2 hours ago

Kiku Sharda has received possession of an apartment at Skyz by Danube, a residential development by Danube Properties located in Arjan, Dubai. The fully furnished residential tower forms part of Dubai’s expanding mid-premium housing market and offers lifestyle-focused amenities targeted at both investors and end-users. The developer stated that the handover reflects continued investor interest in Dubai’s residential market, particularly among international buyers and celebrities. The development comes amid sustained demand for Dubai real estate driven by rental returns, investor-friendly regulations and ongoing infrastructure expansion across the emirate’s residential and commercial sectors.Read more

8 hours ago

• Institutional investors increased holdings in AI infrastructure, semiconductor, data centre and utility companies during the first quarter of 2026, according to SEC filings reviewed by Reuters.
• Companies such as Oracle, Arista Networks, Vertiv and Digital Realty saw strong institutional buying activity.
• Investors remained cautious on major technology firms within the “Magnificent Seven” group, including Meta and Microsoft, amid concerns over AI spending and growth sustainability.
• The software-as-a-service sector witnessed net selling pressure as investors assessed the possible impact of AI on traditional business models and profitability.
• Semiconductor stocks continued to attract strong investor interest, with more than 4,100 institutions either increasing holdings or initiating fresh positions during the quarter.Read more

10 hours ago

CSI Properties Ltd and one of its subsidiaries have entered into a subscription agreement for an additional issue of new notes to raise gross proceeds of USD 50.875 million. The fundraising move comes as several property companies continue to explore debt refinancing and liquidity management amid cautious market conditions. The company disclosed the development in a regulatory filing, stating that the agreement relates to an additional notes issuance. While detailed terms of the subscription were not disclosed, the proceeds are expected to support the company’s broader financing and operational requirements.Read more

15 hours ago

Abu Dhabi National Oil Company said the UAE’s new oil pipeline connecting Abu Dhabi to Fujairah is around 50% complete. The project is intended to expand crude export capacity outside the Strait of Hormuz and strengthen energy supply routes amid continuing geopolitical tensions in the region. ADNOC stated that the pipeline forms part of the UAE’s broader strategy to diversify export infrastructure and improve direct access to the Gulf of Oman. The development comes as Gulf energy producers increase investments in alternative export corridors, storage facilities and logistics infrastructure to reduce dependence on Hormuz-linked shipping routes.Read more

22 May 2026

South Africa-based Balwin Properties has received a formal acquisition proposal from Bidco to acquire all eligible issued shares in the company through a scheme of arrangement. The proposed transaction values each scheme share at ZAR 4.35 in cash. The offer was disclosed in a filing to the Johannesburg Stock Exchange (JSE), where the company confirmed receipt of a firm intention letter from Bidco. The development comes at a time when property companies in several global markets are witnessing consolidation amid changing market conditions, financing costs, and pressure on residential demand.Read more

22 May 2026

Rental prices in Ireland recorded a significant increase of 4.4% in the first quarter compared to the previous three months, marking the steepest quarterly rise since data tracking began in 2002. The increase comes after recent changes to the country’s rent control system, which appear to have allowed landlords to reset rents to market levels at the end of tenancies. Annual rents were 7.8% higher at the end of March and remain far above pre-pandemic levels. Supply constraints continue, even as listings rise in several cities following the regulatory update.Read more

22 May 2026

BriQ Properties REIC reported a rise in net profit for the first quarter, supported by stable operating performance and steady earnings from its property portfolio. The company’s net profit increased to EUR 3.6 million from EUR 3 million in the corresponding period last year, while EBITDA also saw a marginal rise to EUR 4.6 million. Rental income remained largely stable at EUR 5.3 million compared to EUR 5.4 million a year ago. The latest quarterly performance reflects continued resilience in the company’s income-generating real estate assets despite slight pressure on rental revenue.Read more

22 May 2026

Argosy Property Ltd has announced a fourth-quarter cash dividend of 1.6625 NZ cents per share for FY2026. The update was disclosed in a recent company filing and comes as the New Zealand-based property firm continues its regular shareholder payout cycle. The company has maintained a consistent dividend distribution approach over recent quarters amid changing market conditions and interest rate pressures affecting the broader real estate sector. Argosy Property is known for managing a diversified commercial property portfolio across New Zealand, including office, industrial and retail assets.Read more

22 May 2026

Bangladesh has approved a development budget of 3 trillion taka (around USD 24.59 billion) for the next fiscal year, marking an increase of more than 30 per cent over the current year’s allocation. The Annual Development Programme (ADP), cleared by the National Economic Council chaired by Prime Minister Tarique Rahman, will prioritise transport infrastructure, education, healthcare, agriculture, and climate-resilient growth initiatives. More than 63 per cent of the funding is expected to come from domestic resources, while the remainder will be sourced through foreign loans and grants. The approval comes amid concerns over Bangladesh’s external financing conditions following a recent outlook downgrade by Fitch Ratings and observations by the International Monetary Fund regarding data reliability.Read more

22 May 2026

Midwest Real Estate Data (MRED), one of the largest multiple listing service providers in the US, said it will suspend property listing data feeds to Zillow Group platforms, including Zillow.com and Trulia.com, over alleged violations of licensing agreements and platform rules. The company stated that Zillow was informed about the compliance deadline, which closes on May 19 at midnight CDT. MRED also said Zillow has filed a federal lawsuit but has not yet responded to its requests regarding compliance. The move could impact how property listings from MRED’s network appear across Zillow-operated platforms in key US housing markets.Read more