02 Jul 2026

• Air China and Singapore Airlines have signed a Memorandum of Understanding (MoU) to establish a commercial joint venture aimed at strengthening cooperation and enhancing connectivity between Singapore, China and other international destinations.
• The partnership will explore expanding codeshare services, coordinating flight schedules, introducing joint fare products and pursuing revenue-sharing arrangements, subject to regulatory approvals.
• Both airlines also plan to strengthen collaboration between their frequent flyer programmes, allowing members to enjoy more opportunities to earn and redeem miles across both networks.
• The agreement is expected to improve travel options, support tourism and business travel, and strengthen economic and people-to-people ties between Singapore and China.Read more

02 Jul 2026

Barclays has acquired a 999-year lease for its global headquarters at One Churchill Place in London's Canary Wharf for GBP 750 million (USD 992.8 million), strengthening its long-term presence in the financial district. The transaction extends the bank's control of the property well beyond the expiry of its existing lease in 2039 and is expected to have a broadly neutral impact on its capital ratio and earnings. The move also reflects improving confidence in Canary Wharf, where office leasing activity has picked up after a prolonged slowdown following the pandemic.Read more

02 Jul 2026

Private airport operators have urged the Centre to withdraw the temporary 25 per cent reduction in landing and parking charges for domestic airlines, arguing that the relief has outlived its purpose and is affecting airport finances. They said prolonged concessions could constrain debt servicing and delay infrastructure expansion projects. The operators maintained that easing fuel cost pressures and improving operating conditions no longer justify the temporary measure introduced during the West Asia crisis.Read more

02 Jul 2026

The International Financial Services Centres Authority (IFSCA) has proposed a unified Know Your Customer (KYC) framework for GIFT IFSC to streamline client onboarding across regulated entities. The draft framework introduces a unique client identification number and mandatory integration with KYC Registration Agencies (KRAs), allowing verified KYC records to be reused across institutions. The proposal aims to eliminate duplicate verification, strengthen regulatory compliance, reduce onboarding time and enhance ease of doing business within India's international financial services hub.Read more

02 Jul 2026

ESDS Software Solutions has filed draft papers for an initial public offering (IPO) of up to INR 600 crore, positioning itself to become India's first listed pure-play data centre and cloud infrastructure company. The company plans to use a majority of the proceeds to expand its cloud computing infrastructure and strengthen its data centre network, while supporting growing demand for AI-enabled cloud services. The proposed listing is expected to enhance ESDS' market visibility, accelerate capacity expansion and strengthen its presence in India's rapidly growing digital infrastructure sector.Read more

01 Jul 2026

• The Chandigarh Administration has officially permitted the use of eligible residential properties as Bed & Breakfast establishments under a newly notified tourism policy.
• The initiative aims to promote affordable homestay accommodation, strengthen the city's tourism ecosystem and provide homeowners with an additional source of income.
• Only owner-occupied residential properties measuring at least 500 square yards will be eligible, subject to registration and compliance with prescribed conditions.
• Applicants must obtain all required permissions and No Objection Certificates (NOCs) before commencing operations under the policy.Read more

01 Jul 2026

Bhogapuram International Airport in Andhra Pradesh is likely to be inaugurated by Prime Minister Narendra Modi in the third week of July, with commercial operations expected to begin shortly thereafter. Developed by GMR Group under a public-private partnership model, the greenfield airport has an initial annual capacity of six million passengers. The project will replace civilian operations at Visakhapatnam Airport and strengthen aviation, logistics and regional connectivity across north coastal Andhra Pradesh.Read more

01 Jul 2026

PSP Swiss Property has sold its Richtipark commercial property in Wallisellen to La Foncière Urban Development for CHF 150 million, prompting the company to raise its 2026 EBITDA guidance. The revised forecast now stands at CHF 335 million, up from CHF 310 million, excluding gains and losses on real estate investments. The company has also agreed on potential earn-out payments of up to CHF 24.75 million in the coming years. Despite the transaction, PSP Swiss Property maintained its year-end 2026 vacancy forecast at 3.5%, indicating confidence in the performance of its remaining real estate portfolio.Read more

01 Jul 2026

WeWork India Management has decided to expand its existing flexible workspace centre at Krishe Emerald in Hyderabad by signing an addendum to its lease agreement. The company said the expansion will require an investment of INR 98 million. The move comes as Hyderabad continues to witness healthy demand for premium flexible office spaces from enterprises, global capability centres (GCCs), startups and technology firms. The expansion is part of WeWork India's broader strategy to strengthen its presence in key commercial markets across the country amid sustained demand for managed workspaces.Read more

01 Jul 2026

Embassy Office Parks REIT has expanded its hospitality portfolio with the opening of a 211-room Hilton Garden Inn at Embassy TechVillage on Bengaluru's Outer Ring Road. The hotel has been developed to cater to the growing accommodation needs of business travellers visiting the integrated office park. The addition strengthens Embassy REIT's hospitality presence while also expanding Hilton's footprint in Bengaluru. Embassy REIT continues to diversify its portfolio beyond office assets with operational hotels, upcoming hospitality projects and renewable energy infrastructure across key commercial markets in India.Read more

01 Jul 2026

Stratus Properties Inc. has completed the sale of the retail component of its Jones Crossing mixed-use development for USD 46.5 million in cash, marking another step in the company's ongoing asset monetisation strategy. The transaction generated approximately USD 21.7 million in pre-tax net cash proceeds after selling costs and repayment of the project loan. The sale is part of Stratus' previously approved plan to liquidate its assets and distribute the net proceeds to shareholders. Jones Crossing is located in College Station, Texas, and is anchored by grocery retailer H-E-B within a mixed-use development.Read more

01 Jul 2026

Proptech platform AllHome has raised INR 200 crore in a Series B funding round at a valuation of INR 2,000 crore. Led by Bessemer Venture Partners, the round also saw participation from Google, Peak XV Partners and India Quotient. The company will use the capital to expand its AI-powered home construction platform, strengthen technology capabilities and scale operations across India. AllHome connects homeowners with architects, contractors, suppliers and financing partners through a digital marketplace.Read more

Vriti Gothi

01 Jul 2026

For decades, Indian investors seeking real estate exposure had little choice but to purchase physical property. Today, listed REITs offer an alternative that combines real estate ownership with stock market liquidity. Yet investors continue to compare REITs not only with property, but also with equities, fixed deposits and debt funds. Each asset class offers a different mix of returns, income, liquidity and risk. With REITs becoming a larger part of India's investment landscape, an important question is emerging: how do they stack up against traditional property ownership, equities and fixed-income investments when it comes to building wealth and generating income?Read more

01 Jul 2026

Bridgepoint Group is in advanced discussions to acquire Kayne Anderson Real Estate, marking a significant step in the UK-based private capital firm's expansion into the US real estate investment market. While the company has not disclosed financial terms, reports indicate the transaction could strengthen Bridgepoint's presence in property investments and lending by adding a real estate platform with around USD 22 billion in assets under management. The deal is expected to support Bridgepoint's broader strategy of expanding its private markets business through acquisitions, subject to final negotiations and regulatory approvals.Read more

01 Jul 2026

• Telangana State Road Transport Corporation (TGSRTC) has identified 694 vacant commercial spaces across bus stations, depots and commercial complexes for leasing through a transparent tender process.
• The initiative is aimed at monetising underutilised real estate assets while generating a steady stream of non-fare revenue for the state-run transport utility.
• The available properties include shops, offices and commercial units located in high-footfall transit hubs across Telangana.
• TGSRTC expects the programme to improve asset utilisation, create business opportunities for entrepreneurs and enhance passenger amenities at its premises.Read more

01 Jul 2026

Adeer Real Estate Service Company has secured a six-month contract with Al Nubalaa International Real Estate Investment Company to exclusively market and sell the Millennium Hotel in Makkah. The contract is valued at around 10% of Adeer's latest annual revenue and is expected to contribute positively to the company's financial performance once the hotel sale is completed. The agreement adds to a series of recent mandates secured by Adeer in Saudi Arabia's real estate sector, reflecting the company's continued focus on marketing and brokerage services for large-scale property assets.Read more

01 Jul 2026

• Hero MotoCorp and WeWork India have leased more than 6 lakh sq ft of office space at Worldmark 6 in Aerocity, New Delhi, in one of the capital's largest recent commercial leasing transactions.
• The leases reinforce Aerocity's position as a preferred business district, driven by modern Grade A office infrastructure and strong connectivity.
• The transactions reflect sustained demand from both corporates and flexible workspace operators for premium office assets despite evolving workplace trends.
• Industry experts believe large-format leasing activity is being supported by business expansion plans and continued confidence in India's commercial real estate market.Read more

01 Jul 2026

Roadside Real Estate Plc has said it now expects its acquisition of D.A. Roberts Fuels (DAR) to be completed in the third quarter of 2026, extending the timeline announced previously. The acquisition forms part of the company's strategy to expand its roadside retail and energy forecourt business across the UK. DAR operates a high-volume petrol filling station along with a bulk fuel distribution business, and the deal is expected to strengthen Roadside's operating platform while supporting future growth through a larger fuel retail network.Read more

01 Jul 2026

Embassy Developments will invest approximately INR 1,500 crore to develop a 3 million sq ft Grade A office complex in Bengaluru as part of its strategy to expand its commercial real estate portfolio and create recurring rental income. The project forms the first phase of a planned 6 million sq ft office development spread across 35 acres. Managing Director Aditya Virwani said the company expects to complete the first phase over the next three years while continuing to focus on residential development. The announcement comes amid sustained demand for premium office space from Global Capability Centres (GCCs) and multinational occupiers, with the developer also targeting residential project launches worth around INR 20,000 crore during the current financial year.Read more

01 Jul 2026

US-based Fidelity Investments has acquired a 1.99% stake in Lodha Developers for approximately INR 1,864.56 crore through open market transactions on the National Stock Exchange (NSE). The investment was made through eight Fidelity affiliates, which collectively purchased nearly 1.99 crore shares from promoter entities Hightown Constructions Pvt Ltd and Homecraft Developers and Farms Pvt Ltd at an average price of INR 937.85 per share. Following the transaction, the combined shareholding of the promoter and promoter group in the Mumbai-based developer declined to 70.28% from 72.27%. The acquisition comes after Lodha Developers reported higher quarterly earnings and reflects continued institutional investor interest in India's listed real estate companies.Read more