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

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

Bangladesh has approved a development budget of 3 trillion taka (around USD 24.59 billion) for the next fiscal year, marking an increase of more than 30 per cent over the current year’s allocation. The Annual Development Programme (ADP), cleared by the National Economic Council chaired by Prime Minister Tarique Rahman, will prioritise transport infrastructure, education, healthcare, agriculture, and climate-resilient growth initiatives. More than 63 per cent of the funding is expected to come from domestic resources, while the remainder will be sourced through foreign loans and grants. The approval comes amid concerns over Bangladesh’s external financing conditions following a recent outlook downgrade by Fitch Ratings and observations by the International Monetary Fund regarding data reliability.Read more

22 May 2026

Midwest Real Estate Data (MRED), one of the largest multiple listing service providers in the US, said it will suspend property listing data feeds to Zillow Group platforms, including Zillow.com and Trulia.com, over alleged violations of licensing agreements and platform rules. The company stated that Zillow was informed about the compliance deadline, which closes on May 19 at midnight CDT. MRED also said Zillow has filed a federal lawsuit but has not yet responded to its requests regarding compliance. The move could impact how property listings from MRED’s network appear across Zillow-operated platforms in key US housing markets.Read more

22 May 2026

• U.S. home builder sentiment rose slightly in May, with the NAHB/Wells Fargo Housing Market Index increasing to 37 from 34 in April, though it remained below the neutral 50-mark for the 25th consecutive month.
• Higher mortgage rates, inflation and economic uncertainty linked to the Iran conflict continued to affect homebuyer demand and overall housing market activity.
• Builders continued offering discounts and incentives to support sales, with 32% reducing prices in May and 61% using sales incentives.
• Indicators tracking current sales conditions, future sales expectations and buyer traffic showed modest improvement during the month.
• The broader U.S. housing market remained weak, with existing home sales staying near crisis-era levels and building permit data pointing to uncertain future construction activity.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

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

Liquidators of Evergrande Group have filed a claim worth 57 billion yuan (USD 8.4 billion) against PwC, alleging negligence in auditing the collapsed Chinese real estate major. The case was presented in a Hong Kong court, where responsibility of PwC International was closely examined. Evergrande, which defaulted in 2021 and entered liquidation in 2024, had liabilities exceeding USD 300 billion. PwC’s Hong Kong and China units have already faced regulatory penalties, while a ruling on PwC International’s liability is expected within three months.Read more

21 May 2026

Swedish real estate company Samhallsbyggnadsbolaget i Norden (SBB) has agreed to divest its residential property business and a residential portfolio from SBB Development to Klarabo in a share-based transaction valued at SEK 6.83 billion. The deal includes assets worth SEK 5.86 billion and an additional portfolio valued at SEK 973 million. Payment will be made through Klarabo Class A and Class B shares. The transaction is expected to reduce SBB’s ownership in Sveafastigheter and generate annual savings of around SEK 120 million while ending a costly Morgan Stanley-linked joint venture.Read more

21 May 2026

Veris Residential Inc has received 14 stockholder demand letters alleging that the company’s proxy statements contained materially incomplete or misleading information, according to a recent SEC filing. The demands were disclosed as of the past week and relate to concerns raised by shareholders over the adequacy of information shared in company communications. The filing did not specify whether any legal proceedings have been initiated yet. The development comes at a time when listed real estate companies and REITs are facing increased scrutiny from investors regarding governance practices, disclosures, and shareholder transparency.Read more