27 May 2026

Creast Mark for Contracting and Real Estate Development reported a net profit after tax of EGP 45 million for the first quarter of the current financial year, reflecting steady performance in its contracting and real estate operations. The company also posted net revenue of EGP 88.2 million during the quarter. The latest earnings update indicates continued activity across Egypt’s construction and property sectors, which have remained active despite inflationary pressures and changing financing conditions in the market. The company has been focusing on strengthening project execution and maintaining revenue generation through its ongoing development and contracting business.Read more

27 May 2026

Rescue teams in the Philippines continued search operations for a second day after a multi-storey building under construction collapsed in Angeles city near Manila. Authorities confirmed that four people had died while 17 remained missing, most of them construction workers feared trapped under the debris. Rescue teams used manual methods, K9 units and thermal scanners to locate survivors as unstable conditions prevented the use of heavy machinery. Families of missing workers expressed frustration over limited updates from officials. Investigators have started examining the cause of the collapse, while labour authorities revealed that the site had previously faced safety-related violations and a temporary work stoppage order in 2025.Read more

26 May 2026

• Uzbekistan offers incentives for fintech, AI and digital infrastructure firms, including preferential tax regimes and special economic zones
• Deputy Minister Shokhrukh Gulamov highlights policy push for joint ventures, public-private partnerships and digital infrastructure development
• India–Uzbekistan trade reached USD 1.317 billion in 2025, rising 33.3 per cent year-on-year with strong import-export growth
• 397 Indian-invested enterprises now operate in Uzbekistan as bilateral investment and connectivity deepen across sectorsRead more

26 May 2026

A sharp rise in US Treasury yields has triggered heavy hedging activity among mortgage-backed securities (MBS) investors, adding pressure to the ongoing bond market selloff. Investors managing mortgage-linked portfolios have been selling Treasury futures to reduce risk as higher interest rates slow refinancing activity and extend the duration of mortgage assets. Analysts said the recent volatility has become more disruptive than previous periods of rising yields due to the growing share of high-coupon mortgages in the market. The Federal Reserve’s quantitative tightening programme has also shifted more convexity risk back to private investors, increasing market sensitivity to rate movements.Read more

26 May 2026

• Switzerland will vote on June 14 on a referendum proposing a population cap of 10 million before 2050.
• The proposal is backed by the Swiss People’s Party (SVP) and has raised concerns over immigration and EU ties.
• Rapid population growth in areas like Knonau in Zug has increased pressure on housing and public infrastructure.
• Supporters say rising population levels are affecting living conditions and services in small regions.
• Business groups and the Federal Council warn that the plan could impact labour supply and trade with the EU.Read more

26 May 2026

Kayne Anderson Real Estate has announced the final close of its opportunistic equity fund with total commitments of USD 5.12 billion, surpassing its original target and making it one of the firm’s largest real estate investment vehicles to date. The oversubscribed close reflects continued investor interest in opportunistic real estate strategies despite global market uncertainty and higher borrowing costs. The fund is expected to focus on sectors showing long-term demand and value creation opportunities. Institutional investors, including pension funds and sovereign wealth entities, continue to show interest in diversified real estate platforms with flexible deployment strategies.Read more

26 May 2026

• Logistea AB repurchased all 712,217 outstanding warrants through a transaction involving newly issued Series B shares.
• The company will issue 123,365 new Series B ordinary shares as part of the settlement process.
• Following the completion of the repurchase offer, no outstanding warrants remain in the company’s capital structure.
• The move is expected to simplify the company’s equity structure and reduce future share dilution risks.
• Similar capital restructuring measures have been increasingly adopted by listed real estate companies to strengthen financial stability and shareholder transparency.Read more

26 May 2026

Korea Post has planned a shift in its investment strategy, focusing on AI data centres and residential real estate in developed markets such as the U.S. and Europe. The move comes as its traditional postal business continues to face rising losses from mail and parcel operations. The organisation, which manages over USD 104 billion in savings and insurance funds, is also exploring secondary real estate funds and mid-risk investment products to improve returns. While maintaining a largely conservative portfolio, it is gradually increasing exposure to higher-yield global assets amid market uncertainty.Read more

26 May 2026

Germany’s housing construction sector saw a sharp slowdown last year, with residential completions falling to their lowest level since 2012. Data released by the country’s statistics office showed that completed residential units declined 18% year-on-year to 206,600 units, marking the second straight annual drop. Rising construction costs, elevated borrowing rates and lengthy approval processes continued to affect new housing activity across the country. Industry experts have called for faster deregulation and policy support, while the government said building permits had started improving and financial support for lower-income housing projects had reached record levels.Read more

26 May 2026

Sri Lanka’s stock market ended higher at the close of the latest trading session, supported by gains in real estate, utilities and industrial stocks. The CSE All-Share Index rose 0.43% to settle at 21,929.64, although the benchmark still recorded a weekly decline of 4.3% amid broader market pressure. SMB Finance PLC and Renuka City Hotels PLC emerged as the top gainers during the session. Market turnover and trading volumes also saw a marginal increase compared to the previous session. While foreign investors continued to remain net sellers, domestic investors maintained buying activity, helping support overall market sentiment.Read more