South Korean smart home specialist Hyundai HT has entered a series of strategic agreements to expand its presence in Vietnam. The company signed a cooperation deal with STARX Technology and tripartite memorandums of understanding with major developers Geleximco Group and Flamingo Holdings. These partnerships focus on integrating AIoT-based smart home and building technologies into large-scale residential, commercial and resort projects across the region.
Fairmont Hotels & Resorts has launched six new bookable experiences as part of its "Special Happens..." series. The global collection includes unique adventures such as helicopter tours over the Great Wall of China and solar eclipse dinner parties in Morocco. These offerings are divided into four specific categories: After Dark, In the Wild, Around the Table and In the Spotlight, focusing on local culture and luxury service.
Marriott Bonvoy has expanded its Singapore presence with the opening of Varel Singapore, a Tribute Portfolio Hotel. Located in the Selegie district, the 128-room boutique property occupies the former site of Selegie Centre. Designed by FDAT, the hotel blends heritage-inspired architecture with modern amenities, featuring a rooftop infinity pool and four unique dining venues that celebrate the local arts and culture scene.
Antares Capital and Ares Management have announced the $1.7 billion closing of a second private credit continuation vehicle. The transaction provides existing investors with liquidity while offering new ones exposure to a high-performing portfolio of over 300 loans. Led by Ares Credit Secondaries funds, the move highlights the growing demand for flexible financial solutions in a market where assets are being held for longer periods.
Industrial developer SEGRO has reached an agreement with dermatology firm ISDIN to create a new 22,000 m² logistics hub in Martorelles, Barcelona. Scheduled for completion in late 2027, the facility is part of a brownfield regeneration project on a former industrial site. The hub will prioritise sustainability and employee wellbeing, aiming for top-tier environmental certifications and featuring advanced energy management systems to support ISDIN’s global expansion.
Da Nang has marked a major milestone in its maritime development with the completion of shared infrastructure at Lien Chieu Port. A ceremony on March 28 signaled the start of a US$2 billion comprehensive investment project for a new container terminal. This mega-project aims to establish an international transshipment hub in Central Vietnam. It will feature eight berths capable of handling the world’s largest container vessels.
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