20 Jun 2026

GAP Group has announced the launch of what it describes as Dholera’s first dedicated co-working facility within its Akhilam Township in the Dholera Special Investment Region (SIR), Gujarat. Spread across 4,128.92 square metres in a G+1 structure, the development is located directly opposite the upcoming Tata Semiconductor Fab and is scheduled to become operational by October 2026. Designed as a plug-and-play workspace, the facility aims to support semiconductor companies, vendors, EPC contractors, consultants and project teams establishing operations in the region. The project includes a 400-seat co-working space, conference facilities, food court, executive cabins and training areas. The launch comes amid increasing industrial activity in Dholera, where large-scale manufacturing and infrastructure investments are driving demand for supporting commercial and business infrastructure.Read more

20 Jun 2026

The Securities and Exchange Board of India (Sebi) has issued a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their prescribed fund life under specific circumstances, including pending litigation, regulatory demands and residual operational obligations. The regulator has also introduced an ‘Inoperative Fund’ category for AIFs that have liquidated all investments but continue to hold retained funds or remain registered due to unresolved liabilities. The measures follow regulatory amendments notified in April and are intended to provide operational flexibility during the winding-up process. The framework imposes investor approval requirements, restrictions on fund activities and annual reporting obligations, while also extending similar provisions to Venture Capital Funds registered under earlier regulations.Read more

20 Jun 2026

Precinct Properties New Zealand announced that it has entered into a partnership with global investment firm PAG through the sale of a 50% interest in Auckland’s PwC Tower for NZD 600 million (USD 349.26 million). The transaction structure includes a deferred payment period of 18 months after settlement and a price adjustment mechanism linked to the five-year swap rate. The company stated that it will continue holding the remaining 50% stake while managing the asset. The deal is expected to be close to book value, with settlement likely in the first half of FY27, along with continued progress on its Downtown development plans.Read more

20 Jun 2026

TRG Group has completed 11 years in the real estate sector, marking a milestone in its expansion across the National Capital Region. The company said its growth has been driven by a focus on transparency, customer-centricity, timely execution and sustainable development. A key part of its portfolio is TRG The Mall, a commercial project designed to integrate retail, entertainment, dining, wellness and business spaces within a single destination. The development has attracted interest from several national and international food and beverage brands and has also seen encouraging investor response to its commercial offerings. As the company enters its next phase of growth, it plans to continue focusing on integrated commercial developments, technology adoption and customer engagement to address evolving market requirements.Read more

20 Jun 2026

Apollo Commercial Real Estate Finance, part of the listed REIT sector focused on commercial property lending, has decided to liquidate its assets and dissolve the company after completing a major portfolio transaction earlier this year. The company had sold its large commercial real estate loan portfolio to Athene Holding, resulting in significant cash inflows and a strategic review of its future operations. Following this, the board approved a dividend of USD 3.75 per share, largely treated as return of capital, to be paid to shareholders on July 15. The move marks the end of its operating structure and transition into wind-down mode.Read more

19 Jun 2026

The Municipal Corporation of Delhi (MCD) recorded its highest-ever annual revenue of INR 14,549.06 crore in FY2025-26, reflecting a 17.27% increase over the previous financial year. The growth was driven by higher collections from property tax, property transfer charges, advertisements, parking operations and leased municipal assets. MCD’s own revenue rose nearly 20% to INR 11,239.24 crore, while grants and revenue support from the Delhi government also increased. The performance comes despite the civic body continuing to carry liabilities exceeding INR 15,000 crore. Property tax and transfer charges remained the largest revenue contributors, while improved taxpayer participation and stronger non-tax income streams supported collections. The figures highlight the growing importance of municipal revenue generation in funding urban infrastructure and civic services across the national capital.Read more

19 Jun 2026

The National Stock Exchange (NSE) has filed draft papers with the Securities and Exchange Board of India (SEBI) for its long-awaited initial public offering, which is estimated to raise around INR 30,000 crore through an offer for sale by existing shareholders. The proposed issue, involving the sale of 14.89 crore shares, is expected to become the largest IPO in Indian capital market history, surpassing Hyundai Motor India’s INR 27,870 crore offering. The filing marks a significant step towards the listing of India’s largest stock exchange after nearly a decade of regulatory delays linked to governance concerns and the co-location matter. Major shareholders including State Bank of India, Canada Pension Plan Investment Board and several public-sector insurers will dilute holdings, while Life Insurance Corporation of India will retain its stake.Read more

19 Jun 2026

Himalia Prime Assets, an asset development and management platform backed by private equity firm Jupiter Capital, has acquired the Our Native Village Eco Resort near Bengaluru for INR 25 crore. The transaction includes a 4.65-acre property comprising a 24-key operational resort spread across three acres and an additional 1.65 acres earmarked for future expansion. The company plans to invest at least another INR 25 crore over the next two years to upgrade the property, enhance operational capabilities and increase room inventory to 40 keys. Himalia has also partnered with luxury wellness brand Niraamaya Life to manage the resort’s operations, further expanding its hospitality portfolio, which now comprises three resort assets across southern India.Read more

19 Jun 2026

Navi Mumbai International Airport is expected to begin international passenger and cargo operations from July 15, marking a significant step in the expansion of aviation infrastructure in the Mumbai Metropolitan Region. The airport operator said international freighter services will commence first, with plans to scale up to around 18 weekly cargo flights. International passenger services are also expected to start on the same day, with Air India Express and IndiGo set to operate flights. The airport, which began domestic operations last year, is witnessing steady traffic growth and has also earned global recognition for its design.Read more

19 Jun 2026

Knowledge Realty Trust has approved plans to raise up to INR 20 billion through a combination of non-convertible debentures (NCDs) and commercial papers. The fundraising, cleared by the trust through private placement and short-term debt instruments, is aimed at strengthening its financial flexibility and supporting future funding requirements. The move comes as real estate investment platforms increasingly tap debt markets to diversify capital sources, manage liquidity, and support growth plans amid continued demand for high-quality commercial real estate assets across key Indian markets.Read more

19 Jun 2026

Dharampal Satyapal Group (DS Group) has increased its planned investment in the hospitality sector to INR 1,500 crore from an earlier target of INR 1,000 crore as the conglomerate expects to achieve its room inventory expansion goals ahead of schedule. The company announced a new luxury hotel project under Marriott International’s W Hotels brand near Indira Gandhi International Airport in Delhi-NCR and is simultaneously exploring brownfield acquisitions and expansion opportunities across North-East India. DS Group aims to double its room inventory from 1,000 to 2,000 keys before 2029, when the group marks its centenary year. The latest expansion strategy reflects the company’s growing focus on hospitality, supported by rising travel demand, limited hotel penetration in India and increasing opportunities across leisure, religious and business travel segments.Read more

19 Jun 2026

Infrastructure Investment Trusts (InvITs) distributed INR 22,769 crore to unitholders during FY26, taking cumulative payouts since inception to INR 91,000 crore, according to data released by the Bharat InvITs Association (BIA). The sector also recorded growth in assets under management, which increased from INR 6.3 lakh crore in FY25 to INR 7.1 lakh crore in FY26. Listed InvITs added nearly two lakh new unitholders during the year, resulting in a 64% increase in the investor base. Equity fundraising by InvITs rose to INR 1.97 lakh crore during FY26, while the industry’s gross debt stood at INR 3.35 lakh crore as of March 31, 2026. The figures highlight the growing role of InvITs in infrastructure financing and asset monetisation across India.Read more

Mumbai News Desk

19 Jun 2026

• JSW Realty is in discussions to raise approximately USD 169 million (around INR 1,450 crore) from Tata Capital to support a major commercial real estate development in Mumbai.
• The proposed financing is expected to strengthen the company's funding strategy as it expands its footprint in India's premium office and mixed-use property market.
• The move reflects continued lender confidence in high-quality commercial assets in Mumbai, even as developers increasingly rely on structured financing to accelerate project execution.Read more

19 Jun 2026

China Evergrande’s liquidators have sought a judicial review of a HKD 1 billion (USD 127.67 million) settlement reached between Hong Kong’s Securities and Futures Commission (SFC) and PricewaterhouseCoopers (PwC) Hong Kong over the auditor’s work for the collapsed developer. The liquidators argue that the regulator did not have the legal authority to resolve a market misconduct claim against a non-regulated entity in the manner adopted. They also contend that compensating shareholders through the settlement could reduce funds available for creditors, adding another layer to the ongoing efforts to recover assets from one of China’s largest corporate collapses.Read more

19 Jun 2026

Brookfield, Singapore’s sovereign wealth fund GIC and Canadian institutional investor British Columbia Investment Management Corporation (BCI) have collectively divested a 7.27% unitholding in Altius Telecom Infrastructure Trust (Altius InvIT) through open market transactions worth approximately INR 3,656 crore. The sale involved more than 22.15 crore units and was executed on Tuesday at prices ranging between INR 165 and INR 165.05 per unit. Infrastructure major Larsen & Toubro emerged as a key buyer, acquiring a 1.25% stake for nearly INR 628 crore. The transaction marks a significant secondary market trade in India’s telecom infrastructure investment trust sector. Altius InvIT owns a portfolio of more than 2.57 lakh telecom sites supporting technologies from 2G and 5G to Internet of Things, small cells and emerging AI-driven applications.Read more

18 Jun 2026

• HomeLane is planning an IPO within the next 12 to 24 months as it focuses on profitability, expansion and growth in India's organised home interiors market.
• The company aims to use IPO proceeds to enter new cities and expand into categories such as kitchen appliances and soft furnishings.
• HomeLane reported a 22% rise in FY25 revenue to INR 7.56 billion, while its net loss narrowed to INR 1.11 billion.
• The company is targeting revenue of around INR 10 billion this fiscal and nearly INR 30 billion by FY31.
• Growing demand for home interiors, urbanisation and technology adoption are creating opportunities for organised interior design companies across India.Read more

18 Jun 2026

Marwest Apartment Real Estate Investment Trust has announced a 2.1% increase in its monthly cash distribution policy, reflecting a higher payout for unitholders. The revised distribution has been set at USD 0.001455 per unit and will take effect from June 2026. The move marks an increase from the trust’s previous distribution level and signals continued cash returns to investors. Real estate investment trusts typically review distribution policies based on portfolio performance, cash flows and market conditions. The latest revision forms part of Marwest Apartment REIT’s ongoing distribution framework for its unitholders.Read more

18 Jun 2026

China’s banking sector reported a weaker-than-expected recovery in lending activity in May, reflecting continued pressure from the country’s prolonged property market downturn and subdued domestic demand. New yuan loans rebounded from a contraction recorded in April but remained below market expectations. Household borrowing, including mortgages, stayed under pressure despite some improvement, while corporate lending strengthened. The latest figures indicate that businesses and consumers remain cautious amid a challenging economic environment. Analysts believe weak credit demand, rather than a shortage of available funds, continues to be the main factor limiting loan growth across the economy.Read more

18 Jun 2026

• SEBI has proposed restoring the stock exchange route for share buybacks after discontinuing the mechanism in April 2025.
• The proposal follows changes in the tax treatment of buybacks, which the regulator believes have addressed concerns that led to the route's withdrawal.
• Industry bodies and market participants have sought the return of open-market buybacks, citing benefits such as improved liquidity, efficient capital deployment and greater flexibility for listed companies.
• SEBI has invited public feedback on the proposal before deciding whether to formally reinstate the mechanism.Read more

18 Jun 2026

Australia's GPT Group has announced a major retail property transaction through its GPT Wholesale Shopping Centre Fund, agreeing to acquire stakes in two large shopping centres from a Lendlease-managed retail property fund. The deal, valued at approximately AUD 1.2 billion (USD 849.12 million), includes a 50% interest in Sunshine Plaza in Queensland and a 50% interest in Macarthur Square in New South Wales. The acquisitions are being completed in line with independent valuations and reflect continued investor interest in high-quality retail assets despite evolving consumer and retail market dynamics.Read more