscaling, dynamic NPC behavior, and even procedural content generation. This would allow developers to create richer environments without sacrificing performance.

3. Massive GDDR7 Memory and Faster Storage

Leaked specifications point to 24–32GB of high-speed GDDR7 memory and a 2TB+ custom SSD with dramatically improved load times. Faster data transfer rates would support larger, more detailed open worlds and near-instantaneous fast travel, addressing one of the few remaining bottlenecks in modern gaming.

4. Full Backward Compatibility with Enhanced Features

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Sony is expected to emphasize seamless backward compatibility with PS4 and PS5 titles. Many games could receive automatic enhancements, including higher resolutions, improved frame rates, and ray tracing where previously unavailable. This would protect the massive existing library while encouraging upgrades.

5. Dedicated Handheld Companion Device

Multiple reports suggest Sony is developing a high-end handheld codenamed “Project Canis” that works as a companion to the PS6. The device is rumored to feature a capable AMD APU, allowing remote play with minimal latency and potentially standalone gaming for select titles. This would position Sony to compete directly with Nintendo and rumored Xbox handheld efforts.

6. Revolutionary Controller Technology

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The DualSense successor is expected to feature even more advanced haptic feedback, adaptive triggers, and possibly biometric sensors for health and immersion features. Improved battery life and a sleeker design are also anticipated, building on the already industry-leading DualSense.

7. Major Focus on Ray Tracing and Lighting

Next-generation ray tracing hardware is expected to deliver near-photorealistic lighting, reflections, and shadows in real time. Combined with AI assistance, this could dramatically raise visual fidelity without the heavy performance cost seen on current consoles.

8. Enhanced Cloud Gaming Integration

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Sony is reportedly deepening its cloud infrastructure to support seamless streaming, cross-device play, and larger-scale multiplayer experiences. The PS6 could serve as both a powerful local device and a sophisticated cloud gaming hub, blurring the lines between hardware and streaming.

9. Sustainability and Modular Design

In response to environmental concerns, the PS6 may incorporate more recyclable materials, improved energy efficiency, and a modular design allowing easier upgrades or repairs. This would align with growing consumer demand for sustainable electronics.

10. Deeper AI Integration Across the Ecosystem

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Beyond graphics, AI is expected to power smarter matchmaking, personalized recommendations, dynamic difficulty adjustment, and even in-game assistance tools. Sony’s investment in AI could make the PS6 feel more intelligent and responsive than any previous console.

Pricing and Availability Outlook

Analysts expect the base PS6 to launch between $599 and $699, with a premium “Pro” variant potentially reaching $999. Initial supply is likely to be limited due to the advanced components, following the pattern of previous PlayStation launches.

The PS6 is shaping up to be Sony’s most ambitious console yet, combining raw power, intelligent features, and ecosystem expansion. While many details remain unconfirmed, the consistent flow of credible leaks suggests Sony is preparing something truly next-generation.

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As development continues behind closed doors, excitement continues to build. Whether arriving in late 2027 or early 2028, the PlayStation 6 promises to redefine console gaming once again, blending cutting-edge hardware with intelligent software in ways that will shape the industry for years to come.

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GLU: Data Centers Serve As A Growth Catalyst (NYSE:GLU)

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GLU: Data Centers Serve As A Growth Catalyst (NYSE:GLU)

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Financial analyst by day and a seasoned investor by passion, I’ve been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, and Closed End Funds can be a highly efficient way to boost your investment income while still capturing a total return that follows traditional index funds. I created a hybrid system between growth and income and manage to still capture a total return that is on par with the S&P.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Oil prices rise 1% as no end to Iran war stand-off seems in sight

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Oil prices rise 1% as no end to Iran war stand-off seems in sight


Oil prices rise 1% as no end to Iran war stand-off seems in sight

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Britannia Hotels responds to calls to restore famous hotel ‘to former glory’

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Blackpool’s Metropole Hotel has been used as asylum seeker accommodation for five years

The Britannia Metropole Hotel in Blackpool

The Britannia Metropole Hotel in Blackpool(Image: Lancs Live)

The owners of Blackpool’s Metropole Hotel have responded after calls were made to ‘restore it to former glory’ following almost five years as a base for asylum seekers.

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Last week the Home Office confirmed that migrants currently living in the seafront property have been given notice to leave in July.

After welcoming this news, Blackpool South MP Chris Webb, a long term critic of the Metropole being used to house migrants, said the locally-listed hotel should be restored as a tourist destination after the families leave.

The MP has gone as far as to set up a petition to gather backing for his calls, which is already gaining support.

The Metropole, owned by Britannia Hotels Group, is one of Blackpool’s grandest hotels architecturally and, uniquely, is the only one located on the sea side of the famous tram tracks.

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The MP said: “The Metropole should never have lost its purpose as a tourist destination.

“No more wasted potential. No more excuses. If you care about Blackpool’s future, take 30 seconds and sign my petition. I need your support.”

Now Britannia has responded to the calls over the Metropole.

A spokesperson for the hotels group commented: “We welcome constructive conversation regarding the future of The Metropole Hotel in Blackpool and fully understand the local interest in restoring this iconic hotel as a community asset.

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“We are currently reviewing our options while giving due consideration to local perspectives, and we will share further updates with the community once a plan has been finalised.”

Former hotelier and StayBlackpool director Ian White praised the hotel group’s work in the resort and said: “I very much appreciate the immense effort the Britannia group has made across Blackpool and I trust the same ethos with follow at the Metropole once it is returned to the Britannia Group.

“With the end date stated as sometime in July, there must be a period of refurbishment before the rooms are returned to general holiday use.

“With Blackpool having such an extreme oversupply of holiday bed spaces we desperately need Chris Webb to deliver the promised Short Stay Accommodation registration scheme as a matter of urgency,

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“It is appreciated this will take time to roll out in a way that it can deliver a credible scheme, plus clarity on the powers that will be provided to the council to protect the public from unfit, possibly dangerous properties.”

Mr Webb has denied suggestions on social media that the migrants would move on to another local hotel after leaving the Metropole, stating that they would be sent to other locations on Serco sites across the country or in new-build military bases.

Mr Webb’s petition can be found at https://www.chriswebb.org/news/petition-reopen-the-metropole-hotel-as-a-tourist-destination-for-blackpool

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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