5 hours ago

Residential asking prices in the UK recorded a stronger-than-usual rise in May, according to property portal Rightmove, even as global uncertainty linked to the Iran conflict continued to affect sentiment. Average asking prices increased 1.2% month-on-month, above the typical seasonal rise seen during this period. Mortgage rates also eased slightly, offering some relief to buyers. However, annual price growth remained negative, while sales activity stayed mixed. The number of homes available for sale continued to remain at its highest level in more than a decade, indicating that supply in the market is still elevated.Read more

6 hours ago

• Indian Hotels Company (IHCL) has signed a 105-key brownfield gateway resort project in Bharatpur, Rajasthan.
• The company said Bharatpur is witnessing rising demand for experiential tourism, destination weddings and MICE activities due to its strategic location and bird sanctuary.
• With the new signing, IHCL’s Rajasthan portfolio will increase to 67 hotels, including 24 under development.
• Separately, Hilton has signed a 96-key Hilton Garden Inn hotel in Kompally, Hyderabad, which is expected to open in 2028.
• Hilton said it plans to significantly expand its India portfolio in the coming years, targeting both major gateway cities and emerging business destinations.Read more

7 hours ago

• Australia’s Labor government is facing voter backlash after proposing major changes to property investment taxes in its latest budget.
• The reforms include limiting capital gains tax discounts and negative gearing benefits to address housing affordability and intergenerational inequality.
• Recent polls showed many voters believe the measures could negatively impact the economy, with strong opposition coming from older Australians, homeowners and property investors.
• Despite criticism over breaking earlier election promises on housing taxes, Prime Minister Anthony Albanese remained the preferred leader in one of the surveys.
• Support for the far-right One Nation party increased following the budget announcement, while younger Australians and renters were comparatively less critical of the proposed reforms.Read more

8 hours ago

Managed office space operators Table Space and The Executive Centre (TEC) are expanding their commercial real estate footprint across South India amid rising demand for flexible workspaces from technology firms and global capability centres (GCCs). Table Space has added close to five lakh sq ft across Hyderabad’s key office markets including HITEC City and Kokapet. TEC has announced new centres across Bengaluru, Hyderabad and Chennai, adding around 4.65 lakh sq ft and over 6,000 workstations. The expansion reflects continued demand for Grade A managed office spaces and enterprise-focused flexible workspace solutions in major IT hubs.Read more

8 hours ago

Investment activity in India’s hotel sector continued to remain strong during the first quarter of 2026, supported by growing investor confidence and rising demand for hospitality assets. According to a recent report by JLL, hotel investments rose 58 per cent year-on-year to nearly USD 185 million during the January-March period. The report highlighted increasing participation from institutional investors, private equity firms, hotel companies and high net-worth individuals. Large transactions, expansion plans by organised hotel operators and new development opportunities around airports and commercial hubs are also contributing to sustained investment momentum across both metro and emerging cities.Read more

9 hours ago

Abu Dhabi-based Modon Holding has partnered with Montage Hotels & Resorts to launch an ultra-luxury hospitality and branded residences project at Ras El Hekma on Egypt’s Mediterranean coast. The development, named Montage Ras El Hekma, will mark the hospitality group’s entry into the Egyptian market and introduce branded residences for buyers in the fast-growing coastal destination. The project comes as Ras El Hekma continues to attract major regional and international investments following large-scale tourism and infrastructure development plans announced over the past year.Read more

11 hours ago

• Argentum AI has signed a USD 2.5 billion agreement with cloud gaming company Boosteroid and real estate firm DL Invest Group for the development of a 300-megawatt data centre project in Europe.
• The project will involve deployment of large-scale GPU infrastructure, including future integration of next-generation systems from NVIDIA.
• The companies stated that the project is expected to become one of the largest independently developed AI infrastructure initiatives in the European market.
• The agreement reflects growing global demand for AI compute infrastructure amid increasing investment in hyperscale data centres and cloud-based artificial intelligence systems.
• Argentum AI said it is currently engaging with financial institutions and investment banks to arrange large-scale funding support for future AI infrastructure deployment projects.Read more

13 hours ago

• National Bank for Agriculture and Rural Development has acquired leasehold rights for a commercial complex in Bandra-Kurla Complex, Mumbai, from Mahanagar Telephone Nigam Limited for INR 350.72 crore.
• The transaction, registered in May 2026, involves an unexpired lease period of around 52 years for a property originally leased by Mumbai Metropolitan Region Development Authority in 1998.
• The asset comprises nearly 2,680 sq m of land and over 4,021 sq m of built-up space spread across two buildings at BKC Plot R-4.
• NABARD has taken over the property for institutional use and will directly hold the sub-lease under MMRDA.
• The financial institution will also assume future liabilities related to ground rent, taxes, maintenance charges and transfer-related payments from March 30, 2026 onwards.Read more

17 hours ago

• ITC Hotels reported a 23.1% year-on-year rise in consolidated net profit to INR 317.43 crore for the quarter ended March 2026.
• Revenue from operations increased to INR 1,253.70 crore during the January–March period, while total expenses also rose to INR 895.35 crore.
• The company has signed an agreement to acquire 100% stake in Zuri Hotels and Resorts for an enterprise value of INR 205 crore on a cash-free, debt-free basis.
• The acquisition includes ‘The Zuri Kumarakom, Kerala Resort & Spa’, a 72-key luxury resort spread across 18 acres in Kerala, which will undergo renovation and rebranding.
• During FY26, ITC Hotels signed 33 hotels with over 3,300 keys and reiterated its target of operating 250 hotels with more than 22,000 keys by 2031 under its asset-right expansion strategy.Read more

19 May 2026

Realty Income has announced its 671st consecutive common stock monthly dividend, continuing one of the longest dividend payment records among real estate investment trusts (REITs). The company has built its reputation around stable and regular shareholder payouts backed by income-generating commercial real estate assets across the United States and Europe. The latest announcement reflects the company’s continued focus on predictable cash flows and long-term investor returns despite ongoing pressure on global real estate and financing markets. Realty Income is widely known among investors for its monthly dividend model and consistent distribution track record.Read more

19 May 2026

India’s grade-A office market recorded healthy growth in the first quarter of 2026, with net office absorption rising 5 per cent year-on-year to 13.5 million sq ft across the top seven cities, according to Anarock. Bengaluru, Hyderabad and Chennai led commercial real estate demand, while vacancy levels declined due to sustained leasing activity and controlled new supply. Global capability centres (GCCs) remained the biggest office space occupiers during the quarter, contributing nearly half of total gross leasing. Office rentals also moved up across major markets as companies continued to prefer premium office developments in key business districts.Read more

19 May 2026

• BuzzWorks has launched a new 16,000 sq ft managed office space in Mysuru with over 500 seats.
• The facility is located at Brigade Vantage on Vinoba Road and targets GCCs, startups and enterprise clients.
• The company is expanding its flexible workspace portfolio across Mysuru, Bengaluru and Chennai during FY27.
• Growing demand for premium managed offices in tier-II cities is driving expansion beyond metro markets.
• BuzzWorks had earlier expanded into Hyderabad and is targeting significant growth in South India’s flexible office market.Read more

19 May 2026

Adani Airport Holdings has entered into a partnership with IHG Hotels & Resorts to develop five hotels across Jaipur, Mangaluru, Thiruvananthapuram and the Mumbai Metropolitan Region. The proposed developments will add nearly 1,500 hotel keys under multiple brands, including the India debut of IHG’s luxury lifestyle brand Kimpton Hotels & Restaurants. The projects will be part of airport-linked mixed-use developments being planned by Adani Airport Holdings. The move comes amid rising travel demand and growing investments in airport-led urban infrastructure and hospitality projects across India.Read more

28 Dec 2025

Commercial real estate in 2025 saw substantial activity from celebrities and business leaders, highlighting Mumbai as the focal point of high-value property investments. Transactions included multi-unit acquisitions, land sales, and long-term leases, demonstrating confidence in premium office, retail, and mixed-use properties. Notable deals involved acquisitions by Puravankara Ltd founder, land sale by Jeetendra's family, leases by Kajol and Manoj Bajpayee, and purchases by Suryakumar Yadav. These investments reflect strategic planning, long-term rental potential, and the continued growth of India's commercial property sector.Read more

16 Oct 2025

Brick & Bolt, India's leading tech-enabled construction company, has launched GARANT, an integrated real estate consultancy platform aimed at ensuring predictable, profitable, and compliant outcomes for developers, landowners, and investors. The initiative, unveiled earlier this month, extends the company's expertise from construction to advisory and project execution. Through advanced AI tools, milestone-based funding, and a compliance-driven framework, GARANT seeks to eliminate inefficiencies and uncertainties in India's fragmented real estate development process.Read more

03 Sep 2025

India's office real estate market is strengthening, with demand reaching 34.5 million sq ft in H1 2025, according to the CREDAI-CRE Matrix report. Vacancy rates fell by 210 basis points year-on-year, driven by Global Capability Centres (GCCs) and steady domestic absorption. Bengaluru, MMR, Delhi-NCR, and Hyderabad led activity, with IT/ITeS (24%), BFSI (20%), and co-working (19%) dominating leasing. Hyderabad accounted for 29% of co-working demand and is on track to surpass MMR in total stock. Pune and Hyderabad together supplied over half of new additions, while Pune and Bengaluru generated 40% of demand. Strong leasing in NCR and upcoming supply in Ahmedabad signal continued resilience.Read more

02 Sep 2025

UrbanVault has expanded its operations with the opening of an 80,000 square feet co-working centre at Manyata Tech Park, Bengaluru, featuring 2,000 desks. The company leased the Grade A office space from Embassy Group and has already onboarded clients such as Cloud Odyssey, Pioneer, and SRM Tech. CEO Amal Mishra highlighted the location's importance in Bengaluru's enterprise ecosystem and outlined plans for continued national expansion. With this launch, UrbanVault manages over 2.58 million square feet and more than 42,000 seats across major Indian cities, achieving a turnover of INR 120 crore in 2024-25.Read more

02 Sep 2025

Hong Kong's retail market showed steady growth in July, with sales by value rising 1.8% and volume increasing 1%, marking the third consecutive month of gains. Total retail sales for the first seven months remain below last year's level, but government officials expect consumer confidence to stay stable, supported by tourism promotion and large-scale events. Tourist arrivals, particularly from mainland China, increased significantly, although many trips were brief. Jewellery and luxury goods led growth, while clothing and footwear showed small improvements, reflecting a cautious but steady recovery in consumer spending and retail activity.Read more

02 Sep 2025

Star Localmart, the retail arm of Sanjay Ghodawat Group, has acquired Bengaluru-based DusMinute, a gated community retail chain, for an undisclosed amount. The deal adds 40 outlets to its network, boosting its footprint to 170 stores, making it the largest regional retail player in Karnataka. The company, already eyeing revenue of INR 5,000 crore in the next five years, has plans to scale up to 3,000 stores by 2030 across multiple states.Read more

02 Sep 2025

According to a report by Knight Frank India and NAREDCO, aerocities surrounding major Indian airports are set to become strong economic hubs. With air passenger numbers expected to rise further, non-aeronautical revenues from retail, hospitality, and leasing could touch USD 29.5 bn annually, up 26 percent from current levels. Airports developed under the PPP model already account for the majority of such income, and hubs like Delhi and Mumbai are matching international benchmarks in per-passenger earnings. Aerocities are now viewed as long-term growth engines, offering stable income, real estate development, and increased global connectivity.Read more