Wednesday, July 15News That Matters

Month: June 2026

Prestige Group powers Bengaluru’s largest private green commitment, adopts 1.25 lakh native saplings towards One Million Tree Mission.

Prestige Group powers Bengaluru’s largest private green commitment, adopts 1.25 lakh native saplings towards One Million Tree Mission.

News
Undertakes three-year maintenance of native saplings under the Government of Karnataka and BDA's Bengaluru Urban Ecological Restoration Mission Bengaluru, June 27, 2026: Reinforcing one of the largest private environmental commitments made to Bengaluru, Prestige Group has adopted 1.25 lakh native saplings under the Government of Karnataka and Bengaluru Development Authority’s Bengaluru Urban Ecological Restoration Mission.The initiative represents a major milestone in the Group’s ambitious Prestige Green Promise – One Million Trees for Bengaluru, reaffirming its commitment to creating a greener, healthier and more climate-resilient city.Highlights of the Prestige initiative:1.25 lakh native saplings adopted 25 acres under restoration 3-year maintenance commitment ...
India office market remains firm at 35.7 msf leasing in H1 2026; albeit a cautious second quarter: Colliers India

India office market remains firm at 35.7 msf leasing in H1 2026; albeit a cautious second quarter: Colliers India

Business & Finance
Q2 2026 sees 17.4 msf of Grade A space uptake with a moderate YoY dip of 2%Technology sector drives 43% of conventional leasing during Q2 2026, followed by BFSI firms with 13% share Flex spaces account for over one-fourth of the total office space demand in Q2 2026 Bengaluru & Hyderabad cumulatively account for over half of the quarterly demand of office spaces in India New supply moderates to 10.7 msf during the quarter, majorly driven by additions in Bengaluru Bengaluru, 25 June 2025: Growth momentum of India’s office market has remained intact through the first half of 2026 despite a slower second quarter. H1 2026 recorded 35.7 million sq ft of gross leasing across the top seven cities, a 6% rise compared to the corresponding period in 2025. While Grade A space up...
Oberoi Realty Announces the launch of its ultra-luxury project Three Sixty North in Gurugram.

Oberoi Realty Announces the launch of its ultra-luxury project Three Sixty North in Gurugram.

Business & Finance
The 14.8 acre Ultra Luxury development in Sector 58 on Golf Course Extension Road brings Oberoi Realty's quality of design and excellence to North India's most sought-after residential corridor National, June 29th, 2026: Oberoi Realty today announced the launch of Three Sixty North, an ultra-luxury development spread across 14.8 acres and located on Golf Course Extension Road, Sector 58, Gurugram.Drawing inspiration from Three Sixty West in Mumbai, Three Sixty North personifies Oberoi Realty’s vision for the future of ultra-luxury living. The project brings together refined architecture, design-led expansive homes, and lifestyle experiences. Located on one of Gurugram's most established luxury residential corridors, the development has been envisioned to create a new landmark that ...
Hyatt and Parks Hospitality Holdings Share New Details on Upcoming Park Hyatt and Grand Hyatt Hotels in Mexico

Hyatt and Parks Hospitality Holdings Share New Details on Upcoming Park Hyatt and Grand Hyatt Hotels in Mexico

Architecture, News, World
Park Hyatt Riviera Maya and Grand Hyatt Los Cabos are slated to open in the second half of 2026, bringing two distinct expressions of the Park Hyatt and Grand Hyatt brands to sought-after leisure destinations, with an all-inclusive experience thoughtfully integrated into each stay.CHICAGO (June 25, 2026) — Hyatt Hotels Corporation (NYSE: H) and Parks Hospitality Holdings ("PHH") today announced that Park Hyatt Riviera Maya and Grand Hyatt Los Cabos, both owned by PHH and expected to open in the second half of 2026, will bring new expressions of the Park Hyatt and Grand Hyatt brands in Mexico's leading leisure destinations, with an all-inclusive offering designed to complement each brand's distinctive identity and guest experience.Park Hyatt Riviera Maya and Grand Hyatt Los Cabos wi...
Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

Business & Finance, News, PROPERTY MATTERS
NEW DELHI, INDIA – June 23, 2026 – Square Yards, India's leading integrated real estate and mortgage platform, today announced the successful closure of a Rs 900 crore ($95 million) capital raise. The strategic investment, which comprises a mix of debt and equity, was anchored by EAAA Alternatives and saw participation from global corporate credit manager Muzinich & Co.Following this capital infusion—which was completed at an equity valuation significantly higher than its previous round—Square Yards has firmly solidified its position as a dominant force in the global proptech ecosystem. Building on this momentum, the company is also looking to close another $50-60 million over the next quarter as part of its ongoing capital strategy.Over the past several years, Square Yards has...
Admiralty Arch Enters Its Next Chapter: Waldorf Astoria London – Admiralty Arch Opens for Reservations

Admiralty Arch Enters Its Next Chapter: Waldorf Astoria London – Admiralty Arch Opens for Reservations

Architecture, Lifestyle, News
June 17, 2026Waldorf Astoria London ‑ Admiralty Arch\PHOTOS CREDIT- Waldorf Astoria London – Admiralty ArchNewly released imagery reveals the transformation of the historic Admiralty Arch monument into an intimate luxury hotel and residencesReservations for Waldorf Astoria London – Admiralty Arch are now live ahead of autumn opening. A meticulous restoration has transformed the historic Admiralty Arch monument opposite Buckingham Palace into a luxury Waldorf Astoria hotel. Waldorf Astoria London – Admiralty Arch will feature destination dining by Michelin-celebrated chefs Clare Smyth MBE and Daniel Boulud.LONDON, UK – Waldorf Astoria London – Admiralty Arch, the highly anticipated luxury hotel and residences set within one of the capita...
Holcim completes acquisition of Xella.

Holcim completes acquisition of Xella.

News
A European leader in the highly attractive walling market with projected 2026 net sales of EUR 1 billion Complementary building solutions offering to Holcim, powered by leading premium brands Ytong, Hebel, Silka and Multipor Strategic value-accretive acquisition to deliver run-rate EBITDA synergies of EUR 60 million in year three, EPS accretive in year one Acquisition advances Holcim’s NextGen Growth 2030 strategy, accelerating its vision to be the leading partner for sustainable construction Zug | 19 June 2026-Holcim has completed the acquisition of Xella, a leader in the highly attractive European walling market with projected 2026 net sales of EUR 1 billion. The acquisition expands Holcim’s building solutions portfolio with the addition of brands for both new build and the...
Orient Electric launches India’s most silent fan Aerosilent

Orient Electric launches India’s most silent fan Aerosilent

Home Improvement, LIFE & ARTS, Lifestyle, News
India's Most Silent Fan*, Aerosilent by Orient Electric Aerosilent has also won the prestigious Red Dot Design Award 2026 for its contemporary designShareOrient Electric launches India’s most silent fan AerosilentNew Delhi, India-Thursday, June 11, 2026 4:21PM IST (10:51AM GMT)Orient Electric Limited, part of the USD 3 billion CKA Birla Group, today announced the launch of Aerosilent, India’s most silent fan*, which operates at a sound level of less than 50 dB, almost 20% quieter than other ceiling fans. Coupled with its award-winning design, Aerosilent brings together technology and design innovation to deliver powerful cooling without the noise.The newest addition to Orient’s flagship Aero Series, Aerosilent also scores top class in air delive...
Steps Taken to Conduct Special Intensive Revision of Electoral Rolls Effectively: G. Jagadeesh.

Steps Taken to Conduct Special Intensive Revision of Electoral Rolls Effectively: G. Jagadeesh.

News
Bengaluru, June 12:All necessary preparations have been made to ensure the smooth conduct of the Special Intensive Revision (SIR) of electoral rolls in the Bengaluru Central Urban District, stated Additional District Election Officer and Commissioner of Bengaluru Central, G. Jagadeesh.Addressing the media after a meeting with representatives of political parties regarding the Special Intensive Revision of electoral rolls, he said that detailed information about the SIR process had been shared with all political parties. Doubts and questions raised during the meeting were discussed, and many were clarified on the spot. The remaining issues will be discussed with the Election Commission and the Chief Electoral Officer, and further information will be provided accordingly.The Spec...
K.R. Market and surrounding areas should be cleaned: Venkatachalapathy,Additional Commissioner of Development,Bangalore Central City Corporation

K.R. Market and surrounding areas should be cleaned: Venkatachalapathy,Additional Commissioner of Development,Bangalore Central City Corporation

News
Bangalore, June-10 2026:-As per the instructions given by the  Chief Commissioner of GBA, Maheshwar Rao, during his visit to K.R. Market yesterday, the Additional Commissioner of Development, Central Urban Corporation, Venkatachalapathy, held a meeting with the officials today for the purpose of cleaning the K.R. Market and the surrounding area and gave the necessary instructions.““Clean the flower market.--He instructed to clean the flower market on the ground floor.““He instructed that the area where coriander is sold in front of the market should be completely concreted to fill the potholes, as the water stagnates and becomes quite messy when it rains.““Appointment of additional marshals--He directed that additional marshals be deployed for the cleanliness work and t...