Ayala Land is launching its "Next Wave" of developments in Cebu with three new mixed-use estates. Seagrove, Gatewalk, and South Coast City will cover over 50 hectares combined across Mandaue, Lapu-Lapu, and Cebu City. These projects focus on eco-tourism, retail, and entertainment. They are designed to meet the growing demand for commercial space and modern urban living as the regional economy continues to expand rapidly.
K Developments has launched Palencia Plaza in Al Shorouk City with an EGP 1.5 billion investment. The mixed-use project offers commercial, medical, and administrative units in a prime location opposite Carrefour. Designed by YBA, the development features modern facilities and flexible payment plans to meet growing demand in Egypt’s new cities.
Chicago based firms Riverside Investment & Development and Singerman Real Estate have acquired the former Two Wells Fargo Center for $36.5 million. The developers plan to turn the 800,000 square foot office complex into a high-end mixed-use site featuring flats, a hotel and shops. Work on the Charlotte project is scheduled to begin in 2027 following the successful delivery of the firm’s first local luxury tower.
Asbar Capital and Ladun Investment Company have signed an agreement to develop a mixed-use project in Riyadh. Located in the Al-Munsiyah district, the development will feature a hotel, retail spaces and residential units. Construction costs are estimated to exceed 250 million riyals. Ladun will manage the design, execution and marketing for the project, which aims to maximise the value of the one billion riyal fund.
A joint venture between American Real Estate Partners and Harrison Street has completed the transformation of a 1980s office block into luxury apartments. CityHouse Old Town features 199 boutique residences and ground-floor retail space. This project represents the first successful conversion of its kind in Alexandria, Virginia, addressing the shifting demand for housing by repurposing underutilised commercial space in a historic district.
Mahindra Lifespace Developers has launched the first two residential phases of Mahindra Rainforest in Kanjur, Mumbai. The premium mixed-use project covers nearly 25.47 acres on LBS Marg. With an estimated development value of ₹3,000 crore ($315.6 million), the site will feature 2 and 3 BHK homes alongside retail and commercial spaces. The development focuses on sustainable urban living with over seven acres of dense green space.
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