15 Jul 2026

Knowledge Economic City (KEC) has awarded a construction contract worth SAR 117.6 million to Astra Construction Company for the Riyadh Schools Complex. The contract covers architectural works, mechanical, electrical and plumbing (MEP) installations, and external development works for the project. The construction is scheduled to be completed within 10 months. The latest award adds to KEC's ongoing development activities, with the company continuing to roll out contracts across its mixed-use projects in Saudi Arabia as part of its broader development plans.Read more

15 Jul 2026

Guangzhou R&F Properties has reported contracted sales of RMB 2.37 billion for June 2026, according to its latest operational update. During the month, the company recorded contracted gross floor area (GFA) sales of 679,100 square metres. The disclosure forms part of the developer's regular monthly sales reporting, offering an update on its sales performance and transaction volumes. Guangzhou R&F Properties continues to publish monthly operational data as investors monitor demand trends and sales activity in China's residential property market.Read more

15 Jul 2026

KRP Development Holdings Ltd has announced that one of its subsidiaries has entered into an agreement to acquire the entire equity interest in Holly Trent Investment Holdings. The transaction, valued at RMB 23.8 million, was signed recently and marks the company's latest corporate acquisition. The deal will result in the subsidiary taking full ownership of Holly Trent Investment Holdings upon completion, subject to the agreed terms and conditions. The company has not disclosed additional financial or operational details of the acquisition.Read more

15 Jul 2026

• AustralianSuper has committed an additional AUD 500 million to the National Investment and Infrastructure Fund (NIIF), increasing its total investment exposure in India to AUD 3.3 billion.
• The announcement was made during Prime Minister Shri Narendra Modi's visit to Australia and underscores the pension fund's long-term confidence in India's infrastructure and growth prospects.
• The fresh capital will be channelled through NIIF-managed infrastructure investment platforms spanning transport, energy, logistics and urban infrastructure.
• The expanded partnership reflects growing institutional interest in India's infrastructure sector and aligns with NIIF's strategy of attracting global long-term capital.Read more

14 Jul 2026

Singapore's sovereign wealth fund GIC has announced changes to its senior investment leadership team by appointing two new deputy group chief investment officers and naming a new chief investment officer for its Fixed Income & Multi Asset (FIMA) business. The changes expand responsibilities for senior executives across private markets and portfolio management while maintaining the existing reporting structure. Established in 1981, GIC manages Singapore's foreign reserves and has investments across more than 40 countries, covering equities, fixed income, real estate, infrastructure and other asset classes.Read more

14 Jul 2026

Swedish Logistic Property (SLP) has extended an existing lease in Linkoping by eight years while also increasing the leased area by approximately 2,600 square metres. The lease will now remain valid until the end of 2037. The expansion is expected to raise the property's annual rental value to around SEK 11.2 million from an additional SEK 2.9 million. SLP will invest about SEK 44 million in the project, with the investment being financed through internal funds, reflecting the company's continued focus on strengthening its logistics property portfolio.Read more

14 Jul 2026

Picton Property has said that the revised proposed acquisition offer from LondonMetric Property and Schroder Real Estate Investment Trust (SREIT) values the company at GBP 397 million, or 77 pence per share. Under the revised proposal, Picton shareholders would receive a combination of LondonMetric and SREIT shares for each Picton share they hold. The latest update follows the consortium's ongoing pursuit of Picton and reflects revised transaction terms as discussions continue. The proposal remains subject to the customary corporate process and shareholder approvals.Read more

14 Jul 2026

KlaraBo reported a 4.7% year-on-year increase in rental income during the second quarter, supported by annual rent revisions and completed apartment refurbishments. The Swedish residential property company posted a net loss as negative unrealised fair value changes on investment properties and derivatives affected earnings. The company also moved ahead with its planned merger with Sveafastigheter after receiving shareholder approval. KlaraBo expects the merger to be completed in September 2026, with anticipated cost and operational synergies of at least SEK 120 million and a conditional extraordinary dividend of SEK 1.40 per share upon completion.Read more

14 Jul 2026

Fastighets Aktiebolaget Trianon reported improved financial performance for the second quarter, with income from property management increasing 18 per cent year-on-year to SEK 67 million. The company also posted higher rental income of SEK 208.4 million, reflecting continued growth in its property portfolio. Net profit for the quarter stood at SEK 31.9 million, while earnings per share reached SEK 0.17. The results indicate steady operational performance supported by stronger rental earnings despite the challenging market environment.Read more

14 Jul 2026

Heba Fastighets reported a 4% year-on-year increase in rental income for the first half of the year, supported by steady property management performance and lower maintenance costs. Income from property management rose 7%, while profit increased significantly compared to the same period last year. The company said its focus on energy efficiency, digitalisation, sustainability and disciplined capital allocation continued to improve operational performance. It also reaffirmed its commitment to achieving its 2030 energy consumption target and retained positive analyst sentiment.Read more