06 May 2026

Guangzhou, a major city in southern China’s Guangdong province, has introduced a set of measures aimed at stabilising its property market amid a prolonged slowdown. The new guidelines expand access to mortgages under the housing provident fund programme and offer subsidies of up to USD 4,395 per housing unit for eligible buyers who purchase a new home by the end of 2026 and sell their existing property within a year. The city is also promoting state-backed purchases of second-hand homes and encouraging private investment in urban renewal, while strengthening protections for homebuyers.Read more

06 May 2026

The United Kingdom recorded its highest monthly solar installations in over a decade, with more than 27,000 systems added in March, according to data from the Department for Energy Security and Net Zero. The surge was largely driven by residential rooftop adoption as households responded to rising energy costs linked to geopolitical disruptions. Total solar installations across the country have now crossed two million. The growth reflects increasing reliance on distributed renewable energy as consumers seek to manage electricity expenses and reduce exposure to volatile gas prices.Read more

06 May 2026

Public Property Invest ASA has received approval for listing on Nasdaq Stockholm and Euronext Oslo Bors under its ticker PUBLI.OL, following the completion of required regulatory processes earlier this week. The approval marks a key step in the company’s ongoing merger-related restructuring plan. As part of the transaction timeline, the merger is expected to be completed on or about 15 May 2026. The development reflects the company’s progress toward aligning its listing structure across Nordic exchanges, supporting its broader corporate and market positioning strategy going forward.Read more

06 May 2026

Prisma Properties AB has secured a land allocation in Kalix, Sweden, after winning a municipal competition, marking a step forward in its retail expansion strategy. The project site at Nasvyangarna, identified as property Kalix 9:170, has a zoning plan that permits up to 10,000 sq m of retail and town centre development. The company has also entered into a land allocation agreement with the municipality, granting it exclusive development rights for a defined period. This move aligns with Prisma’s focus on expanding organised retail spaces in key regional markets.Read more

06 May 2026

Empire East Land Holdings Inc reported a quarterly net profit attributable to shareholders of 262.6 million pesos, supported by steady revenue performance. The company recorded gross revenue of 1.50 billion pesos during the same period. The update reflects continued activity in its residential development portfolio, even as property markets remain sensitive to interest rates and buyer sentiment. In earlier quarters, the company had focused on project launches and inventory movement, which appear to have contributed to its current financial performance. The latest numbers indicate stable operations, though broader market conditions will remain a key factor going ahead.Read more

06 May 2026

Russia’s economy recorded a marginal contraction of 0.3% in the first quarter of 2026, marking its first quarterly decline in three years. The slowdown was driven by high interest rates, labour shortages, and the ongoing impact of the Ukraine war and Western sanctions. While March showed some recovery, sectors such as mining, manufacturing, construction, and retail faced pressure. Corporate profits dropped sharply, and borrowing remained limited due to elevated rates. Despite near-term challenges, higher oil prices and supply disruptions linked to geopolitical tensions may provide some support in the coming months.Read more

06 May 2026

UK-based building materials supplier SIG has indicated a likely drop in its first-half profit after reporting a 5% decline in like-for-like sales during the first quarter. Weak demand across European construction markets, impacted by poor weather and a prolonged cyclical slowdown, has weighed on performance. The company also pointed to rising energy costs and geopolitical uncertainty linked to the Iran conflict as near-term risks. However, SIG noted some improvement in trading in recent months and maintained that its cash flow remains strong and ahead of internal expectations.Read more

06 May 2026

TotalEnergies and Nextnorth have secured financing and begun construction of a 440 MWp solar park in the Philippines, with an investment of around USD 300 million. The project is expected to be operational by the end of 2027 and generate 1.2 terawatt-hours of electricity over 20 years. Around half of the power will be supplied to industrial users, while the rest will feed into the national grid. The development aligns with the Philippines’ renewable energy push and reflects TotalEnergies’ continued expansion in clean energy across Asia.Read more

05 May 2026

Dubai has eased its property-linked residency rules by removing the minimum investment requirement for single property buyers applying for a two-year visa. Earlier, investors needed property worth at least AED 750,000 to qualify. Under the revised framework, sole owners can now obtain residency regardless of property value, subject to ownership registration. The move is aimed at widening the investor base, especially in the affordable and mid-income segments. It also supports demand recovery in the real estate market and aligns with Dubai’s broader efforts to simplify property and residency processes.Read more

05 May 2026

VICI Properties has increased its full-year adjusted funds from operations (AFFO) forecast, supported by continued expansion in experiential real estate assets. The company expects steady growth from its diversified portfolio, which includes major Las Vegas casinos and newer investments in leisure segments such as wellness resorts and indoor attractions. While quarterly earnings missed analyst expectations, revenue remained stable with a modest year-on-year increase. The updated outlook reflects confidence in long-term demand trends, where consumers are prioritising experiences over traditional goods, strengthening the company’s growth visibility.Read more