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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
06 Jul 2026
Adani Enterprises has launched a Qualified Institutional Placement (QIP) to raise at least INR 10,000 crore, with an option to increase the issue size depending on investor demand. The company has fixed the floor price at INR 3,034.68 per equity share, while retaining the flexibility to offer a discount of up to 5% in accordance with SEBI regulations. The fundraising follows the company's INR 25,000 crore rights issue completed earlier this year and forms part of its broader capital expenditure programme across airports, data centres, green energy and new businesses.Read more
06 Jul 2026
Barclays’ acquisition of its London headquarters for GBP 750 million has become Europe’s largest office transaction in nearly four years, bringing renewed attention to London's Canary Wharf office market. The deal comes after more than two years without any major office sales in the district and reflects improving leasing activity supported by companies bringing employees back to offices. While the transaction has raised hopes of stronger investment activity, investors remain cautious due to high borrowing costs, political uncertainty, and the unique structure of the Barclays deal, which may not represent broader market conditions.Read more
06 Jul 2026
Indian Hotels Company Limited (IHCL) has entered into a strategic partnership with Italian hospitality group Starhotels to expand the reach of its Taj InnerCircle–NeuPass loyalty programme across Europe. The collaboration enables members of both loyalty programmes to access reciprocal benefits at participating properties within IHCL's global portfolio and Starhotels' network. The partnership covers multiple IHCL brands, including Taj, SeleQtions, Vivanta and Gateway, alongside Starhotels Collezione and Starhotels Premium hotels. IHCL said the initiative comes amid rising travel demand between India and Europe and is intended to enhance customer engagement by extending loyalty benefits across a broader international hospitality network.Read more
06 Jul 2026
Hatten Land Ltd has moved ahead with its proposed acquisition of Metrocon Pte by submitting a circular to the Singapore Exchange (SGX-ST). Alongside the acquisition, the company has proposed a compliance placement of up to 25 million new shares at a minimum price of SGD 0.20 per share and has applied to list up to 178.87 million shares on the SGX-ST. The proposed transaction forms part of Hatten Land's ongoing corporate restructuring efforts as it seeks to meet regulatory requirements and strengthen its business operations.Read more
06 Jul 2026
Construction and infrastructure company GNI Infrastructure has filed draft papers with the Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO). The proposed issue comprises a fresh issue of 2.10 crore equity shares and an offer for sale of 93.88 lakh equity shares by promoters and existing shareholders. The company intends to utilise the proceeds from the fresh issue to meet its working capital requirements and for general corporate purposes. Established in 2007, GNI Infrastructure has built its business around road and highway construction projects in Maharashtra and has expanded into biomining and solid waste management projects, primarily serving government agencies and public sector organisations.Read more
06 Jul 2026
Apeejay Surrendra Park Hotels Ltd has received an income tax demand notice of INR 41.06 crore, including applicable interest, for the assessment year 2024–25. The demand follows a scrutiny assessment in which the Income Tax Department made certain additions and disallowances under various provisions of the Income Tax Act. The hospitality company has said it will challenge the order by filing an appeal before the appropriate appellate authority within the prescribed timeline. The development is not expected to impact the company's day-to-day operations while the appeal process is underway.Read more
06 Jul 2026
KKR & Co. Inc is nearing the sale of its controlling stake in Re Sustainability Ltd., with I Squared Capital and a consortium of TPG and the Canada Pension Plan Investment Board (CPPIB) emerging as the leading bidders. The Hyderabad-based environmental services company is expected to be valued at over USD 1.6 billion, with binding bids anticipated in the coming weeks. KKR has restructured the business by separating its municipal waste operations to sharpen its focus on industrial environmental services. The proposed transaction underscores growing investor interest in India's waste management and sustainability sector amid rising demand for environmental infrastructure. If completed, the deal would rank among the largest private equity exits in India's environmental services industry.Read more
06 Jul 2026
Swiss healthcare real estate company Infracore has fixed the offer price for its initial public offering (IPO) at 54 Swiss francs per share, valuing the company at around USD 1 billion. The listing on the SIX Swiss Exchange is scheduled for July 9 and is expected to raise about 200 million Swiss francs through newly issued shares. The company plans to use the proceeds to acquire more hospital properties and repay shareholder loans. Strong investor demand has already covered both the primary offering and the greenshoe option, indicating positive market interest.Read more
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06 Jul 2026
Leasing activity in India's organised retail real estate market increased by 18% year-on-year to 2.4 million sq ft during the April–June quarter across eight major cities, according to Cushman & Wakefield. The growth was driven by retailers expanding their physical presence despite limited availability of quality retail assets. High streets accounted for nearly half of the total leasing activity at 1.17 million sq ft, while fashion retailers remained the largest occupiers, followed by food and beverage brands. The consultant noted that constrained supply has resulted in lower vacancies and firmer rentals across key retail destinations, with additional retail developments expected to improve space availability in the coming quarters.Read more
06 Jul 2026
• Shirish Godbole, CEO of Knowledge Realty Trust, has been appointed chairperson of the Indian REITs Association (IRA) with immediate effect, succeeding Alok Aggarwal following his retirement from Brookfield India REIT.
• Godbole brings over 25 years of experience in global real estate investment and finance, having held leadership positions at AEW Capital Management, Morgan Stanley and Goldman Sachs.
• The Indian REITs Association will continue to focus on strengthening investor awareness, promoting governance standards, encouraging industry collaboration and supporting the long-term growth of India's listed REIT market.
• The leadership transition comes as India's REIT sector continues to expand, with rising institutional participation, evolving regulations and growing investor interest expected to drive the next phase of market development.Read more
06 Jul 2026
The Ahmedabad Municipal Corporation (AMC) is preparing to monetise more than 209 civic properties as part of a broader strategy to strengthen municipal revenues and fund infrastructure development. The initiative will focus on commercially viable assets, including land parcels and built-up properties, while retaining ownership through long-term lease models wherever feasible. The civic body also plans to identify additional underutilised leasehold properties for future monetisation. Officials expect the programme to generate sustainable non-tax revenue, support capital-intensive urban projects and reduce dependence on conventional municipal income sources.Read more
06 Jul 2026
Sri Lanka’s stock market ended slightly lower, marking its second consecutive session of losses as declines in communication services and real estate stocks offset gains in the IT and healthcare sectors. The benchmark CSE All Share Index slipped 0.09%, while trading activity and market turnover also declined compared to the previous session. Foreign investors remained net sellers, whereas domestic investors continued to buy shares. The latest session reflects cautious investor sentiment amid lower trading volumes and selective sectoral movements across the market.Read more
05 Jul 2026
Bloom Energy and Brookfield have expanded their partnership to finance power projects for artificial intelligence (AI) infrastructure, increasing their investment framework from USD 5 billion to USD 25 billion. The move reflects rising demand for reliable and cleaner power solutions as AI data centres continue to grow worldwide. The expanded collaboration will accelerate the deployment of Bloom Energy's fuel cell technology and forms part of Brookfield's AI Infrastructure Fund, which aims to invest USD 100 billion. Following the announcement, Bloom Energy's shares rose sharply in extended trading.Read more
05 Jul 2026
National flex workspace operators charged an average 19% premium over independent coworking providers between 2021 and 2026, according to myHQ's Flex Pricing Report 2026. Based on five years of transaction data covering 1,384 coworking centres across 30 cities and booking behaviour from more than 10,000 companies, the report examines the factors influencing coworking pricing in India. It found that Hyderabad and Bengaluru recorded the highest seat expansion among occupiers, while shorter lock-in periods attracted higher costs and larger seat bookings secured volume discounts. The report also projects the pricing premium enjoyed by national coworking brands to increase to 25% by FY2028 as enterprise demand continues to favour established multi-city operators.Read more
05 Jul 2026
Swedish education group Cedergrenska has announced plans to acquire the Hamnen 4 school property in Stocksund for SEK 19 million as part of its strategy to expand its portfolio of owned educational facilities. Following the acquisition, the company's property arm, Fastigheter, will own three school properties with a combined book value of approximately SEK 40 million. The company is also targeting a school property portfolio with a book value of up to SEK 100 million by the end of 2027, reflecting its long-term focus on strengthening its real estate holdings alongside its education business.Read more
05 Jul 2026
• Hyderabad's Rajiv Gandhi International Airport has proposed a revised passenger fee structure that introduces User Development Fee (UDF) for arriving passengers alongside existing departure charges.
• The proposal, submitted to the Airports Economic Regulatory Authority (AERA), aims to redistribute airport charges without increasing the total fee payable by most travellers.
• The revised tariff framework is intended to support the airport's next phase of expansion, including a new terminal and runway.
• The proposal will take effect only after AERA reviews stakeholder feedback and issues its final approval.Read more
04 Jul 2026
Cross-border real estate investment platform Raveum has introduced a fractional investment opportunity allowing Indian investors to participate in pre-vetted US commercial real estate with a minimum investment of USD 1,000. The launch comes amid continued depreciation of the Indian rupee, which touched a record low of nearly INR 97 against the US dollar in the past month. The platform aims to provide retail investors with access to dollar-denominated real estate assets through fractional ownership while facilitating property selection, remittance, taxation and regulatory compliance under India's Liberalised Remittance Scheme (LRS). The offering seeks to broaden access to an asset class traditionally dominated by institutional and high-net-worth investors.Read more
04 Jul 2026
Pecan Realty has completed four institutional transactions worth more than INR 150 crore over the past two years by acquiring multiple real estate projects through insolvency and structured finance processes. The transactions include resolution-led acquisitions through the National Company Law Tribunal (NCLT), enabling repayment and exits for public and private sector lenders. Among the key deals is the acquisition of the Pecan Yura commercial project in Andheri West. The developer said the transactions strengthen its strategy of pursuing project turnarounds, structured finance and capital partnerships as it expands across the Mumbai Metropolitan Region and Thane.Read more
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