06 Jul 2026

Australia’s housing market recorded its steepest monthly decline in more than three years as higher borrowing costs, affordability pressures and changes to property taxation weakened buyer demand. Home prices fell across major cities, particularly Sydney and Melbourne, while mortgage demand, auction clearance rates and housing turnover also declined. Despite the recent correction, home values remain above year-ago levels following a strong multi-year rally. The slowdown is expected to have broader implications for Australia’s economy, with the Reserve Bank closely monitoring risks to consumption and housing activity.Read more

06 Jul 2026

Hatten Land Ltd has moved ahead with its proposed acquisition of Metrocon Pte by submitting a circular to the Singapore Exchange (SGX-ST). Alongside the acquisition, the company has proposed a compliance placement of up to 25 million new shares at a minimum price of SGD 0.20 per share and has applied to list up to 178.87 million shares on the SGX-ST. The proposed transaction forms part of Hatten Land's ongoing corporate restructuring efforts as it seeks to meet regulatory requirements and strengthen its business operations.Read more

06 Jul 2026

Swiss healthcare real estate company Infracore has fixed the offer price for its initial public offering (IPO) at 54 Swiss francs per share, valuing the company at around USD 1 billion. The listing on the SIX Swiss Exchange is scheduled for July 9 and is expected to raise about 200 million Swiss francs through newly issued shares. The company plans to use the proceeds to acquire more hospital properties and repay shareholder loans. Strong investor demand has already covered both the primary offering and the greenshoe option, indicating positive market interest.Read more

06 Jul 2026

French warehouse developer Argan reported a 4% year-on-year increase in rental income for the first half of 2026, supported by the full-year contribution of warehouses delivered in 2025, annual rent indexation and a return to full occupancy. The company has slightly raised its rental income guidance for 2026 to at least EUR 221 million and expects further support from two projects scheduled for completion later this year. Analysts continue to maintain a positiveRead more

06 Jul 2026

Sri Lanka’s stock market ended slightly lower, marking its second consecutive session of losses as declines in communication services and real estate stocks offset gains in the IT and healthcare sectors. The benchmark CSE All Share Index slipped 0.09%, while trading activity and market turnover also declined compared to the previous session. Foreign investors remained net sellers, whereas domestic investors continued to buy shares. The latest session reflects cautious investor sentiment amid lower trading volumes and selective sectoral movements across the market.Read more

05 Jul 2026

Bloom Energy and Brookfield have expanded their partnership to finance power projects for artificial intelligence (AI) infrastructure, increasing their investment framework from USD 5 billion to USD 25 billion. The move reflects rising demand for reliable and cleaner power solutions as AI data centres continue to grow worldwide. The expanded collaboration will accelerate the deployment of Bloom Energy's fuel cell technology and forms part of Brookfield's AI Infrastructure Fund, which aims to invest USD 100 billion. Following the announcement, Bloom Energy's shares rose sharply in extended trading.Read more

05 Jul 2026

Swedish real estate company K-Fast Holding AB (K-Fastigheter) has agreed to sell a residential project comprising 255 rental apartments in Gothenburg to insurance and pension group Folksam. The transaction values the underlying property at SEK 793 million and forms part of K-Fastigheter’s ongoing strategy of monetising selected residential developments while strengthening its capital position. The company has completed several property divestments over the past year as it continues to focus on balancing project development, construction and long-term property management.Read more

05 Jul 2026

Swedish education group Cedergrenska has announced plans to acquire the Hamnen 4 school property in Stocksund for SEK 19 million as part of its strategy to expand its portfolio of owned educational facilities. Following the acquisition, the company's property arm, Fastigheter, will own three school properties with a combined book value of approximately SEK 40 million. The company is also targeting a school property portfolio with a book value of up to SEK 100 million by the end of 2027, reflecting its long-term focus on strengthening its real estate holdings alongside its education business.Read more

05 Jul 2026

Developers across the Gulf region need to rethink residential design as rising temperatures and heat stress expose the limitations of conventional construction methods, according to Talal M. Al Gaddah, CEO and Founder of Keturah. Citing new research from the European Centre for Medium-Range Weather Forecasts, he said luxury homes should increasingly incorporate materials and systems designed to address heat, humidity and indoor air quality. The comments come as the UAE and Saudi Arabia continue to promote sustainable urban development through long-term planning frameworks, while buyers place greater emphasis on healthy indoor environments alongside traditional luxury features.Read more

05 Jul 2026

Myanmar's government is preparing to restart the long-delayed Myitsone hydropower project in Kachin State, with construction expected to be completed in around eight years. Backed by China, the USD 3.6 billion project has remained suspended since 2011 due to public opposition over environmental and social concerns. Officials say fresh assessments and modern technology will help address safety and displacement issues, while civil society groups continue to oppose the project. The dam's revival comes as Myanmar seeks to address its electricity shortage and strengthen economic ties with China.Read more