Vingroup Corporation has announced the master plan for the Hung Vuong International Sports Complex in southern Hanoi. Spanning over 400 hectares inside the Hanoi International Sports City, the development features the 135,000-seat VinFast - Trong Dong Stadium. Designed to host global events such as the Olympic Games and FIFA World Cup, the site will integrate elite competition venues, extensive training grounds and public leisure facilities.
The Sports Boulevard Real Estate Development and Investment Company has signed an agreement with Rikaz Properties to set up a new investment fund worth over $186 million. Managed by Al Jazira Capital, the third fund will back the creation of a luxury five-star hotel in the Urban Wadi district of Riyadh. This contract pushes the total signed fund value for the mega project beyond $1.6 billion.
Sun Group has officially broken ground on the Sun Galaxy Complex, a VND 10,750 billion entertainment hub in Da Nang. Situated along the Han River in Ngu Hanh Son ward, the development features an outdoor venue with nearly 20,000 seats, alongside a 47-story tower offering hospitality and retail facilities. The project aims to establish a year-round destination for global events and enhance the local night-time economy.
Asset World Corporation has revealed plans for two major projects along the Chao Phraya River, featuring an eco-friendly cross-river cable car and the new MONA Bangkok art museum. Developed alongside Australia’s Museum of Old and New Art, MONA Bangkok will form an unconventional cultural destination at Asiatique The Riverfront. The multi-billion baht initiative aims to enhance the city's sustainable tourism and creative offerings.
Aldar has announced Yas Point, a new six billion dirham waterfront development on the northern shore of Abu Dhabi's Yas Island. The massive mixed-use masterplan spans 600,000 square metres and will feature 1,600 residences, a five-star resort hotel and an international school. The project focuses heavily on walkability, incorporating three public parks and a 700-metre shoreline promenade alongside the first northern beach on the island.
Lotte Group and Phat Dat Real Estate Development have signed a cooperation agreement to build the 60,000 billion VND Lotte Eco Smart City Thu Thiem in Ho Chi Minh City. The 7.54-hectare multi-functional complex will feature residential zones, retail space and Grade A offices.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
