17 May 2026

Danube Properties has launched “Greenz by Danube”, a fully furnished master villa community in Dubai featuring townhouses, semi-detached villas and twin villas with prices starting from AED 3.5 million. The project was unveiled in Dubai in the past week by Nahyan bin Mubarak Al Nahyan during an event attended by more than 7,000 investors, business leaders and industry stakeholders. Located near Dubai International Academic City and Dubai Silicon Oasis, the development will include over 50 amenities spread across themed leisure zones and will offer a flexible 1% monthly payment plan. The project is scheduled for handover in December 2029 and forms part of Danube Properties’ broader expansion within Dubai’s growing residential market and emerging technology-led urban corridors.Read more

17 May 2026

NTT DC REIT reported a full-year net property income of USD 74.9 million, according to a recent company update. The REIT also posted a distribution per unit (DPU) of 5.56 US cents for the financial year, while gross revenue stood at USD 164.8 million. The latest numbers come as data centre-focused real estate investment trusts continue to benefit from rising demand for digital infrastructure, cloud services, and AI-led data storage requirements across global markets. Investors have increasingly tracked the sector for stable rental income and long-term occupancy visibility.Read more

17 May 2026

• Afcons Infrastructure Ltd has been selected as the most suitable bidder for a railway rehabilitation and expansion project in Croatia, marking its entry into the European infrastructure market.
• The project involves reconstruction of an existing railway track and development of a second railway line, along with electrification, signalling and telecommunication works.
• The contract is valued at EUR 677.07 million, excluding taxes, equivalent to around INR 7,544 crore.
• Company executives said the order is Afcons’ largest international contract to date and reflects its growing overseas infrastructure portfolio.
• The development adds to Afcons’ track record of executing complex transport and tunnelling projects, including the Chenab bridge, Kolkata Metro under-river tunnel and Atal Tunnel.Read more

17 May 2026

• Simon Property Group raised the lower end of its annual FFO guidance to between USD 13.10 and USD 13.25 per share, supported by stable leasing demand and higher rental income across its malls and shopping centres.
• The company lowered its annual net income forecast amid concerns around macroeconomic uncertainty, softer consumer spending and continued growth of e-commerce platforms, despite revenue beating market estimates during the first quarter.
• Quarterly occupancy improved to 96% from 95.9% a year earlier, while base minimum rent per square foot increased 5.2% year-on-year to USD 61.99, reflecting continued strength in its retail property portfolio.Read more

16 May 2026

• Future City Leasehold Real Estate Investment Trust reported quarterly total income of 261.1 million baht in its latest financial update.
• The Reuters filing did not provide additional details on profit, distributions, or operational performance.
• The update comes as investors continue to track leasing activity, rental income stability, and occupancy levels across Asian REIT markets.
• Real estate investment trusts in the region are also monitoring the impact of interest rates and financing costs on returns.
• Market participants are expected to watch upcoming disclosures for further clarity on the trust’s portfolio and future performance.Read more

16 May 2026

Australia’s Labor government has announced major changes to property investor tax benefits in a move aimed at improving housing affordability and helping first-time buyers enter the market. The reforms include reducing tax deductions for investors and replacing the long-standing 50% capital gains tax discount with a system linked to inflation. The decision has triggered mixed reactions across the country, with younger Australians and aspiring homeowners largely supporting the move, while investors and opposition leaders have criticised it. The policy marks one of the biggest housing tax reforms in Australia in decades and reflects growing political pressure over rising property prices and generational inequality.Read more

16 May 2026

Australia is set to announce one of its biggest housing tax reforms in decades while reporting a lower-than-expected budget deficit, supported by strong commodity revenues and inflation-led tax collections. The government is expected to introduce changes to capital gains tax discounts and negative gearing rules to improve housing affordability and intergenerational equity. The budget is also likely to include higher defence spending, fuel security measures and welfare reforms aimed at reducing long-term costs. Economists, however, remain concerned that additional government spending could add pressure on inflation and force further interest rate hikes.Read more

16 May 2026

Existing home sales in the United States recorded a slight increase in April, supported mainly by gains in the multi-family housing segment, while single-family home sales remained flat. High mortgage rates, rising inflation and stretched affordability continued to weigh on demand, especially among first-time buyers. Home prices touched a record level for April despite slower annual growth, while housing inventory stayed below pre-pandemic levels. Economists believe the market may continue to face pressure in the coming months as consumer sentiment weakens and borrowing costs remain elevated, limiting a broader recovery in housing activity.Read more

15 May 2026

• Kuwait Business Town Real Estate Co KPSC signed an agreement through one of its subsidiaries to acquire two investment properties.
• The total value of the transaction stands at around KD 4.1 million.
• The company has not yet disclosed details related to the location or type of the assets.
• The acquisition comes amid growing interest among Gulf real estate firms in income-generating properties.
• The deal is expected to support the company’s long-term investment and portfolio expansion strategy.Read more

15 May 2026

Aldar Properties and Abu Dhabi’s Department of Municipalities and Transport (DMT) have entered into a strategic public-private partnership to support the next phase of urban development in the emirate. The collaboration will focus on building integrated communities across Abu Dhabi with a wider range of housing options for residents. As part of the initiative, the partners will also work on activating an undeveloped island for the first time. The move comes as Abu Dhabi continues to expand residential infrastructure amid population growth, rising investor interest, and increasing demand for planned urban communities across the UAE capital.Read more