4 hours ago

UAE-based BNW Developments has announced plans to develop around 10,000 homes across Dubai and Ras Al Khaimah over the next four years, with Indian investors playing an increasingly significant role in its business. Indian buyers contributed 14.38% of the developer's total business during the first half of 2026, making India one of its largest overseas markets. The expansion strategy was outlined at the company's Global Partners Meet in Delhi NCR, attended by over 2,000 channel partners and real estate professionals. BNW currently has 12 projects under development across the UAE and expects to begin project handovers from 2027 while expanding its engagement with Indian investors through a broader network of channel partners.Read more

7 hours ago

Digital commercial property finance platform Brickflow has launched an automated Decision-in-Principle (DIP) service for brokers in collaboration with lender Together, enabling instant lending decisions for bridging loans and commercial term finance. The new capability allows brokers to obtain automated DIPs within seconds through the Brickflow platform, reducing processing times and manual intervention during the early stages of the lending process. The launch follows a technical integration between the two firms and is intended to streamline commercial property finance applications. The announcement comes amid growing industry demand for faster lender response times, particularly during affordability assessments and initial lending approvals.Read more

07 Aug 2026

A consortium led by Swiss-Japanese waste management company Kanadevia Inova plans to begin construction of a USD 1.5 billion waste-to-energy plant in Casablanca later this year, with full operations expected by mid-2030. The project, developed in partnership with Morocco's Nareva and Japan's Itochu, aims to process around 1.5 million metric tons of waste annually while generating 115 megawatts of electricity. The facility is expected to reduce methane emissions from the Mediouna landfill, improve waste management in Morocco's largest city, and supply electricity to nearly one million people.Read more

07 Aug 2026

Host Hotels & Resorts has raised its full-year 2026 adjusted funds from operations (FFO) forecast following better-than-expected demand across its luxury and upscale hotel portfolio. Strong group travel, continued spending by affluent travellers and higher domestic and international visitor numbers during the recently concluded FIFA World Cup supported the company's performance. The real estate investment trust also increased its room revenue growth guidance for the year after reporting second-quarter results that exceeded analysts' expectations for both adjusted FFO and total revenue.Read more

07 Aug 2026

China is strengthening its efforts to prevent and reduce the impact of landslides and floods as extreme weather events become more frequent. The government plans to improve monitoring of geological hazards, particularly shallow landslides and debris flows caused by heavy rainfall, while enhancing flood management infrastructure. Authorities have identified key high-risk regions for focused intervention and are also using aerospace remote sensing to improve risk detection. The move follows a series of deadly landslides and ongoing heavy rainfall that has raised concerns over public safety and infrastructure resilience.Read more

07 Aug 2026

UK-based building materials manufacturer Ibstock has lowered its outlook for full-year earnings, saying its annual profit is likely to be at the lower end of market expectations as the country's construction sector continues to face weak demand. The company reported lower revenue and a pre-tax loss for the first half of the year, affected by subdued private housebuilding activity, higher energy costs and a non-cash impairment charge. Despite expecting improved earnings in the second half, Ibstock said market conditions remain challenging due to economic and political uncertainties.Read more

07 Aug 2026

Kimco Realty has raised its full-year net income forecast after reporting second-quarter revenue and funds from operations (FFO) that exceeded market expectations. The real estate investment trust benefited from steady leasing demand across its grocery-anchored shopping centres, supported by limited retail space supply and consistent consumer demand for essential goods. The company also increased the lower end of its annual FFO guidance while maintaining the upper end. The results reflect continued strength in the open-air retail segment, where leasing activity and shopper footfall have remained stable despite broader market challenges.Read more

07 Aug 2026

Germany-based real estate company Vonovia reported a rise in the value of its property portfolio during the first half of the year, indicating that the country's residential property market continues to recover. However, the company also faced higher financing costs, which affected its earnings during the period. While Vonovia maintained its long-term targets for 2028, it said investment activity remained cautious due to ongoing market uncertainty. The company also noted that slower sales reflected a more careful approach from investors despite improving property valuations.Read more

06 Aug 2026

The US Federal Reserve's latest Senior Loan Officer Survey showed that lending standards for commercial and industrial (C&I) loans remained largely unchanged during the second quarter, while demand increased among large and middle-market businesses. Demand from smaller firms remained stable. Banks reported mixed trends across household lending, with weaker demand for residential real estate loans and tighter standards for credit card lending. The findings come as the Federal Reserve continues to assess inflation, economic growth and labour market conditions while keeping interest rates unchanged at its latest policy meeting.Read more

06 Aug 2026

China Railway Construction Corporation (CRCC) reported that the total value of newly signed contracts during the second quarter reached 520.3 billion yuan (USD 77.05 billion). The update reflects the company's continued order inflow across its engineering and infrastructure businesses. CRCC is one of China's largest state-owned construction companies with operations spanning railways, highways, bridges, tunnels, urban infrastructure and overseas projects. The latest contract value provides an indication of the company's business pipeline and future execution prospects as China continues to invest in transport and infrastructure development.Read more