29 May 2026

• Development Bank of Japan has invested in HDFC Capital Advisors’ H-DREAM Fund focused on affordable and mid-income housing projects in India.
• The investment marks DBJ’s first partnership with HDFC Capital and supports residential developments across multiple Indian cities.
• HDFC Capital said the fund will provide long-term capital for housing projects amid rising urban housing demand and financing needs.
• The partnership is expected to strengthen institutional participation in India’s affordable housing and real estate investment segment.Read more

29 May 2026

• Mehta Realty has launched Mehta Angelo, a Grade-A commercial project in East Goregaon, Mumbai, aimed at supporting both current and future business expansion needs.
• The development offers 35,000 sq. ft of office space across a seven-storey structure, with unit sizes ranging from 445 sq. ft to 4,919 sq. ft.
• Designed with efficient layouts and open-plan spaces, the project allows businesses to customise offices based on operational requirements.
• Located in a well-connected commercial belt, it provides access to rail, metro, and major road networks, including proximity to key business hubs.
• The project also includes sustainability features such as LEED Gold pre-certification, energy-efficient systems, and water conservation measures.Read more

29 May 2026

Sirius Real Estate has notarised the acquisition of a defence-supported business park in Fulda, Germany, for EUR 49.8 million. The deal adds to the company’s growing portfolio of business and industrial parks across Germany and the UK. The property is linked to defence sector activity, a segment that has continued to see stable demand amid rising government spending across Europe. The acquisition comes as Sirius Real Estate continues to focus on income-generating assets with long-term occupancy potential and strategic regional importance in Germany’s commercial real estate market.Read more

29 May 2026

• Tata Group-owned IHCL has opened the 6-key Taj Bush Lodge in the Big Five Balule Nature Reserve in Greater Kruger, South Africa.
• The property marks Taj’s entry into South Africa’s luxury safari and wildlife hospitality segment.
• IHCL said the lodge is the first of three Taj wilderness lodges planned for the Greater Kruger region.
• The company aims to strengthen its South African hospitality portfolio by connecting Cape Town tourism with Kruger National Park’s wildlife experience.
• The expansion comes amid rising global demand for experiential travel, safari tourism and luxury nature-based stays.Read more

29 May 2026

The Development Bank of Japan (DBJ) has partnered with HDFC Capital to invest in an India-focused real estate fund aimed at developing affordable and mid-income housing projects. The H-DREAM Fund has a targeted corpus of USD 1 billion, including a USD 500 million greenshoe option, and has already received investor commitments of more than USD 350 million. The investment marks DBJ’s first real estate investment in India and comes amid growing participation by Japanese institutions in India’s financial and property sectors. The fund will focus on green housing developments and will operate through GIFT City’s offshore feeder fund structure.Read more

29 May 2026

Aroundtown SA reported a sharp decline in first-quarter profit as the absence of property revaluation gains and rising finance costs weighed on earnings. The company’s net profit fell by more than 50% year-on-year to EUR 118.9 million, even as German commercial property prices continued to recover after a prolonged downturn. Aroundtown’s funds from operations (FFO I), a key earnings metric for property firms, also declined due to higher borrowing costs. However, the company maintained its full-year guidance, indicating that operational performance remained within expectations despite ongoing market and geopolitical uncertainties.Read more

29 May 2026

Smartworks Coworking Spaces has expanded its footprint in Bengaluru by leasing nearly 4.92 lakh sq ft office space at Sattva Aura on Outer Ring Road from Sattva Group. The company plans to develop a large managed workspace campus to cater to rising demand from enterprises and Global Capability Centres (GCCs). The expansion comes amid steady growth in India’s flexible office market, especially in Bengaluru’s technology and corporate corridors. Industry data showed office leasing activity remained strong in 2025, with coworking operators accounting for a significant share of total absorption across major cities.Read more

28 May 2026

Keppel DC REIT has announced the termination of its proposed sale involving NetCo bonds and preference shares. The decision was disclosed in a filing released earlier today, with the company confirming that the planned transaction will not proceed further. The update comes as part of its routine corporate disclosures under its listed entity obligations. Keppel DC REIT, which focuses on data centre-related assets, did not provide additional financial details regarding the cancellation. The move reflects a change in direction on the previously proposed divestment exercise.Read more

28 May 2026

India’s office space market is expected to witness steady growth in net leasing activity across the top seven cities this fiscal year, with demand projected to rise 6–7 per cent, according to Crisil Ratings. The outlook, however, remains sensitive to global headwinds such as geopolitical tensions, tariff-related challenges and potential disruptions linked to artificial intelligence adoption. The IT and ITeS sector continues to be the primary demand driver, though cautious expansion plans are influencing investments. Vacancy levels in Grade A commercial spaces are expected to ease marginally as absorption trends remain stable.Read more

28 May 2026

China Vanke Co is seeking one-year extension for four onshore bonds, offering 40% upfront repayment of principal. Two medium-term notes of 2 billion yuan each due June 15 and July 7 with 3.07% coupons are included. A bondholder meeting is scheduled for June 5 with voting deadline June 9. Two additional corporate bonds due or puttable in July also fall under proposal. The move follows earlier approval in January for similar extensions on three yuan bonds. Sources said company has not responded.Read more

28 May 2026

Lagenda Properties reported a marginal decline in its financial performance for the first quarter of 2026, with revenue and net profit remaining largely stable compared to the previous year. The company posted revenue of 262.1 million RGT against 264.4 million RGT in the corresponding period last year, while profit attributable to equity holders stood at 44.2 million RGT. Despite softer earnings, the developer said it plans to maintain its current housing prices for the time being. The company has continued focusing on affordable housing developments, a segment that has supported steady demand in Malaysia’s residential market.Read more

27 May 2026

• Life Insurance Corporation of India (LIC) reported a net profit of INR 23,420 crore in the March quarter of FY26, making it the most profitable entity in India’s financial sector.
• The state-owned insurer also retained its position as the highest profit-making Central Public Sector Enterprise (CPSE) during the fourth quarter.
• It was followed by State Bank of India (INR 19,684 crore) and HDFC Bank (INR 19,221 crore) in quarterly profitability.
• LIC’s Assets Under Management rose to INR 57,29,396 crore as of March 2026, reflecting steady growth across its portfolio.Read more

27 May 2026

Brihanmumbai Municipal Corporation has initiated the process to raise INR 1,000 crore through municipal bonds in FY27 to support its urban infrastructure funding requirements. The issuance forms part of the civic body’s broader strategy to use market-based borrowing for financing ongoing and planned infrastructure projects across Mumbai. Backed by its strong credit profile and AAA rating, the BMC continues to tap capital markets to diversify funding sources and meet rising capital expenditure needs in India’s financial capital.Read more

27 May 2026

• RL Commercial REIT Inc confirmed that it is evaluating possible assets for infusion into the company.
• The company did not disclose details regarding the assets, valuation or timeline for any potential transaction.
• The move reflects ongoing expansion and portfolio growth efforts within the REIT sector.
• RL Commercial REIT mainly holds office properties in the Philippines, including assets leased to corporate and BPO tenants.
• Market participants are closely monitoring REIT acquisition pipelines amid evolving office market conditions and interest rate trends.Read more

27 May 2026

• Eldeco Housing and Industries has approved its audited standalone and consolidated financial results for FY26 at its board meeting held on May 25.
• The company received unmodified audit opinions from statutory auditors for both standalone and consolidated financial statements under SEBI listing regulations.
• Eldeco’s consolidated operations include an extensive network of wholly owned subsidiaries engaged in real estate, housing and infrastructure development projects across multiple regions in India.Read more

27 May 2026

• Utopia Real Estate Investment and Tourism reported a Q1 net profit after tax of EGP 9.1 million.
• The company posted quarterly revenue of EGP 13.8 million during the same period.
• The earnings update reflects ongoing activity in Egypt’s real estate and tourism sectors.
• Property and tourism-linked firms in Egypt continue to face inflationary and financing cost pressures while maintaining operations.
• Investors are closely tracking quarterly performances of listed real estate companies to assess market demand and revenue trends.Read more

27 May 2026

Flexible workspace operator Awfis Space Solutions Ltd reported a sharp rise in consolidated net profit for the March quarter, supported by higher demand for managed office spaces across key cities. The company’s revenue also recorded healthy growth during the quarter and the full financial year. Awfis continued to benefit from expansion in the co-working and flexible office segment as companies increasingly adopted hybrid working models and managed workspace solutions. The firm, which operates across 18 cities with over 250 centres, has been steadily expanding its footprint amid rising demand from startups, enterprises and global capability centres.Read more

27 May 2026

• Ajmera Realty & Infra India approved its audited standalone and consolidated financial results for FY26 at a board meeting held in Mumbai.
• The company has recommended a final dividend of Re 1 per equity share for FY26, subject to shareholder approval at the upcoming AGM.
• Ajmera Realty reported growth in consolidated net profit, total comprehensive income and net worth during FY26 while maintaining an unmodified audit opinion on its financial statements.Read more

27 May 2026

• Centerbridge Partners is reportedly in discussions to acquire a stake in US-based real estate company Merritt Properties, according to a Financial Times report.
• The potential transaction could value Merritt Properties at nearly USD 3 billion.
• Merritt Properties has a significant portfolio of industrial, warehouse, office and flex-space assets across the United States.
• The talks reflect continued investor interest in stable, income-generating commercial real estate assets despite recent market challenges.
• The reported deal also highlights increasing private equity activity in industrial and logistics-focused real estate platforms.Read more

27 May 2026

• Reliance Infrastructure reports consolidated net profit of INR 918.07 crore in Q4 FY26, down sharply from INR 4,387.08 crore a year earlier
• Revenue and total income decline marginally to INR 4,154.34 crore in the March quarter, reflecting weaker operating performance
• Rising expenses, particularly higher power purchase costs, weigh on profitability during the reporting period
• Company appoints new CEO and CFO as part of senior management restructuringRead more