08 Jun 2026

ITC Hotels Limited has expanded its boutique hospitality portfolio in North East India by signing its 25th property under the Storii brand. The company has entered into a definitive agreement for the development of 'Storii by ITC Hotels Guwahati', a 43-room property located within Assam's Amchong Tea Estate. The project marks another addition to the company's growing presence in the country's experiential and leisure hospitality segment. The development is expected to strengthen the supply of branded accommodation in the region, which is increasingly attracting tourism and hospitality investments. The property is being developed in partnership with Bhauram Jodhraj, whose promoters own and manage the historic tea estate.Read more

07 Jun 2026

• Thomas Cook India has expanded support for Indian enterprises operating or planning expansion in the European Union through its Cyprus subsidiary, Travel Circle International (Cyprus) Limited.
• The initiative aligns with Eurobank’s growing presence in India, including the establishment of its representative office in Mumbai.
• The two organisations aim to facilitate business travel, cross-border transactions and investment activity between India and Europe.
• Thomas Cook’s Cyprus operations provide Indian corporate clients with access to EU-based travel services and localised support.
• The move comes amid increasing India-EU economic engagement following the conclusion of the India-EU Free Trade Agreement in January 2026.Read more

07 Jun 2026

Home loan borrowers are closely monitoring the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting, being held from June 3 to June 5, as expectations build around the future trajectory of interest rates and lending costs. While inflation has remained broadly within the central bank’s comfort range, concerns over rising global energy prices, potential weather-related disruptions and the possibility of higher food inflation continue to influence the policy outlook. At the same time, signs of moderating economic growth have added complexity to the RBI’s decision-making process. Industry stakeholders expect the central bank to maintain its current policy stance, with the meeting’s commentary likely to provide important guidance on borrowing costs, home loan EMIs and housing demand trends over the coming months.Read more

07 Jun 2026

Nexus Seawoods Mall in Navi Mumbai has launched the fourth edition of its Denim & Sneaker Fest, a retail-focused shopping event running until June 21. Timed to coincide with the back-to-school and college shopping season, the festival brings together a range of international and domestic fashion brands showcasing denim apparel and sneaker collections. Alongside product launches and seasonal promotions, the event features consumer engagement activities including sneaker customisation workshops, denim upcycling sessions and interactive DIY stations. The initiative forms part of the mall's efforts to drive footfall and retail spending during the summer shopping period by offering a mix of fashion-focused experiences, promotional campaigns and brand activations across its retail premises.Read more

07 Jun 2026

Danube Properties has expanded its international presence with the opening of a new sales office in Knightsbridge, Central London, strengthening its footprint in the United Kingdom. The office, located at 44 Brompton Road, follows the launch of the developer’s first UK office in Harrow two years ago. Designed to serve investors and homebuyers interested in Dubai real estate, the facility will offer personalised advisory services, dedicated marketing suites and virtual reality-based property showcases. The expansion forms part of the UAE-based developer’s broader strategy to increase engagement with overseas investors and build a stronger presence in key global markets. The company has also indicated plans to pursue further growth across the UK and Europe in the coming years.Read more

07 Jun 2026

PNB Housing Finance is set to raise up to INR 5 billion through a five-year bond issue, according to market sources. The proposed fundraising includes a base issue size of INR 4 billion and a greenshoe option of INR 1 billion. The non-convertible debentures will carry an annual coupon rate of 8.35%, with investor commitments scheduled to be sought on June 5. The issue has received AAA ratings from Care Ratings and India Ratings, indicating the highest degree of creditworthiness. The proposed bond sale comes amid continued activity in India's corporate debt market, where highly rated financial institutions are tapping investors to secure long-term funding amid evolving interest rate conditions.Read more

07 Jun 2026

• Kyro Capital has launched the Kyro India Opportunities Fund – I, a SEBI-registered Category II Alternative Investment Fund with a target corpus of INR 100 crore.
• The fund will invest in profitable growth-stage Indian companies expected to pursue initial public offerings within 24–36 months.
• Key sectors include energy and power, advanced manufacturing, aerospace and defence supply chains, and consumer and FMCG businesses.
• The fund targets a 35% internal rate of return (IRR) through pre-IPO primary investments and has a tenure of five years, extendable by two years.
• The first close is targeted for July 2026, with the platform expected to expand into additional India-focused and international investment strategies.Read more

07 Jun 2026

Bajaj Housing Finance has raised INR 20 billion through the reissue of its 7.83% May 2029 bonds, according to bankers involved in the transaction. The housing finance company accepted bids for the issue on June 4 and is expected to offer investors a yield of 8.15%. The bonds have a residual maturity of nearly three years and carry the highest AAA credit rating from Crisil. The fundraising comes amid active participation by financial institutions in India's corporate debt market as companies seek to secure medium-term funding through bond issuances. The transaction adds to a series of debt market deals announced this week, including planned bond offerings by PNB Housing Finance and REC.Read more

07 Jun 2026

Essential Properties Realty Trust, Inc. has announced the pricing of USD 400 million of senior notes carrying a 5.375% interest rate and maturing in 2036. The debt issuance forms part of the company’s capital-raising strategy and is expected to support its funding requirements, including potential investments, refinancing and other corporate purposes. The real estate investment trust (REIT), which focuses on acquiring and managing single-tenant properties across the United States, continues to access the debt market as investors seek stable income-generating real estate assets amid evolving interest rate conditions.Read more

Bangalore News Desk

06 Jun 2026

AFC Furniture Solutions has announced plans to expand its operations across Karnataka as growing demand from Global Capability Centres (GCCs), technology companies and commercial real estate developments continues to reshape workplace requirements in the state. The company is targeting 30% revenue growth in FY 2026-27, with Karnataka expected to play a central role in its expansion strategy. The move comes as Bengaluru remains India’s largest office market, supported by strong absorption of Grade-A office space and increasing occupier demand from technology, fintech and AI-driven firms. AFC plans to strengthen its presence through enhanced project execution capabilities, expanded design consultancy services and deeper partnerships with developers and corporate occupiers across Bengaluru and other emerging business centres.Read more

06 Jun 2026

Industry stakeholders have welcomed the Reserve Bank of India's decision to keep policy rates unchanged and maintain its neutral monetary policy stance, saying the move provides stability at a time of heightened geopolitical tensions, volatile commodity markets and global economic uncertainty. Real estate investors and developers believe a predictable interest rate environment will support buyer confidence, capital deployment and project execution. Market participants also expect growing investor interest in alternative investment vehicles such as real estate-focused AIFs as traditional asset classes remain exposed to global market fluctuations. The sector continues to face challenges from rising construction costs and cautious sentiment, but industry leaders maintain that stable monetary conditions will help sustain long-term growth and investment activity.Read more

06 Jun 2026

Ares Real Estate Income Trust has entered into a USD 100 million subscription agreement with Perigee SPV, according to a recent filing with the US Securities and Exchange Commission (SEC). The transaction is expected to provide additional capital to the real estate investment trust and further strengthen its funding base. The latest agreement comes as the company continues to pursue capital-raising initiatives through private placements and strategic investment structures. The filing did not disclose detailed financial terms beyond the subscription amount, but the move highlights the REIT’s ongoing efforts to secure long-term capital for its investment and growth plans.Read more

06 Jun 2026

Dubai-based real estate developer and investor Sweid & Sweid has signed The Executive Centre (TEC) to operate more than 53,000 sq ft of premium flexible workspace at Sweid One, its Grade A commercial development in Jumeirah Lakes Towers (JLT) within the DMCC free zone. The agreement marks TEC’s entry into DMCC and expands its presence across key commercial hubs in the UAE. TEC will occupy two full floors at the development, offering serviced offices, meeting facilities, collaborative workspaces and event areas. Sweid One spans approximately 1 million sq ft of built-up area, including around 500,000 sq ft of Grade A office space. The partnership reflects growing demand from businesses seeking flexible, high-quality work environments within established commercial districts.Read more

06 Jun 2026

Marseilia Egyptian Gulf Real Estate Investment reported a consolidated net profit attributable to shareholders of EGP 54.2 million for the first quarter of the year. The company also recorded consolidated revenue of EGP 550.2 million during the quarter. The latest financial results indicate continued business activity and revenue generation despite ongoing challenges in Egypt’s real estate sector, including inflationary pressures and higher construction costs. The performance provides an early indication of the company's operational momentum for the current financial year as developers continue to focus on project execution and sales.Read more

06 Jun 2026

• PDS has been certified as a Great Place to Work across 10 countries, including India, Hong Kong, Germany, China, Bangladesh, Vietnam, the UK, Turkiye, Sri Lanka and Pakistan.
• The certification was based on direct employee feedback, with nearly 90% participation across surveyed locations.
• The company said the recognition reflects its focus on fostering trust, inclusion, collaboration and employee empowerment.
• PDS continues to invest in leadership development, employee engagement, wellbeing initiatives and recognition programmes across its global operations.
• The certification is awarded through a research-based assessment of workplace culture, employee trust, pride and camaraderie.Read more

06 Jun 2026

Egypt is in the final stages of launching a USD 500 million equivalent Samurai bond in Japan, marking its first yen-denominated bond issuance in three years. The planned fundraising comes as the country continues efforts to diversify financing sources and strengthen fiscal stability. The African Development Bank had earlier agreed to provide a partial guarantee for the bond issuance, supporting investor confidence. While Egypt's economy has received support from major real estate investments and an IMF loan programme, rising energy costs and inflation linked to the Iran conflict continue to put pressure on the country's finances.Read more

Pune News Desk

06 Jun 2026

• Ceratec Group has announced plans for an on-demand built-to-suit commercial development with a potential built-up area of around 10 lakh sq ft in Wakad, Pune.
• The project, located adjacent to EON West, is expected to generate approximately INR 1,000 crore in revenue.
• The development will target occupiers including Global Capability Centres (GCCs), IT and ITES firms, corporate headquarters, educational institutions, healthcare providers and hospitality operators.
• The company is seeking partnerships with channel partners, international property consultants and leasing associates for tenant acquisition.
• The announcement comes amid rising demand for Grade A office spaces driven by multinational corporations, GCC expansion and technology-led businesses.Read more

05 Jun 2026

Prism, the parent company of travel technology firm Oyo, has received approval from the Securities and Exchange Board of India (Sebi) to launch its proposed initial public offering (IPO) worth INR 6,650 crore. The company had submitted its draft papers through the confidential filing route late last year and is now preparing to move to the next stage of the listing process. The IPO is expected to value the company between USD 7 billion and USD 8 billion. Prism is also assessing market conditions before finalising its public filing and broader listing timeline.Read more

05 Jun 2026

France has awarded its prestigious “Palace” distinction to six additional luxury hotels, expanding the country’s highest tier of hospitality recognition to 33 properties. The newly recognised establishments include three hotels in Paris alongside properties in Megève, Cannes and the Champagne region. Introduced in 2010, the designation is reserved for exceptional five-star hotels that meet stringent standards relating to service, location, heritage and guest experience. The recognition is widely regarded as one of the most sought-after accolades in global luxury hospitality.Read more

05 Jun 2026

Godrej Capital is aiming to increase its assets under management (AUM) by over 30% to INR 38,000 crore during the current financial year, while setting a longer-term target of INR 1 lakh crore over the next five years. Alongside expanding its lending business, the company has entered the wealth management segment through the launch of Godrej Wealth. The firm plans to strengthen its presence across India, introduce new lending products, and deepen its affordable housing finance portfolio. The company also intends to explore a public listing after achieving greater scale and demonstrating consistent business performance.Read more