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Let R be a finitely generated commutative ring with 1, let A be an indecomposable 2-spherical generalized Cartan matrix of size at least 2 and M=M(A) the largest absolute value of a non-diagonal entry of A. We prove that there exists an integer n=n(A) such that the Kac-Moody group G_A(R) has property (T) whenever R has no proper ideals of index less than n and all positive integers less than or equal to M are invertible in R.
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We initiate an investigation of lattices in a new class of locally compact groups, so called locally pro-$p$-complete Kac-Moody groups. We discover that in rank 2 their cocompact lattices are particularly well-behaved: under mild assumptions, a cocompact lattice in this completion contains no elements of order $p$. This statement is still an open question for the Caprace-Remy-Ronan completion. Using this, modulo results of Capdeboscq and Thomas, we classify edge-transitive cocompact lattices and describe a cocompact lattice of minimal covolume.
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