OYO parent PRISM–backed OYO Assets has raised INR 125 crore in new investment led by InCred, strengthening its plans to acquire hotels across India’s premium and mid-premium segments. The funding will support expansion into key leisure and business destinations while reinforcing the company’s asset management strategy and ongoing hotel acquisition pipeline.
Mira Real Estate has rebranded as Mira International as part of a major growth strategy that includes appointing Aldo De Jager as CEO and launching a 30-branch global expansion. The Dubai-based brokerage said the move signals its shift toward operating an international network with unified service standards across markets.
Aldar has increased its ownership in Aldar Estates to 82.55% after acquiring Modon Holding’s 17.45% indirect stake. The platform, now managing AED 3 billion in active contracts, has expanded rapidly in recent years with significant growth in residential units, commercial space and revenue, reinforcing Aldar’s long-term investment strategy.
Nigerian billionaire Aliko Dangote, head of Dangote Industries Limited (DIL), has signed a $1 billion investment agreement with the Zimbabwean government. The deal was formalised following a meeting with President Emmerson Mnangagwa in Harare. The funds will be directed towards key strategic sectors in Zimbabwe. These include cement manufacturing, power generation, fertiliser production and infrastructure. The cornerstone of the investment is a petroleum pipeline project.
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.
Savills has appointed Neil Brookes as Executive Managing Director for Asia Pacific Capital Markets, based in Singapore. Mr. Brookes brings over 20 years of experience and has personally brokered more than $15 billion in cross-border deals. The firm is focusing its efforts on connecting international capital with high-growth specialist sectors, including Living and Data Centres.
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