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

A group of environmental activists and Indigenous Australian campaigners are continuing their protest at Victoria Park in Brisbane, where a new stadium for the 2032 Olympics is planned. The Queensland state government has set a Monday deadline for the site to be vacated, with fencing and preparatory construction works already beginning. Aboriginal elders and supporters argue the park holds deep cultural and spiritual importance, while authorities maintain that the project cannot be delayed. Legal and environmental concerns around the site remain unresolved as tensions grow ahead of construction.Read more

28 May 2026

Australian shares ended lower as weakness in banking and real estate stocks pulled the broader market down, while investors remained cautious ahead of key inflation data expected this week. Market sentiment was also influenced by ongoing discussions around a possible peace agreement between the US and Iran, though officials indicated that a final deal was still not close. Rate-sensitive sectors faced pressure as traders assessed the Reserve Bank of Australia’s likely policy path. Meanwhile, New Zealand markets moved higher ahead of the country’s central bank policy meeting, where interest rates are widely expected to remain unchanged.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

• 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

• 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

• 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

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

• Redco Properties Group Ltd announced that China Billion International will acquire 48 million shares of Redco Healthy.
• The transaction is valued at HKD 45.12 million, according to the company’s exchange filing.
• The deal is part of ongoing portfolio and investment management efforts by Chinese property companies.
• Chinese developers have increasingly focused on liquidity management, restructuring and non-core asset adjustments amid market challenges.
• Redco Healthy represents the group’s diversification into healthcare and wellness-related business segments beyond traditional real estate operations.Read more