22 May 2026

• U.S. home builder sentiment rose slightly in May, with the NAHB/Wells Fargo Housing Market Index increasing to 37 from 34 in April, though it remained below the neutral 50-mark for the 25th consecutive month.
• Higher mortgage rates, inflation and economic uncertainty linked to the Iran conflict continued to affect homebuyer demand and overall housing market activity.
• Builders continued offering discounts and incentives to support sales, with 32% reducing prices in May and 61% using sales incentives.
• Indicators tracking current sales conditions, future sales expectations and buyer traffic showed modest improvement during the month.
• The broader U.S. housing market remained weak, with existing home sales staying near crisis-era levels and building permit data pointing to uncertain future construction activity.Read more

21 May 2026

British Land Company reported annual earnings above market expectations, supported by strong demand for premium office spaces in London from artificial intelligence and technology firms. The company posted an underlying profit of GBP 294 million for the financial year ended March 31, slightly ahead of analyst estimates. Demand from firms linked to the fast-growing AI sector, including Anthropic, continued to support leasing activity across key office locations. At the same time, British Land’s retail parks neared full occupancy, which slowed rental growth in that segment. Despite changing market conditions, the company maintained its earnings outlook for 2027.Read more

21 May 2026

Vukile Property Fund has announced plans to raise nearly INR 13.5 billion (about ZAR 2.8 billion) through a new share issue as part of its expansion strategy in Europe. The fundraising will be carried out through an accelerated bookbuild process and the proceeds will mainly be used to acquire three shopping centres in Italy valued at EUR 115 million. The move comes as the South African property group continues to increase its presence in the European retail real estate market, particularly through retail-focused assets in countries such as Spain and Italy.Read more

21 May 2026

Liquidators of Evergrande Group have filed a claim worth 57 billion yuan (USD 8.4 billion) against PwC, alleging negligence in auditing the collapsed Chinese real estate major. The case was presented in a Hong Kong court, where responsibility of PwC International was closely examined. Evergrande, which defaulted in 2021 and entered liquidation in 2024, had liabilities exceeding USD 300 billion. PwC’s Hong Kong and China units have already faced regulatory penalties, while a ruling on PwC International’s liability is expected within three months.Read more

21 May 2026

Swedish real estate company Samhallsbyggnadsbolaget i Norden (SBB) has agreed to divest its residential property business and a residential portfolio from SBB Development to Klarabo in a share-based transaction valued at SEK 6.83 billion. The deal includes assets worth SEK 5.86 billion and an additional portfolio valued at SEK 973 million. Payment will be made through Klarabo Class A and Class B shares. The transaction is expected to reduce SBB’s ownership in Sveafastigheter and generate annual savings of around SEK 120 million while ending a costly Morgan Stanley-linked joint venture.Read more

21 May 2026

Veris Residential Inc has received 14 stockholder demand letters alleging that the company’s proxy statements contained materially incomplete or misleading information, according to a recent SEC filing. The demands were disclosed as of the past week and relate to concerns raised by shareholders over the adequacy of information shared in company communications. The filing did not specify whether any legal proceedings have been initiated yet. The development comes at a time when listed real estate companies and REITs are facing increased scrutiny from investors regarding governance practices, disclosures, and shareholder transparency.Read more

21 May 2026

• China’s new home prices recorded their slowest monthly decline in a year during the past month, supported by improving prices in major cities such as Shanghai and Shenzhen.
• Tier-one cities saw marginal price growth, while smaller tier-two and tier-three cities continued to face falling prices, unsold inventory and weak housing demand.
• Analysts said the property market has still not fully stabilised and may take another one to two years to witness a broader recovery due to oversupply concerns.
• Property investment in China continued to decline sharply, while household loans, including mortgages, contracted significantly, reflecting weak buyer confidence.
• Chinese authorities have introduced buyer incentives and state-backed housing purchase programmes to reduce inventory and support the real estate sector.Read more

21 May 2026

• National Real Estate Company KPSC reported a first-quarter net loss attributable to shareholders of 53.8 million dinars.
• The company posted total operating revenue of 811,568 dinars during the quarter.
• National Real Estate said the higher loss was mainly due to losses from its share of results during the reporting period.
• The company operates across real estate development, investment, hospitality, and property management businesses.
• The results come amid continued pressure on parts of the Gulf real estate and investment market.Read more

20 May 2026

• Digital Realty has opened its first data center in Barcelona, expanding its presence across the Mediterranean region.
• The new facility will have a planned capacity of 14 MW to support growing digital infrastructure demand.
• The Barcelona data center is expected to cater to rising requirements for cloud computing, AI workloads, and data storage services across Southern Europe.
• Barcelona is emerging as an important connectivity hub due to its subsea cable links and improving digital ecosystem.
• The expansion strengthens Digital Realty’s European network strategy as demand for large-scale data centers continues to rise globally.Read more

20 May 2026

Industry leaders from the retail, logistics, FMCG and commerce sectors across the Asia Pacific region are set to gather in Bangkok later this week for the 2026 APAC edition of the ‘Last Mile Leaders’ summit. The two-day event will focus on key challenges and changing trends in the logistics and delivery ecosystem, especially in the last-mile segment. Senior executives from companies including Electrolux, Metcash, JB Hi-Fi, CEVA Logistics, Thailand Post and Coca-Cola Europacific Partners are expected to participate. Organiser FarEye said the summit will also see the launch of a research report examining technology adoption, AI integration and infrastructure developments in last-mile delivery operations across the region.Read more