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

15 May 2026

UK-based Picton Property Income has agreed to a GBP 403 million (USD 546.4 million) all-share takeover by a consortium comprising LondonMetric Property and Schroder Real Estate Investment Trust (REIT). The deal values Picton at 78.2 pence per share, representing a premium of around 7% over its previous closing price. Under the transaction, Picton shareholders will receive shares in both acquiring companies, allowing them to continue participating in the combined property portfolios. The acquisition is expected to strengthen the scale and market presence of LondonMetric and Schroder REIT in the UK real estate investment sector.Read more

15 May 2026

• PSP Swiss Property reported an EBITDA margin of 84.6% and return on equity of 4.6% for the first quarter of 2026.
• Rental income increased 0.7% year-on-year to CHF 87.5 million, while the vacancy rate stood at 3.9% at the end of the quarter.
• The company maintained strong liquidity with unused committed credit lines of CHF 915 million during the reporting period.Read more

15 May 2026

KKR & Co. Inc. has announced the sale of a Danish residential portfolio to Pears Global Real Estate Denmark as part of its continued portfolio management strategy in Europe. The transaction includes 213 residential units located in Copenhagen, one of Denmark’s strongest housing markets. While the financial details of the deal were not disclosed, the sale reflects ongoing investor interest in stable residential assets across key European cities. KKR has remained active in the European real estate market through acquisitions, developments and strategic exits across residential and logistics segments.Read more

14 May 2026

• ASOS will sell its Lichfield fulfilment centre to Marks & Spencer for GBP 66 million, or nearly USD 90 million.
• The deal is expected to generate a one-time pre-tax profit of around GBP 85 million for ASOS.
• ASOS said the transaction will also help reduce annual cash operating costs by nearly GBP 6 million.
• The company is restructuring operations to cut excess capacity and simplify its business amid weak consumer spending and inflationary pressure.
• ASOS expects the transaction to be completed in the second half of fiscal year 2026, while its Atlanta facility will remain its only non-core asset.Read more