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

27 May 2026

Tamdeen Real Estate has announced that one of its subsidiaries has signed a contract for the design of a new hotel complex planned on company-owned land in the Dasman area of Kuwait. The contract is valued at nearly KWD 3.5 million and marks another step in the company’s hospitality and mixed-use development strategy. The project is expected to strengthen Tamdeen’s presence in Kuwait’s real estate and tourism-related segments, where developers have been increasing investments in hospitality assets amid growing demand for premium accommodation and commercial infrastructure.Read more

27 May 2026

• SAMHI Hotels reported a net profit of INR 566.54 crore for FY26, supported by improved hotel performance, portfolio expansion and sustained travel demand.
• The company continued to strengthen its presence across key business and leisure hospitality markets while expanding strategic partnerships and acquisitions.
• SAMHI also advanced new growth initiatives, including a large hotel project in Navi Mumbai and expansion into experiential hospitality through its investment in RARE India.Read more

27 May 2026

The Reserve Bank of India (RBI) has imposed monetary penalties on City Union Bank, Mintifi Finserve, and Newa Investments for non-compliance with regulatory directions. City Union Bank was fined INR 10.10 lakh for charging loan-related fees on certain priority sector agricultural loans and for failing to report self-help group member-level data to credit information companies. Mintifi Finserve was penalised INR 3.10 lakh for delays in uploading KYC records to the central registry. Newa Investments was fined INR 2.70 lakh for governance-related violations involving changes in its board structure without prior RBI approval.Read more

27 May 2026

Industry body ASSOCHAM has stated that India is better positioned to manage retail inflation compared to other top 10 global economies, even as West Asia tensions continue to disrupt global energy markets. It has recommended that the Reserve Bank of India maintain the repo rate in its upcoming June monetary policy review while supporting MSMEs through liquidity, interest subvention and moratorium measures. ASSOCHAM noted India’s inflation rose marginally from 3.2 per cent in February 2026 to 3.5 per cent in April 2026, remaining significantly lower than sharper increases seen in the US during the same period.Read more

27 May 2026

• Shriram Properties Ltd reported a 65 per cent rise in consolidated net profit to INR 78.53 crore for the quarter ended March 31, compared with INR 47.66 crore a year earlier.
• The growth was driven by higher income, supported by steady demand in the housing segment across key markets.
• Total quarterly income increased to INR 662.73 crore from INR 427.51 crore in the corresponding period of the previous year.
• For fiscal 2025–26, net profit rose to INR 100.81 crore, while total income climbed to INR 1,356.93 crore.
• The company continues to expand its presence with a large project pipeline across Bengaluru, Chennai, Pune and West Bengal.Read more

27 May 2026

• RBI announces four-day variable rate repo (VRR) auction of INR 1.50 lakh crore scheduled for May 25.
• Funds will be reversed on May 29, with bidding window set between 9:30 am and 10:00 am.
• Banking system liquidity surplus has narrowed sharply due to recent GST-related outflows.
• Overnight call money rates have risen above the repo rate, prompting additional liquidity infusion measures.Read more