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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
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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
21 May 2026
Intuit has leased over 6.3 lakh sq ft of office space at Embassy TechVillage on Outer Ring Road, Bengaluru, in a deal valued at around INR 915 crore. The long-term lease, registered in recent weeks, marks one of Bengaluru’s larger office transactions this year. The deal highlights continued demand from multinational technology firms for large Grade A office campuses in established commercial corridors. Outer Ring Road remains among Bengaluru’s most active office micro-markets, driven by technology occupiers and global capability centres expanding operations in the city.Read more
21 May 2026
• India’s GCC workforce is projected to expand to nearly 3.5 million by 2030, creating demand for around 160–200 million sq ft of office space across major business markets.
• Flexible workspaces are expected to account for 65–80 million sq ft, capturing up to 45% of future GCC office demand as companies increasingly adopt managed and asset-light office models.
• Tier-II cities are witnessing rising GCC expansion due to lower rentals, talent availability, reduced operating costs and improving infrastructure connectivity.Read more
21 May 2026
The Tamil Nadu Alliance of Resident Welfare Associations (TNARWA) has urged the state government to undertake a transparent statewide audit of property tax assessments for residential and commercial buildings, alleging large-scale tax evasion and manipulation in civic valuation processes. The federation claimed that irregular assessments and under-reporting of property details have resulted in revenue losses amounting to hundreds of crores of rupees for urban local bodies across the state. The organisation has sought inspections of properties linked to elected representatives and politically connected individuals, alongside disciplinary action against officials responsible for alleged lapses in assessment procedures. The demand comes amid concerns over Tamil Nadu’s fiscal position and follows previous allegations of property tax irregularities in certain urban local bodies. TNARWA has also called for the creation of an independent oversight mechanism and a fully digital inspection framework to improve transparency in tax administration.Read more
20 May 2026
The Lucknow Municipal Corporation is preparing to introduce a one-time settlement (OTS) scheme to help nearly 25 lakh residents clear long-pending house tax and water dues. The move is aimed at reducing the financial burden on property owners whose liabilities increased due to accumulated interest and revised property assessments over the years. Civic authorities estimate that pending house tax dues have crossed INR 700 crore, while water and sewerage dues stand at around INR 110 crore. The proposed scheme is expected to offer relief through interest waivers and help improve revenue recovery for the civic body.Read more
20 May 2026
Residential asking prices in the UK recorded a stronger-than-usual rise in May, according to property portal Rightmove, even as global uncertainty linked to the Iran conflict continued to affect sentiment. Average asking prices increased 1.2% month-on-month, above the typical seasonal rise seen during this period. Mortgage rates also eased slightly, offering some relief to buyers. However, annual price growth remained negative, while sales activity stayed mixed. The number of homes available for sale continued to remain at its highest level in more than a decade, indicating that supply in the market is still elevated.Read more
20 May 2026
• Indian Hotels Company (IHCL) has signed a 105-key brownfield gateway resort project in Bharatpur, Rajasthan.
• The company said Bharatpur is witnessing rising demand for experiential tourism, destination weddings and MICE activities due to its strategic location and bird sanctuary.
• With the new signing, IHCL’s Rajasthan portfolio will increase to 67 hotels, including 24 under development.
• Separately, Hilton has signed a 96-key Hilton Garden Inn hotel in Kompally, Hyderabad, which is expected to open in 2028.
• Hilton said it plans to significantly expand its India portfolio in the coming years, targeting both major gateway cities and emerging business destinations.Read more
20 May 2026
• Australia’s Labor government is facing voter backlash after proposing major changes to property investment taxes in its latest budget.
• The reforms include limiting capital gains tax discounts and negative gearing benefits to address housing affordability and intergenerational inequality.
• Recent polls showed many voters believe the measures could negatively impact the economy, with strong opposition coming from older Australians, homeowners and property investors.
• Despite criticism over breaking earlier election promises on housing taxes, Prime Minister Anthony Albanese remained the preferred leader in one of the surveys.
• Support for the far-right One Nation party increased following the budget announcement, while younger Australians and renters were comparatively less critical of the proposed reforms.Read more
20 May 2026
Managed office space operators Table Space and The Executive Centre (TEC) are expanding their commercial real estate footprint across South India amid rising demand for flexible workspaces from technology firms and global capability centres (GCCs). Table Space has added close to five lakh sq ft across Hyderabad’s key office markets including HITEC City and Kokapet. TEC has announced new centres across Bengaluru, Hyderabad and Chennai, adding around 4.65 lakh sq ft and over 6,000 workstations. The expansion reflects continued demand for Grade A managed office spaces and enterprise-focused flexible workspace solutions in major IT hubs.Read more
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