Riyad Capital and Mountain View KSA have collaborated to launch a new residential development fund with a value of SAR 1.7 billion, equivalent to $453 million. The fund's purpose is to finance the "ONE Mountain View" project, a semi-gated community in Riyadh's Al Rimal District. The development will cover over 152,000 square meters and deliver more than 500 residential units, targeting the demand for family-oriented housing. The community is planned to include large green spaces and a dedicated community hub, The Lighthouse.
Domicil Real Estate AG and its principal shareholder, Baywobau, have secured a major residential complex in Berlin's Treptow-Köpenick district through an asset deal. The property, located in Altglienicke, features 18 buildings with 143 residential units and is set for immediate individual sale. The complex, built in 1996, had recently undergone significant refurbishment including roof, facade, and window replacement work. The transaction's advisors included JLL as broker, Osborne Clarke providing legal counsel to Domicil, and BCLP advising the seller.
La Premiere Realty and Gables Construction Group have officially announced a major new exclusive collaboration based in Coral Gables, Florida. The partnership is designed to offer clients a fully streamlined service for property acquisition and subsequent construction work. The integrated service begins with La Premiere Realty handling the land acquisition phase. It then moves directly into construction, culminating in a fully constructed, move-in-ready home delivered by Gables Construction Group.
KORA Properties, the real estate arm of APPCORP Holding, has launched IL VENTO, a 40-floor luxury apartment tower in Dubai Maritime City. Named after the Italian word for ‘The Wind,’ the tower features 330 apartments, including four penthouses with private pools. The development blends serene coastal beauty with urban convenience, being only 15 minutes from Dubai Mall and the airport. It offers residents over 40 facilities and amenities, including a sky pool and yoga area.
DAMAC Properties has launched DAMAC Islands 2, its seventh master community in Dubai, with a focus on redefining waterfront living. The development draws inspiration from eight picturesque island destinations including Antigua and Mauritius. Building on the success of DAMAC Islands, the new project features crystal lagoons, lush landscapes and wellness-focused designs. The launch event at the Coca-Cola Arena was hosted by Hussain Sajwani and Amira Sajwani. Star appearances were made by Bollywood actors Ranbir Kapoor and Alia Bhatt.
Dubai Investments Park Angola, the country’s first integrated economic zone, has signed a significant land deal with UAE developer Reportage Group for two massive residential communities. The ambitious project will deliver two gated communities, one luxury ocean-facing and one mid-market hilltop development, featuring over 4,500 villas and townhouses, a boutique hotel, and substantial retail space.
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