IRHM, Your Global Window into Real Estate and Hospitality

May 19, 2026

Residential

Aspect Development is expanding its footprint with projects in Abu Dhabi, Athens, and Cairo, strengthening its presence across the Middle East and Europe while reinforcing its commitment to premium and sustainable living.
Arada has entered the UK market with the acquisition of a 75% stake in London-based Regal. Rebranded as Arada London, the deal includes AED2.5 billion in investment to accelerate delivery of 10,000 residential units, with plans to triple the pipeline over three years.
Al Huzaifa Properties has launched its debut AED450 million Soléva Beach Residences on Ras Al Khaimah’s Al Marjan Island, blending the brand’s five-decade design legacy with a luxury real estate offering.
PENLER has surpassed USD 1 billion in portfolio value, expanding its footprint across the Sunbelt with new acquisitions, developments, and leadership appointments.
OCTA Development has unveiled its first independent residential project, OCTA Isle Interiors by Missoni, on Dubai Islands. The debut launch combines resort-style living, world-class amenities, and interiors curated by the iconic Italian fashion house.
PATRIZIA and Fabrix have launched a £100m joint venture to address London’s housing crisis, starting with a major scheme in Elephant & Castle that will deliver affordable homes, student accommodation and community spaces.

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