IRHM, Your Global Window into Real Estate and Hospitality

May 19, 2026

Investment

Continuum Company and Aksoy Holdings have obtained approximately $350 million in financing for the Continuum Waterfront District in North Bay Village, Miami. The capital package from S3 Capital Partners funds the construction of a 36-story residential tower and pre-development for a second phase. This four-acre project includes over 500 units, a hotel and a marina, with the first phase scheduled for completion in 2028.
ICG Real Estate has issued a £152 million loan to Arada London for a new residential scheme in Swiss Cottage. The project at 100 Avenue Road features a 25-storey tower with 172 private units and a second block providing 79 social rented homes. Construction is underway on the 0.93-acre site. The development includes luxury amenities and retail units with a scheduled completion date of autumn 2028.
Aldar and Mubadala Investment Company have completed an AED 654 million acquisition of The Link at Masdar City through their 2024 joint venture. The mixed-use development is fully leased to major institutions, including Masdar and MBZUAI. Covering 32,000 square metres, the site features LEED Platinum office space and residential units. This deal highlights the growing demand for high-quality, sustainable assets within Abu Dhabi’s innovation ecosystem.
The Halan AZ Real Estate Investment Fund has fully closed its first hospitality tranche, marking a successful entry into Egypt’s income-generating asset market. Partnering with Brassbell Hospitality Group, the fund is converting heritage buildings in Cairo into institutional-grade assets. With plans to develop 700 keys in 2026, the project aligns with national goals to expand tourism capacity following record-breaking sector revenues in 2025.
ESR has successfully raised US$850 million in fresh equity capital from its existing shareholders. This major financial boost is intended to speed up the firm’s expansion within the logistics and data centre sectors across the Asia-Pacific region. The move follows a period of significant portfolio simplification, where the company raised over US$2 billion by selling non-core assets to focus on high-growth digital and supply chain infrastructure.
Blackstone has closed its Blackstone Capital Opportunities Fund V at its $10 billion hard cap. The fund was oversubscribed and represents the firm's largest opportunistic credit vehicle to date. Managed by the Blackstone Credit & Insurance division, the fund will target private corporate credit and structured solutions globally. The move follows a successful track record for the strategy, which has delivered a 13 per cent net IRR since 2007.

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