SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

International News

Yuexiu Property plans CNY1.6 billion green notes issue to refinance offshore debt

24 May 2026

Yuexiu Property has proposed the issuance of CNY1.6 billion worth of 3.40% guaranteed green notes due in 2029 as part of its funding and debt management strategy. The company said the proceeds from the bond issue will primarily be used to refinance offshore debts that are set to mature within the next one year. The move comes at a time when several Chinese developers continue to focus on improving liquidity positions and extending debt maturities amid ongoing pressure in the real estate sector. Yuexiu Property has remained relatively active in capital markets compared to several peers.Read more

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New Zealand Rural Land approves Q1 cash dividend of 1.34 NZ cents per share

24 May 2026

New Zealand Rural Land Company has approved an unimputed cash dividend of 1.34 New Zealand cents per share for the first quarter. The decision was announced during the past day as part of the company’s regular shareholder payout process. The company, which focuses on owning and leasing rural land assets across New Zealand, has continued to maintain periodic dividend distributions amid steady demand for agricultural and horticultural land in the country. The latest dividend declaration reflects the firm’s ongoing commitment to returning value to shareholders through quarterly cash payouts.Read more

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Investore Property plans FY27 dividend payout of 6.50 NZ cents per share

24 May 2026

Investore Property has indicated that it currently plans to pay a cash dividend of 6.50 NZ cents per share for FY27, according to its FY26 annual results released recently. The announcement comes as the New Zealand-based property company continues to focus on income distribution and portfolio stability amid changing market conditions. Investore Property, which owns and manages large-format retail properties across New Zealand, has historically maintained a steady dividend policy backed by long-term tenant leases and occupancy levels. The company’s latest update gives investors an early indication of expected shareholder returns for the upcoming financial year.Read more

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UAE wellness real estate market expands as developers focus on wellbeing-led housing

24 May 2026

• Keturah has cited government-led policy support and changing buyer preferences as key drivers behind the rapid expansion of wellness-focused real estate developments in the UAE.
• A report released by the Global Wellness Institute stated that wellness real estate accounted for more than 12% of total construction activity in the UAE, with the market expanding from USD 3.3 billion in 2017 to USD 14.6 billion in 2025.
• The report said over 555,000 wellness-oriented residential units are currently planned across the UAE and Saudi Arabia, while the global wellness real estate market is projected to grow from USD 876 billion in 2025 to USD 1.8 trillion by 2030.
• Keturah highlighted its ongoing Dubai developments, including The Ritz-Carlton Residences at Keturah Resort and the AED 5.7 billion Keturah Reserve project, as examples of wellness-led residential planning.
• Industry stakeholders stated that wellness-focused housing is increasingly being linked to long-term value retention, community-focused living and nature-integrated urban development.
Read more

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Erez urges shareholders to oppose UMH director ahead of board vote

24 May 2026

Erez Asset Management has called on shareholders of UMH Properties to vote against board director Matthew Hirsch at the company’s upcoming shareholder meeting. The investor, which holds nearly 4% stake in the real estate investment trust, said the company needs leadership changes and blamed the board for weak shareholder confidence and poor capital allocation decisions. The move comes as UMH’s stock has declined nearly 10% over the past year, underperforming some industry peers. Proxy advisory firm ISS has also recommended withholding support for Hirsch while backing the company’s other directors.Read more

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US pending home sales rise for third month as high mortgage rates limit demand

23 May 2026

• Pending home sales in the US rose for the third consecutive month in April, supported by a brief dip in mortgage rates.
• The National Association of Realtors reported a 1.4% monthly increase, which was higher than economists’ expectations of 1.0%.
• Regional trends were mixed, with strong gains in the Northeast and Midwest, while the South saw a decline.
• Despite the rise, overall housing demand remains weak due to high borrowing costs and tight housing supply.
• Economists expect subdued market activity to continue as affordability pressures and elevated mortgage rates persist.
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James Hardie reports 8% drop in annual profit amid weak construction demand

23 May 2026

James Hardie Industries reported a decline in its annual performance, with profit falling 8% for the year ended March 31. The company posted an adjusted net income of USD 595.7 million, compared to USD 644.3 million in the previous year. The result also came slightly below market expectations of USD 597.7 million. The fibre cement major cited adverse weather conditions that disrupted construction activity across key regions, along with ongoing inflation and affordability pressures that continued to weigh on housing demand. The overall environment remained challenging for residential construction-linked materials.Read more

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Dubai Holding Asset Management starts work on Lantana Hills project in Dubai

23 May 2026

Dubai Holding Asset Management has started construction work on its Lantana Hills residential development and awarded the AED 680 million construction contract to Group AMANA. The announcement was made through the Dubai Media Office. The project is part of the company’s premium community development plans in Dubai as demand for high-end housing continues to grow across the emirate. Dubai’s residential market has remained active over the past few years, supported by population growth, strong investor interest, and large-scale infrastructure expansion. Developers across the city have continued to launch new residential communities to meet rising demand in both luxury and mid-segment housing markets.Read more

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Kiku Sharda receives handover of apartment at Danube Properties’ Skyz residential tower in Dubai

23 May 2026

Kiku Sharda has received possession of an apartment at Skyz by Danube, a residential development by Danube Properties located in Arjan, Dubai. The fully furnished residential tower forms part of Dubai’s expanding mid-premium housing market and offers lifestyle-focused amenities targeted at both investors and end-users. The developer stated that the handover reflects continued investor interest in Dubai’s residential market, particularly among international buyers and celebrities. The development comes amid sustained demand for Dubai real estate driven by rental returns, investor-friendly regulations and ongoing infrastructure expansion across the emirate’s residential and commercial sectors.Read more

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Institutional investors increase bets on AI infrastructure and data centre companies in Q1 2026

23 May 2026

• Institutional investors increased holdings in AI infrastructure, semiconductor, data centre and utility companies during the first quarter of 2026, according to SEC filings reviewed by Reuters.
• Companies such as Oracle, Arista Networks, Vertiv and Digital Realty saw strong institutional buying activity.
• Investors remained cautious on major technology firms within the “Magnificent Seven” group, including Meta and Microsoft, amid concerns over AI spending and growth sustainability.
• The software-as-a-service sector witnessed net selling pressure as investors assessed the possible impact of AI on traditional business models and profitability.
• Semiconductor stocks continued to attract strong investor interest, with more than 4,100 institutions either increasing holdings or initiating fresh positions during the quarter.
Read more

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