12 May 2026

Sri Lanka’s stock market closed higher in the latest trading session, supported by gains in real estate, energy and healthcare counters. The CSE All Share Index rose 1.1% as investor activity improved sharply compared to the previous session. Trading volumes and market turnover also recorded a strong increase, indicating higher participation from local investors. Industrial Asphalts (Ceylon) PLC and SMB Finance PLC emerged as the biggest gainers during the session. Exchange data further showed that while foreign investors remained net sellers, domestic investors continued to support the market with strong buying activity.Read more

12 May 2026

Pavilion Real Estate Investment Trust reported an increase in its first-quarter financial performance for 2026, supported by higher revenue and improved profit attributable to equity holders. Revenue for the quarter stood at 245.9 million RGT compared to 228.2 million RGT in the same period last year. Profit attributable to equity holders rose to 105.8 million RGT from 90.4 million RGT previously. The performance reflects steady operating momentum in the trust’s underlying assets. REITs in the region have generally benefited from stable retail recovery and improving tenant activity across key commercial properties.Read more

12 May 2026

Wynn Resorts reported quarterly results that came in above market expectations, supported mainly by improved performance from its Macau operations. The company recorded a rise in adjusted profit per share and overall revenue growth during the quarter. Macau properties, including Wynn Palace and Wynn Macau, saw an increase of over 10% in adjusted profit, contributing significantly to the results. The company also noted steady operations in Las Vegas while continuing to manage international developments, including its project in the United Arab Emirates, where construction activities resumed after a brief pause.Read more

12 May 2026

Germany-based real estate major Vonovia reported a decline in its first quarter performance as higher financing expenses weighed on results amid ongoing geopolitical tensions in the Middle East. The company recorded a 4.1% drop in adjusted earnings before tax compared to the previous year. Rising borrowing costs, particularly linked to longer-term financing rates, impacted overall profitability. Despite the pressure, the company maintained a stable outlook for its property portfolio value. Management noted that it is closely monitoring developments in the region as they continue to influence financing conditions and cost structures in the real estate sector.Read more

11 May 2026

Mazaya Real Estate Development has completed the sale of the Golden Plaza complex located in the Abu Hamour area for 185 million riyals. The company announced the transaction during the past week, marking another major asset monetisation move by the Qatar-based real estate developer. The deal comes at a time when several developers in the Gulf region are focusing on strengthening liquidity, restructuring portfolios and improving operational efficiency amid changing market conditions. Mazaya Real Estate has continued to focus on managing its property assets and investments across the region while monitoring opportunities for long-term growth.Read more

11 May 2026

Newmark Group recently facilitated the sale of a major industrial redevelopment opportunity in Newark on behalf of Anheuser-Busch. The transaction, valued at USD 360 million, highlights the continued demand for large industrial and logistics assets across key US markets. Newark remains one of the country’s most important warehousing and distribution hubs because of its connectivity to ports, highways and dense population centres. The deal also reflects the growing trend of industrial redevelopment in urban locations where older manufacturing sites are being repositioned for modern logistics and supply chain requirements.Read more

11 May 2026

Host Hotels & Resorts has raised its full-year 2026 adjusted funds from operations (FFO) forecast after reporting better-than-expected first-quarter earnings, supported by strong bookings across its luxury hotel portfolio. The Maryland-based REIT has continued to benefit from steady spending by affluent travellers despite broader economic uncertainty. The company also posted growth in quarterly revenue and exceeded analyst estimates on adjusted FFO per share. Following the announcement, Host Hotels’ shares gained in extended trading, reflecting investor confidence in the resilience of the luxury hospitality segment.Read more

11 May 2026

Chiron Real Estate Inc. has announced a USD 100 million strategic convertible perpetual preferred equity investment led by Maewyn Capital Partners. The funding is expected to support the company’s long-term growth plans and strengthen its capital position amid changing market conditions in the real estate sector. The investment comes at a time when several real estate firms globally are looking at alternative capital-raising strategies, including preferred equity and structured investments, to improve liquidity and support expansion plans without immediate dilution pressure on existing shareholders.Read more

11 May 2026

Brookfield and Alshaya Group have entered into a joint venture to develop a 480,000-square-foot mixed-use project in Dubai Hills, strengthening confidence in Dubai’s real estate market despite regional geopolitical tensions. The development will include Grade A office spaces, build-to-rent residences and retail outlets. Brookfield Properties will manage the project, while Alshaya plans to set up its new UAE office within the development. The partnership adds to Brookfield’s growing Middle East real estate presence after its recent USD 1 billion residential venture with Abu Dhabi-based Lunate and reflects continued investor interest in integrated urban developments across Dubai.Read more

11 May 2026

Ally Leasehold Real Estate Investment Trust has cancelled its proposed additional investment in assets linked to the Village Hub Saimai project, according to a recent regulatory update. The trust informed the market that it would no longer proceed with the planned acquisition tied to the retail-focused development. While detailed financial terms and reasons behind the withdrawal were not disclosed in the brief filing, the move comes at a time when several REITs across the region are reassessing expansion strategies amid changing market conditions, funding costs and evolving retail demand patterns.Read more