Eco Buildings, the UK modular housing firm, has landed a seven-year deal with the Chilean government to supply 20,000 homes under its government social housing scheme. 

This is the deal investors will have been waiting for.

The landmark contract is worth €420 million and is the biggest validation of the firm’s modular homes concept to date. It will also generate significant revenues for the firm that still only has a market cap of £25m, even after a 75% rally on Tuesday. 

The AIM-listed company will deliver homes starting with an initial tranche of 607 houses in 2026, scaling up to 5,000 homes annually by year seven. 

The deal follows a two-year certification process and successful demonstration projects in Melipilla and Valparaíso, which were inspected by senior government officials and parliamentarians.

Under Chile’s structured framework, Eco will receive 50% deposits at the start of each housing lot, with the balance paid upon delivery and verification. This provides predictable cash flow and minimal working capital risk throughout the programme.

The Chilean government will pay a €12.75 million deposit for 50% of the first tranche of 607 homes.

To meet demand, Eco will install a new automated manufacturing line in Chile during Q2 2026, utilising its glass fibre reinforced gypsum (GFRG) panel technology.

The company plans to replicate the model across the region.

“Securing our first project in Latin America represents an important milestone for Eco Buildings and demonstrates the scalability of our revolutionary technology across new markets. Chile provides a strong regulatory framework and a strategic entry point into the wider region,” said Dr Etrur Albani, Executive Vice-Chairman of Eco Buildings.

“Our focus is on delivering high-quality, sustainable and affordable housing through an efficient, industrialised approach. We believe our technology can support governments and developers in accelerating housing delivery across Latin America in a cost-effective and environmentally responsible way.”

Segro had an encouraging third quarter, signing £22 million of new rental agreements as improving market conditions drive increased letting activity across its European warehouse portfolio.

Segro shares rose 2% in early trade on Tuesday.

The property group’s momentum accelerated through the three months to September. This represented its strongest quarter for pre-lettings since early 2024, with total new headline rent for the nine-month period reaching £53 million.

The FTSE 100 company’s modern portfolio continues to capture significant rental uplifts. Year-to-date rent reviews, renewals and regears across 170 transactions delivered an average increase of 37%, split between 49% in the UK and 8% in Europe.

An encouraging pipeline of data centre business has caught the attention of the market and made Segro one of the leading ways to gain exposure to Europe’s AI growth.

“SEGRO has had a strong third quarter, with improving occupier sentiment reflected in £22 million of new headline rent signed during the period, bringing the total signed year-to-date to £53 million,” said David Sleath, Chief Executive.

“We have made good progress in capturing the significant mark-to-market rent potential in our existing portfolio, whilst maintaining occupancy levels and retaining customers.

“Momentum continues to build in our profitable development programme. We had our strongest quarter of pre-letting activity since Q1 2024, signing £7 million of deals versus £3 million in H1 2025, and have a healthy pipeline of further projects under discussion with enquiry levels increasing post the summer. Our fully fitted data centre joint venture is on track to submit a planning application in the coming weeks, and we are progressing multiple negotiations on both powered shells and new fully fitted opportunities in the UK and Continental Europe.”

Majestic Corporation shares rose in London as the e-waste recycler announced its admission to the US OTC market.

The move aims to increase accessibility for investors in US and Asia – two geographies where the group has operational expsoure.

Majestic will keep its Aquis listing and continue to distribute announcements via the Regulatory News Service (RNS).

“We value the support of the increasing global investor community that are interested in our story at Majestic,” said Peter Lai, Founder, CEO and Chairman of Majestic.

“Trading on the OTCQB will enhance access to Majestic’s equity for investors in both the US and Asia, while improving the stock’s liquidity. We remain grateful for the continued support of our investors and look forward to the future with excitement.”

Majestic Corporation specialises in returning critical minerals to the supply through e-waste recycling activities and is expanding rapdily in the UK.

The group is aiming to process 100,000 tonnes of materials annually by 2030.

The FTSE 100 rallied on Monday as European markets tracked Asian stocks higher amid trade negotiation hopes.

London’s leading index was 0.3% at the time of writing.

“A big recovery in Asian markets helped give the FTSE 100 a lift as investors look to put a difficult week behind them,” says AJ Bell investment director Russ Mould.

Investors will be laser-focused on talks between the US and China this week. The outcome and any accompanying social media posts by the US president could set the tone for financial markets and possibly push global indices to fresh record highs.

“Market sentiment improved slightly after President Donald Trump signalled that broad tariffs on China would be unsustainable and negotiators from both sides confirmed plans for renewed talks in the coming days,” said Kudotrade’s Konstantinos Chrysikos.

“Any progress this week could reinforce risk appetite.”

There was indeed a risk-on feel to trade in FTSE 100 shares on Monday as cyclical sectors, including financials, energy and engineering, gained.

The FTSE 100’s China-focused banking stocks were among the top risers with Prudential, Standard Chartered and HSBC gaining between 1.8%-2.2%.

Babcock was the top riser with gains of 2.4% as the defence contractor looked set to snap a losing streak.

Legal & General edged lower after announcing £2bn investment to spur the regeneration of regional housing and infrastructure.

Traders booked short-term gains in Pearson after the publisher surged on Friday. Shares were down 2.2% and were at the bottom of the leaderboard.