IRHM, Your Global Window into Real Estate and Hospitality

February 4, 2026

Global Headline

Lifestyle

New lifestyle hub BAY360 set to transform Jumeirah Lakes Towers

A new community destination named BAY360 is coming to Jumeirah Lakes Towers, featuring a flagship Spinneys supermarket and a variety of waterfront dining options. Developed by DMCC and Sweid & Sweid, the project aims to improve the liveability of the district through better pedestrian access and modern lifestyle amenities. Scheduled for completion in 2027, the hub will occupy part of Lake D and include essential medical services and rooftop sports facilities.

Hotels & Resorts

Hilton marks seven decades in Türkiye with major hotel expansion

Hilton is significantly increasing its footprint in Türkiye with the signing of five new properties, including its first flagship hotel in Antalya. The move highlights the group’s focus on the lifestyle segment, which is rapidly expanding to meet the needs of modern travellers in Istanbul and beyond. These upcoming projects will see Hilton’s portfolio grow across its luxury, full-service and industrial-focused brands over the next two years.

Hotels & Resorts

Corinthia Hotels reveals plans for luxury Lake Como resort

Corinthia Hotels has teamed up with RoundShield and Kervis SGR to launch a 58-key luxury resort in Lake Como. Set to open in 2028, the property will be located in Menaggio next to Italy's second-oldest golf course. The development includes a beach club, three private villas and branded residences designed to blend with the alpine landscape. This project marks Corinthia's second site in Italy and focuses on restoring local heritage.

Lagos and Hong Kong seal major infrastructure partnership

Lagos State has signed a two-year partnership with the Institution of Public-Private Partnerships Hong Kong to advance its infrastructure goals. The deal was formalised during the 19th Asian Financial Forum in Hong Kong this January. The agreement focuses on technical collaboration and knowledge sharing to support the THEMES+ development agenda in Lagos. Special Adviser Mrs Bukola Odoe led the Nigerian delegation to secure improved access to global investment networks and best practices.

Mega Projects

Sun Group breaks ground on massive ‘hotel city’ for APEC 2027

Sun Group has officially broken ground on a massive 5-star "hotel city" in Phu Quoc to prepare for the APEC 2027 Summit. The developer intends to finish the project in just 18 months, adding 12,000 rooms and serviced apartments to the island. This development includes 15 beachfront hotels and a major shopping centre managed by Lotte. International brands such as Marriott, Hilton and Accor are all signed on to manage the new luxury sites.

Mega Projects

World’s first Manchester City branded residential community to launch in Abu Dhabi

Ohana Development and Manchester City F.C. have signed a landmark agreement to launch a multi-billion-dirham residential project in Abu Dhabi. Spanning 1.67 million square metres, ‘Manchester City Yas Residences by Ohana’ will be the first branded residential destination for the football club. Located on the Yas Canal waterfront, the development blends the club’s global identity with luxury architectural design.

What’s New

Hotels & Resorts

Historic Hotel Laajavuori reopens after major renovation programme

Infrastructure

Egis appointed to supervise final construction stages of Mubarak Al-Kabeer Port Phase 1

Mega Projects

Dubai unveils AED100 billion Zabeel District expansion for DIFC

Hotels & Resorts

Taj Gangtey Resort & Spa opens in Bhutan as IHCL expands regional reach

Featured

Architecture

Architecture: Evolution throughout the ages

Investment

Mukesh Ambani secures $17.4 million Tribeca Property previously owned by tech billionaire Robert Pera

Hotels & Resorts

IHG Hotels & Resorts surpasses one million open rooms globally amid continued expansion

Leadership

Residential

Leadership transition announced at 2Life Communities

2Life Communities has announced a formal leadership transition as Lizbeth Heyer prepares to take over as CEO this October. Heyer, the current President, was unanimously approved by the board to succeed Amy Schectman following a decade of service to the organisation. The change concludes a 15-year era of expansion that saw the provider's portfolio double in size.

Residential

Long & Foster Real Estate appoints Lacey Conway as new president

Long & Foster Real Estate has named Lacey Conway as its new president to lead its growth and agent support strategies. Conway brings more than two decades of industry experience to the role, having previously served as the CEO of Latter & Blum. She will partner with CEO Patrick Bain to maintain the firm's reputation for local expertise and teamwork.

Residential

Karl Mistry named new CEO of Toll Brothers as Doug Yearley moves to Executive Chairman

Toll Brothers has announced a major leadership transition as part of its long-term succession strategy. Douglas C. Yearley Jr. will step down as Chief Executive Officer to become Executive Chairman on 30 March 2026. He will be succeeded by Karl K. Mistry, an Executive Vice President who has been with the company for over two decades.

Commercial

Dale Stigamier appointed executive leader of LCK as Mickey Layden steps down

Dale Stigamier has formally taken over as the executive leader of LCK as the project management firm prepares for its next phase of expansion across the Southeast. The transition comes as Mickey Layden steps down from her role as Chief Executive Officer after leading the company for 32 years. Layden will now serve as Founder and Chair Emeritus where she will focus on business development and community engagement.

Market Trends

Investment

CapMan Buyout sells PDSVISION to private equity consortium

Sustainability

MERED and EMSTEEL partner to advance sustainable construction

Real Estate Economics

Saudi Arabia opens property market to non-nationals

Proptech

Visitt nets $22 million investment to expand AI property platform

Regional Focus

Building

Deyaar begins construction on flagship DWTN Residences tower

Deyaar Development PJSC has officially started construction on DWTN Residences, a significant new high-rise project in Dubai. The developer held a groundbreaking ceremony to mark the start of the flagship tower. The building will provide 522 residential units including apartments, duplexes and penthouses. A unique Royal Palace will sit at the top of the structure. The project focuses on creating a vertical community with extensive amenities.

Residential

Al-Futtaim launches new smart villa development in Dubai

Al-Futtaim Real Estate has launched Al Badia Villas, a new residential leasing project in Dubai Festival City. The development consists of 107 smart homes ranging from three to five bedrooms. These properties are situated within three hectares of parkland and are designed to combine modern technology with sustainable living. Residents will benefit from solar power systems and integrated smart home features compatible with major platforms.

Oil & Gas

ADNOC secures $11 billion in financing for major offshore gas project

Abu Dhabi National Oil Company (ADNOC) has signed a major structured financing agreement worth up to $11 billion for the Hail and Ghasha gas development. Partnering with Eni and PTTEP, the transaction focuses on monetising future midstream production from the offshore site. The project is notable for being a world-first offshore gas development aiming for net-zero operations.

Urban Development

SAR partners with DHC for transit-oriented residential project in Riyadh

Saudi Arabia Railways (SAR) and Dedicated Housing Company (DHC) have announced a new partnership to develop a hospitality-inspired residential community in Riyadh's Al Malaz district. The development will consist of over 450 serviced residential units and 1,600 beds across two plots totalling 13,000 square metres. The project is an example of Transit-Oriented Development (TOD), aimed at linking high-quality living with key transportation infrastructure to create more connected and sustainable urban areas.

Hotels & Resorts

Moxy Hotels makes Nepal debut in Kathmandu’s Durbarmarg district

Moxy Hotels has debuted in Nepal with the opening of Moxy Kathmandu in the city’s Durbarmarg district. The 101-room hotel is positioned as a lifestyle brand suited for a city that blends historical heritage with modern energy. The property is designed with flexible social spaces, including The Moxy Bar, which doubles as the check-in area and offers a complimentary cocktail to guests.

Lifestyle

IHG launches Vignette Collection in Malaysia with Kuantan Retreat

IHG Hotels & Resorts has announced the signing of Mangala Estate Kuantan, a 67-villa eco-luxury resort, marking the entry of its Vignette Collection brand into Malaysia. Located in Kuantan, Pahang, the property is a nature-rich sanctuary aligned with Vignette Collection’s ‘Means for Good’ hallmark, featuring lush greenery, two lakes for activities, and a focus on farm-to-table dining.

ESG & Sustainability

S&I Corporation achieves global 3-star ESG rating and leads peer group

S&I Corporation, a PropTech-based real estate management service provider, has announced that it is the first in South Korea's real estate management industry to secure a 3-star rating in the Global Real Estate Sustainability Benchmark GRESB 2025 evaluation. The company demonstrated global competitiveness by also achieving the top rank within its peer group. The rating reflects S&I's systematic commitment to ESG management since 2022, which includes publishing a Sustainability Report and operating a Work Health and Safety Committee.

Mega Projects

Henderson Land unveils Central Yards as Hong Kong’s new harbourfront landmark

Henderson Land Development has formally unveiled its new landmark project, Central Yards, situated on the New Central Harbourfront in Hong Kong. This ambitious, sustainable mixed-use development will feature over 1.6 million square feet of gross floor area. The project is a major component of the developer’s HK$63 billion harbourfront investment, secured via a record HK$50.8 billion land bid in 2021. The development is split into two phases, with the first scheduled to open in 2027.

Logistics

Valor and QuadReal secure second Berlin logistics site in two months

Valor Real Estate Partners and QuadReal Property Group have extended their partnership in the German market with the acquisition of a 6,000 sqm logistics asset in Berlin. Located in the Charlottenburg-North submarket, the modern cross-dock facility serves as a critical last-mile hub for the city. This transaction follows a significant investment in Lichtenberg last month, highlighting the joint venture's focus on high-demand urban areas.

Investment

Roadside Real Estate enters petrol market with £17.8 million Gardner acquisition

Roadside Real Estate is set to acquire Gardner Retail for approximately £17.8 million, marking a major strategic move into the petrol forecourt sector. The deal involves six high quality sites in Southwest England that generated £33.9 million in revenue last year. Roadside will fund the acquisition by expanding its existing debt facility with Tarncourt Properties. This transaction is expected to be immediately earnings accretive and serves as a foundation for further consolidation in the roadside retail market. The company has already paid a multi million pound deposit with completion scheduled for early 2026.

Building

Dominus and Cheyne Capital seal deal for landmark Ibex House hotel transformation

Dominus and Cheyne Capital have acquired the Grade II-listed Ibex House in the City of London for conversion into a 382-room hotel. The Art Deco landmark, built in the 1930s, will undergo a sustainable transformation designed by Studio Moren. The project aims to preserve the majority of the original structure while targeting top-tier environmental certifications. Alongside luxury guest rooms, the scheme includes the reopening of a historic pub and the launch of a new hospitality training academy.

Commercial

Meta Estate Trust diversifies into retail sector with completion of Ciolpani project

Meta Estate Trust has reached a new milestone with the opening of Retail Park Ciolpani on the DN1 highway. This €2 million development is the first in the company's portfolio to produce regular rental income. With a gross leasable area of 2,650 square metres, the park features international retailers and a long-term lease structure. The site is expected to generate up to €385,000 in annual revenue at full capacity. It also includes green technology such as electric vehicle charging stations to align with environmental goals.

Anambra State clears final hurdles for 10,000 low-cost housing mega project

The Anambra State Government is moving ahead with its ambitious low-cost housing initiative after resolving last-minute bureaucratic and contractual issues. The scheme aims to construct 10,000 affordable homes for civil servants and low-income households in the Isiagu area of Awka South Local Government. The project, which has been approved by Governor Chukwuma Charles Soludo, will be executed via a Public–Private Partnership (PPP) arrangement with real estate developers.

Nigerian states partners with consortium to build 100,000 housing units

Efforts to deliver 100,000 mixed housing units across the South-East region of Nigeria have commenced following a major agreement in Enugu. The $10 billion (N15 trillion) Public-Private Partnership (PPP) is between the Igboebinie Plc consortium and Hand of God Construction Company Limited. The project will feature smart city designs and will create an estimated three million jobs. The development aims to tackle Nigeria’s significant housing deficit and redefine urban infrastructure, positioning the region as a hub for investment and sustainable living.

Investment

Town Writers signs EGP 5.1 billion construction deal with Attaby to accelerate project delivery

Town Writers, a leading Egyptian property developer, has formed a strategic alliance with Attaby for Construction and Industry, a major subsidiary of Attaby Holding, to enhance its ability to deliver projects effectively. This collaboration will see Town Writers inject construction investments worth EGP 5.1 billion over the next two years. The Notion residential project in New Cairo is listed as one of the first developments under this new strong engineering alliance.

Hotels & Resorts

Hilton’s Tapestry Collection to make stylish debut in Sub-Saharan Africa

Hilton has announced the launch of its Tapestry Collection by Hilton brand in Sub-Saharan Africa, with new signings in South Africa, Kenya, and Rwanda. The expansion supports Hilton’s plan to nearly triple its footprint across the continent to more than 160 hotels.

Investment

Blackstone to fund new $475 million North Carolina distribution hub for Ahold Delhaize USA

Ahold Delhaize USA has secured a $475 million investment from Blackstone Credit & Insurance to develop a new, highly automated distribution centre in Burlington, North Carolina. This strategic partnership utilizes a triple net lease structure, where Blackstone funds the total construction costs and retains ownership of the site while the retail giant manages operations. The project is designed to enhance the supply chain for the Food Lion brand, creating over 500 jobs and integrating advanced technology to streamline grocery delivery across the region.

Industrial

JLL facilitates sale of strategic DHL logistics hub in North Las Vegas

An institutional buyer has secured a major logistics hub in North Las Vegas as JLL Capital Markets oversaw the sale of a DHL distribution centre. The facility spans 339,257 square feet and represents a high-quality Class A industrial asset. Located at 3950 Alto Avenue, the site is fully occupied by DHL Supply Chain (USA) and serves as a vital link for deliveries across the Western United States.

Proptech

La Rosa Holdings names Nicholas Adler as new Board Chairman

La Rosa Holdings Corp. has confirmed the appointment of Nicholas Adler as its new Chairman of the Board. Mr Adler joins the Nasdaq listed firm effective from 29 December 2025 and will also lead the Compensation Committee. The company is currently focusing on expanding its footprint in real estate backed technology infrastructure. This leadership change is intended to support the firm's long term growth and data centre development goals.

Mixed-Use

Blox Ventures secures major mixed-use block in Redwood City for $46 million

Blox Ventures has completed the acquisition of a prominent city block in Downtown Redwood City for $46 million. The 200,000 square foot mixed-use property was purchased from DWS Asset Management and includes a variety of retail, office and entertainment spaces. Key tenants at the site include Century Theatre, UCSF Health and several popular eateries. This deal adds to the substantial portfolio of Blox Ventures which has managed over $3 billion in real estate since its founding in 2015.

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