23 May 2026

Dubai Holding Asset Management has started construction work on its Lantana Hills residential development and awarded the AED 680 million construction contract to Group AMANA. The announcement was made through the Dubai Media Office. The project is part of the company’s premium community development plans in Dubai as demand for high-end housing continues to grow across the emirate. Dubai’s residential market has remained active over the past few years, supported by population growth, strong investor interest, and large-scale infrastructure expansion. Developers across the city have continued to launch new residential communities to meet rising demand in both luxury and mid-segment housing markets.Read more

23 May 2026

BHIVE Workspace has expanded its presence in Bengaluru’s Whitefield office market through a new managed workspace campus at Concorde Econex, located along the ORR–Whitefield corridor. The company stated that the upcoming campus will accommodate more than 3,000 seats and is being developed as a premium “BHIVE Platinum” facility with an investment exceeding INR 30 crore. The project, developed in partnership with Concorde, reflects rising demand for flexible and experience-led office spaces across Bengaluru’s eastern commercial corridor. The campus will offer multiple workspace formats, lifestyle-focused amenities, collaborative infrastructure and public-facing recreational facilities as flexible workspace operators continue expanding within key Grade A office micro-markets.Read more

23 May 2026

Asia Pacific’s data centre sector recorded a historic USD 11.6 billion in investments during 2025, according to CBRE’s latest regional outlook report, with access to power infrastructure increasingly shaping where new developments are being planned. The report identified India, Malaysia and Australia among the key beneficiaries of this shift as artificial intelligence-led demand pushes operators and investors beyond traditional markets such as Singapore and Hong Kong SAR. Entity-level transactions across operating platforms and companies reached USD 8.3 billion during the year, while new AI-focused cloud providers, referred to as “neoclouds”, emerged as an additional source of demand. CBRE noted that developers and investors are increasingly prioritising power-secure locations, built-to-suit campuses and infrastructure partnerships to support high-density AI workloads across the region.Read more

22 May 2026

Airports Economic Regulatory Authority has fixed a User Development Fee (UDF) of INR 620 for departing domestic passengers and INR 1,225 for international passengers at Navi Mumbai International Airport. The regulator issued the order ahead of the airport’s planned operational launch, approving the tariff structure proposed for the greenfield airport being developed by Navi Mumbai International Airport Ltd. The UDF will form part of the airport’s revenue framework to support infrastructure development and operational costs. Navi Mumbai International Airport, being developed in phases near Mumbai, is intended to reduce congestion at Chhatrapati Shivaji Maharaj International Airport and strengthen aviation capacity across the Mumbai Metropolitan Region.Read more

22 May 2026

The Maharashtra government has expanded the notified area of the Kharbav Integrated Business Park from 10 villages to 44 villages across the Bhiwandi and Vasai regions, bringing an additional 34 revenue villages under a unified planning framework led by Mumbai Metropolitan Region Development Authority. The move is aimed at accelerating logistics, industrial, warehousing and commercial development in the Mumbai Metropolitan Region (MMR). The expanded business park is expected to support employment generation, infrastructure growth and investment activity while reducing development pressure on core Mumbai through planned economic expansion in emerging growth corridors.Read more

22 May 2026

Rental prices in Ireland recorded a significant increase of 4.4% in the first quarter compared to the previous three months, marking the steepest quarterly rise since data tracking began in 2002. The increase comes after recent changes to the country’s rent control system, which appear to have allowed landlords to reset rents to market levels at the end of tenancies. Annual rents were 7.8% higher at the end of March and remain far above pre-pandemic levels. Supply constraints continue, even as listings rise in several cities following the regulatory update.Read more

22 May 2026

• The Supreme Court has granted interim relief to Bharat Hotels in its dispute with NDMC over The Lalit New Delhi property.
• The apex court directed both parties to maintain status quo, stopping immediate action against the hotel property.
• The dispute relates to termination of the land licence agreement and recovery of over INR 1,063 crore in alleged dues.
• The Delhi High Court had recently upheld NDMC’s decision to end the licence agreement with Bharat Hotels.
• The case is being closely watched by the hospitality and real estate sectors due to its possible impact on long-term government land lease agreements.Read more

22 May 2026

The Insolvency and Bankruptcy Board of India has issued fresh guidelines for the empanelment of insolvency professionals to speed up appointments in corporate insolvency and bankruptcy proceedings under the Insolvency and Bankruptcy Code. The revised framework introduces stricter eligibility disclosures, mandatory consent provisions and penalties for refusal of assignments after empanelment. Insolvency professionals seeking inclusion in the panel must submit expressions of interest by June 19, 2026, while the final list is scheduled to be shared with adjudicating authorities by June 30. The regulator has also directed applicants to disclose sectoral experience to facilitate specialised handling of insolvency cases. The move is aimed at reducing delays in the appointment of interim resolution professionals, liquidators, resolution professionals and bankruptcy trustees across insolvency proceedings.Read more

22 May 2026

BriQ Properties REIC reported a rise in net profit for the first quarter, supported by stable operating performance and steady earnings from its property portfolio. The company’s net profit increased to EUR 3.6 million from EUR 3 million in the corresponding period last year, while EBITDA also saw a marginal rise to EUR 4.6 million. Rental income remained largely stable at EUR 5.3 million compared to EUR 5.4 million a year ago. The latest quarterly performance reflects continued resilience in the company’s income-generating real estate assets despite slight pressure on rental revenue.Read more

22 May 2026

Indian Hotels Company Limited has announced the signing of a 55-key brownfield Tree of Life resort in Wayanad, Kerala, expanding its presence in the state’s growing leisure hospitality market. The project marks the entry of the Tree of Life brand into Kerala and is being developed in partnership with Saeed Edavankandy. IHCL said the move aligns with its strategy to strengthen its footprint in high-potential tourism destinations across India. With this addition, IHCL’s portfolio in Kerala will increase to 23 hotels, including five properties that are currently under development.Read more

22 May 2026

Argosy Property Ltd has announced a fourth-quarter cash dividend of 1.6625 NZ cents per share for FY2026. The update was disclosed in a recent company filing and comes as the New Zealand-based property firm continues its regular shareholder payout cycle. The company has maintained a consistent dividend distribution approach over recent quarters amid changing market conditions and interest rate pressures affecting the broader real estate sector. Argosy Property is known for managing a diversified commercial property portfolio across New Zealand, including office, industrial and retail assets.Read more

22 May 2026

WeWork India Management Ltd reported a strong rise in quarterly earnings as demand for managed office spaces and flexible work centres continued to grow across major Indian cities. The company’s consolidated net profit increased 80 per cent to INR 65.55 crore during the March quarter, supported by higher income and steady expansion of its workspace portfolio. Revenue also saw healthy growth during the quarter. However, annual profit for FY26 declined compared to the previous financial year despite a rise in total income, reflecting operational and expansion-related pressures in the flexible office segment.Read more

22 May 2026

• Embassy Developments posted a consolidated net loss of INR 872.47 crore in FY26 despite reporting strong residential sales growth.
• The company recorded pre-sales of nearly INR 4,631 crore during the financial year, driven by projects in Bengaluru.
• Several new housing projects, including Embassy Greenshore and Embassy Verde Phase II, saw strong customer response after launch.
• Embassy Developments continued focusing on debt reduction, collections improvement and expansion in Bengaluru and Mumbai markets.
• The company is also preparing for upcoming launches in Worli, Alibaug and north Bengaluru as part of its growth pipeline.Read more

22 May 2026

Arvind SmartSpaces reported a 13.22% decline in consolidated net profit for FY26, even as the company achieved its highest-ever annual bookings and expanded its residential pipeline across Bengaluru and Mumbai. Profit after tax stood at INR 103.41 crore compared to INR 119.16 crore in FY25, while total income also declined during the year. However, the company posted strong growth in the March quarter, with quarterly profit rising more than 102% year-on-year. The developer also approved fundraising plans of up to INR 300 crore through debt securities and recommended a final dividend of INR 2.25 per equity share.Read more

22 May 2026

• Aditya Birla Real Estate said its unit achieved sales bookings worth INR 1,007 crore at the Birla Taranya residential project in Thane.
• The project performance reflects continued demand for premium and upper mid-income housing in the Mumbai Metropolitan Region.
• Thane has remained a strong residential market due to improving infrastructure, connectivity, and growing end-user demand.
• The company has been expanding its residential portfolio across major cities including Mumbai, Bengaluru, Pune, and NCR.
• The latest bookings come as branded developers continue to benefit from steady housing demand and consolidation in the real estate sector.Read more

22 May 2026

• IndiQube Spaces reported a net loss of INR 106.34 crore in FY26 despite growth in revenue and office portfolio.
• The company’s total income increased to INR 1,527.51 crore during the financial year.
• IndiQube expanded its presence to 17 cities with 130 properties and over 9.66 million sq ft under management.
• Seat capacity rose to around 2.15 lakh seats, while occupancy remained stable at 88%.
• The company also reduced leverage significantly, with debt-to-equity ratio improving to 0.08 from 0.9 in FY25.Read more

21 May 2026

• Kalpataru Properties and Shangrila Infracon India are planning to raise a combined INR 2,600 crore through bond issuances targeted at private credit investors, according to sources.
• Kalpataru intends to raise INR 1,635 crore through four-year and nine-day bonds carrying an 8 per cent coupon, while Shangrila Infracon plans a maiden INR 950 crore issue with a three-year tenure.
• Private credit funds are expected to show strong interest in the transactions amid rising demand for structured real estate financing opportunities.
• GSS India Opportunities Alternate Investment Fund has reportedly committed to half of Kalpataru’s proposed issuance.
• The planned fundraises reflect increasing reliance on private credit capital as banks remain selective in lending to real estate companies.Read more

21 May 2026

British Land Company reported annual earnings above market expectations, supported by strong demand for premium office spaces in London from artificial intelligence and technology firms. The company posted an underlying profit of GBP 294 million for the financial year ended March 31, slightly ahead of analyst estimates. Demand from firms linked to the fast-growing AI sector, including Anthropic, continued to support leasing activity across key office locations. At the same time, British Land’s retail parks neared full occupancy, which slowed rental growth in that segment. Despite changing market conditions, the company maintained its earnings outlook for 2027.Read more

Hyderabad News Desk

21 May 2026

Cyberabad police have registered a case against Saket Engineers over allegations of mortgage fraud involving villas and flats in Hyderabad’s Kompally area. The complaint states that occupied and already allotted properties were shown as unsold inventory and allegedly mortgaged to secure a loan of around INR 30 crore. The issue surfaced after an online encumbrance certificate check revealed discrepancies in ownership records. Authorities further suspect that multiple villas and over 20 flats may have been similarly included in loan documents, and the matter is now under detailed investigation.Read more

21 May 2026

Vukile Property Fund has announced plans to raise nearly INR 13.5 billion (about ZAR 2.8 billion) through a new share issue as part of its expansion strategy in Europe. The fundraising will be carried out through an accelerated bookbuild process and the proceeds will mainly be used to acquire three shopping centres in Italy valued at EUR 115 million. The move comes as the South African property group continues to increase its presence in the European retail real estate market, particularly through retail-focused assets in countries such as Spain and Italy.Read more