20 Jul 2026

Titijaya Land Bhd has received permission from the High Court to proceed with its judicial review application, marking a key development in the ongoing legal matter. The court also extended the interim stay order that had been granted earlier, allowing the existing position to remain until the case progresses further. While the company has not disclosed additional details on the dispute, the latest ruling enables the judicial review to move forward. The matter is expected to continue through the legal process, with further updates likely as the court hears the substantive application.Read more

20 Jul 2026

CA Immobilien Anlagen AG (CA Immo) has signed another lease agreement for around 1,500 square metres of office space at its CIELO office building in Dusseldorf. The latest transaction comes as the company continues to strengthen occupancy at the premium office asset while advancing its strategy of repositioning the property as a multi-tenant office building. Earlier this year, the company had already secured multiple lease agreements at the same property, reflecting continued demand for quality office spaces in Dusseldorf's central business district despite a challenging commercial real estate market.Read more

20 Jul 2026

SEGRO has strengthened its leasing activity by signing three new agreements covering around 540,000 square feet at SEGRO Park Coventry. The deals include facilities for Volvo Group UK, DIRKS Consumer Logistics and GigaCloud Technology, adding GBP 6 million in annual rental income. The new leases form part of the GBP 53 million in new rent secured by the company during the first half of 2026. The developments will expand the park's occupied space, support logistics operations, create employment opportunities and reinforce SEGRO's industrial and warehousing portfolio across the UK.Read more

20 Jul 2026

Kuwait Business Town Real Estate has renewed its Murabaha financing facility agreement with a foreign bank, maintaining an Islamic financing arrangement worth GBP 30.240 million. The renewal ensures the company continues to have access to Shariah-compliant funding to support its financial requirements. Murabaha financing is widely used in Islamic banking as an alternative to conventional interest-based lending. The company has not disclosed the identity of the lending bank or provided details on the tenure, repayment structure, or intended use of the renewed facility.Read more

20 Jul 2026

PPI Public Property Invest reported an increase in its key operating metrics during the second quarter of 2026, with rental income, net operating income and profit from property management showing year-on-year growth. Rental income reached SEK 884 million, while net operating income rose to SEK 743 million. Profit from property management also improved to SEK 387 million. However, the company posted a loss after tax of SEK 59 million for the quarter, even as its first-half after-tax profit remained positive at SEK 219 million.Read more

19 Jul 2026

Ireland’s residential property market recorded annual house price inflation of 6.2% in May, unchanged from the previous month and marking the slowest annual growth rate in almost two and a half years, according to Central Statistics Office data released earlier this week. The figures indicate that the pace of price increases has moderated from the 10.1% peak seen in August 2024, although housing values remain substantially higher than a decade ago. Prices are now nearly three times the level recorded at the 2013 trough following Ireland’s major property market crash.Read more

19 Jul 2026

Sime Darby Property Bhd informed Bursa Malaysia that the Shah Alam High Court has delivered a decision related to a land compensation matter involving one of its units. The court recently set aside a MYR 78.6 million award that had been granted under severance and injurious affection claims. The company disclosed that the decision was issued on July 10, 2026. The matter relates to compensation linked to land acquisition proceedings. Sime Darby Property has not yet provided further financial impact details or additional legal steps following the ruling. The company remains one of Malaysia’s major township and property developers.Read more

19 Jul 2026

A Federal High Court in Abuja has ordered the final forfeiture of 48 properties linked to former Nigerian Attorney-General and Justice Minister Abubakar Malami after determining that the assets were reasonably suspected to be proceeds of crime. The ruling follows an application by the Economic and Financial Crimes Commission (EFCC), which is prosecuting Malami on money laundering and conspiracy charges involving billions of naira. The forfeited portfolio includes residential, educational and industrial assets located across Nigeria, with the court noting that no successful challenge to the interim forfeiture order was filed within the prescribed period.Read more

19 Jul 2026

Knowledge Economic City (KEC) has signed a non-binding term sheet with Albilad Capital to establish a closed-ended private real estate investment fund for the first phase of its Multaqa Hospitality project in Madinah. The proposed fund will be managed by Albilad Capital, subject to regulatory approvals and final agreements. The development, valued at around SAR 1.5 billion (USD 400 million), will include two Marriott-branded hotels and branded residences. The move supports KEC's broader strategy to expand its hospitality portfolio and attract institutional investment in line with Saudi Arabia's Vision 2030.Read more

19 Jul 2026

Canada's housing market continued to show gradual improvement in June, with home sales recording a slight monthly increase after a stronger recovery in the previous month. Home prices remained stable compared with May, while new property listings declined. The sales-to-new listings ratio crossed the 50% mark for the first time this year, indicating a better balance between demand and supply. The Canadian Real Estate Association (CREA) expects housing activity to strengthen further during the second half of the year, supported by improving market conditions.Read more