07 Jul 2026

Swedish real estate company Trianon has signed a five-year lease agreement with home and kitchen retailer Cervera for a 400-square metre store at Burlov Center, located north of Malmö. The new outlet is expected to open later this year, taking the shopping centre's occupancy level to 94%. The agreement marks another step in Trianon's ongoing repositioning of Burlov Center, which has witnessed several new leasing deals and retail additions in recent years as part of a wider mixed-use redevelopment plan.Read more

07 Jul 2026

ITC Properties Group has announced that its wholly owned subsidiary will acquire sale shares and a related sale loan from Profit Tycoon for a total consideration of HKD 336.68 million. The transaction involves the purchase of 20 issued shares in PYI Investment, representing a 20% stake in the company. The acquisition is part of ITC Properties' strategy to strengthen its presence in mainland China's property and infrastructure sector through PYI Investment's land holdings and development projects. The deal will also establish a shareholder arrangement between the two parties.Read more

07 Jul 2026

Dharampal Satyapal (DS) Group has partnered with Marriott International to develop a 200-room luxury hotel under the W Hotels brand near Indira Gandhi International Airport in Delhi. The project, with an estimated investment of INR 400 crore, is scheduled to open in the second half of 2027 and will mark the debut of the W Hotels brand in Delhi-NCR. Located close to Aerocity, the development is aimed at serving business and leisure travellers. The project forms part of DS Group's broader hospitality expansion strategy, under which it plans to double its room inventory by 2029 and invest around INR 1,000 crore across new hospitality developments.Read more

07 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) collected a record INR 434.02 crore in property tax during the first quarter of FY2026–27, marking a significant increase from INR 372.42 crore collected during the corresponding period last year. The collection, recorded between April 1 and June 30, was driven by technology-enabled administration, expanded digital payment options and targeted recovery from long-standing defaulters. A total of 1,43,329 property owners paid their dues, with digital payments accounting for more than 72% of the total collections. Industrial properties contributed the highest share of revenue, while Ghansoli emerged as the top-performing administrative division in terms of tax collections.Read more

07 Jul 2026

Swedish commercial property company Platzer reported improved financial performance for the second quarter, supported by positive net lettings and higher occupancy levels. Rental income increased 2 per cent year-on-year, while income from property management rose 4 per cent. The company also strengthened its industrial and logistics portfolio during the quarter and repurchased shares worth SEK 97 million. Despite ongoing economic uncertainty, Platzer said it remains cautiously optimistic as market conditions continue to improve gradually. Analysts continue to maintain a mixed view on the stock, with the average recommendation remaining at 'hold'.Read more

07 Jul 2026

Laser Power & Infra Ltd (LPIL) has fixed a price band of INR 203–214 per share for its INR 742 crore initial public offering (IPO), which will open for subscription on July 9 and close on July 13, with the anchor investor portion scheduled to open a day earlier. The Kolkata-based power transmission products manufacturer aims to raise INR 542 crore through a fresh issue, while promoters will divest shares worth INR 200 crore through an offer for sale (OFS). The proceeds from the fresh issue will be used primarily to reduce outstanding debt. As of March 31, 2026, the company had an order book of INR 3,243 crore and reported revenue of INR 2,326 crore for FY26.Read more

07 Jul 2026

Premium co-living operator Housr has introduced a zero-deposit rental product through a partnership with fintech platform CirclePe, enabling residents to move into its properties without paying an upfront security deposit. The facility has been integrated into Housr's resident management application and will be rolled out across the company's portfolio in India. Under the model, residents can replace the traditional security deposit with a monthly payment, reducing initial move-in costs. The initiative targets one of the key financial barriers in the rental housing market, particularly in metropolitan cities where security deposits often require tenants to commit substantial upfront capital.Read more

07 Jul 2026

Gross office leasing across India's eight largest property markets declined 1% year-on-year to around 21 million sq ft during the April–June quarter, according to Cushman & Wakefield. Net absorption fell 14.5% to 11.6 million sq ft as limited availability of premium office space constrained occupier expansion despite sustained demand. The consultancy attributed the moderation primarily to supply-side constraints rather than weakening market fundamentals. Global Capability Centres (GCCs) continued to drive leasing activity, while tightening vacancy levels and improving rentals are expected to encourage developers to increase commercial project launches after a period of stronger focus on residential developments.Read more

07 Jul 2026

InterRent Real Estate Investment Trust (REIT) has announced that its planned acquisition by Carriage Hill Properties Acquisition Corp. is expected to close on July 9, 2026, after nearly all closing conditions were fulfilled. The all-cash transaction, announced last year, will see Carriage Hill acquire all eligible InterRent units for CAD 13.55 per unit. Following completion, the REIT is expected to be delisted from the Toronto Stock Exchange and will seek to cease being a reporting issuer, marking the final stage of one of Canada's major residential REIT acquisitions.Read more

07 Jul 2026

D S Kulkarni Developers Ltd has announced that its board will consider acquiring a 100% equity stake in Pune-based Moonbrick Realty Private Limited at its upcoming board meeting. Alongside the proposed acquisition, the company will also consider appointing a new Company Secretary and Compliance Officer. The proposed transaction marks a potential step in expanding the developer's business through an inorganic growth strategy. However, the company has not yet disclosed the financial terms, valuation, or timeline for completing the acquisition.Read more

07 Jul 2026

Nukleus Office Solutions Limited has expanded its presence in the National Capital Region with the launch of a new business centre at Okaya Centre in Noida's Sector 62. Spread across approximately 75,000 sq ft, the facility has been developed to cater to startups, small and medium enterprises (SMEs), and large corporates seeking flexible and managed office spaces. The expansion comes amid growing demand for professionally managed workplaces offering operational flexibility and enterprise-grade infrastructure. Located in one of Noida's established commercial districts, the business centre benefits from strong connectivity to Delhi, Greater Noida and Ghaziabad, reinforcing the company's strategy of expanding across key office markets in the NCR.Read more

07 Jul 2026

Frasers Property has appointed Tan Wee Hsien as the CEO designate of its Singapore business as part of a planned leadership transition. He will join the company on September 8, 2026, before taking over as CEO on October 1, 2026. He succeeds Soon Su Lin, who will step down from the role and become an adviser to Group CEO Panote Sirivadhanabhakdi. Tan joins from CapitaLand Development and brings around three decades of real estate experience across the Asia-Pacific region. The appointment comes as Frasers Property continues to strengthen its leadership team and execute its long-term business strategy.Read more

07 Jul 2026

SpiceJet has reduced its scheduled flights by 44% compared with April as fleet shortages and operational challenges continue to affect its network. The airline has temporarily suspended services on several routes after its operational fleet fell sharply following the return of wet-leased aircraft. While the carrier plans to induct additional aircraft in the coming months, the reduced schedule reflects ongoing efforts to align operations with available capacity and improve service reliability.Read more

07 Jul 2026

JioBlackRock Asset Management plans to offer a complete range of mutual fund products within three years as it expands into specialised investment funds (SIFs), exchange-traded funds (ETFs) and offshore products through GIFT City. The joint venture between Jio Financial Services and BlackRock has shortlisted 10 outbound products for regulatory approval while preparing to launch additional SIFs and its first ETFs, broadening investment options for Indian investors and strengthening GIFT City's financial ecosystem.Read more

07 Jul 2026

The Bihar Cabinet has approved a new framework for levying user fees on state highways, introducing a dedicated mechanism to finance the development, upgradation and maintenance of the state's road network. Cleared under the Road User Fee (Determination and Collection of Rates) Rules, 2026, the policy establishes vehicle-wise user fee rates, annual revisions, exemptions for specified categories, concessional passes and discounts for frequent users. It also prescribes higher charges for vehicles without FASTag and contains provisions relating to overloaded vehicles.Read more

07 Jul 2026

Nisus Finance has invested in Bengaluru-based Sumukha Housing to support the development and execution of multiple residential projects in the city. The partnership will provide strategic growth capital, enabling Sumukha Housing to scale project execution while maintaining its delivery standards and customer-centric approach. The investment focuses on demand-driven residential micro-markets backed by end-user demand, healthy cash flow visibility and balanced risk-return characteristics. The transaction aligns with Nisus Finance's strategy of expanding its domestic real estate portfolio through selective investments in high-growth residential markets.Read more

07 Jul 2026

Easterly Government Properties has completed a USD 200 million five-year term loan facility as part of its capital management strategy. The facility includes an accordion feature that allows it to be expanded to USD 250 million if required. The proceeds will primarily be used to repay borrowings under the company's existing USD 400 million revolving credit facility, while the remaining funds will support general corporate purposes. The refinancing is expected to strengthen the company's financial flexibility and optimise its debt structure over the coming years.Read more

07 Jul 2026

Air India Express has fully restored its flight operations to West Asia after regional airspace conditions stabilised. Services to destinations including the UAE, Oman, Qatar, Bahrain, Kuwait, Saudi Arabia and Muscat have resumed according to schedule. The airline said the restoration follows the easing of operational disruptions caused by recent geopolitical tensions. With services returning to normal, Air India Express expects improved connectivity for passengers travelling between India and key West Asian markets.Read more

06 Jul 2026

Max Estates Ltd reported a sharp rise in sales bookings during the first quarter of FY27, driven by robust demand for its residential projects across Delhi-NCR. The company achieved sales bookings of INR 1,100 crore, nearly five times higher than the corresponding period last year. The growth was supported by strong buyer response to newly launched and under-construction projects, including a new development in Gurugram. The developer also plans multiple project launches and land acquisitions during the current financial year as it looks to expand its residential portfolio.Read more

06 Jul 2026

Bidaya Finance has signed a real estate financing portfolio purchase agreement with the Saudi Real Estate Refinance Company (SRC) in a deal valued at SAR 335.3 million. The company expects the transaction to positively impact its financial results for the second quarter of 2026. Funds generated from the sale will be used to support Bidaya Finance's business operations and future lending activities. The agreement reflects the company's ongoing efforts to strengthen liquidity while supporting the growth of Saudi Arabia's housing finance market.Read more