Developers have confirmed the signing of leases for the last two commercial plots at the Bay Meadows site in San Mateo. This announcement marks the final stages of a massive 20-year project. Once a horse racing track, the area has been overhauled into a modern community featuring housing, commercial offices and public green spaces. The site now encourages walking and public transport use for commuters.
UAE developer Arada has reached a significant construction milestone by appointing Engineering Contracting Co. (LLC) as the main contractor for the W Residences at Dubai Harbour. The AED1.55 billion agreement covers the delivery of all three luxury towers within the waterfront development. With preliminary works already in progress, the project is set to provide 490 branded homes alongside a suite of high-end amenities.
World Liberty Financial has unveiled a new partnership to tokenise the Trump International Hotel & Resort in the Maldives. Working with Securitize and DarGlobal, the firm aims to offer investors digital exposure to the ultra-luxury development. The project marks the start of a broader strategy to bring high-profile real-world assets onto the blockchain.
The Trump Organization has announced its first ever Australian project with the launch of a 91-storey hotel and residential tower on the Gold Coast. Partnering with Altus Property Group, the development is set to reach a height of 335 metres. The project will feature luxury apartments, a high-end hotel and an exclusive beach club in the heart of Surfers Paradise.
M&G Real Estate has entered into a joint venture with BlueRock Group to expand a residential portfolio in Berlin. The partnership involves a total investment of €47 million to modernise existing buildings and construct 75 new apartments. This move aims to address the severe housing shortage in some of the most popular districts in the German capital.
Aston Martin is bringing its signature British luxury to South American shores with the announcement of a landmark residential tower in João Pessoa, Brazil. Partnering with Setai Grupo GP, the 45-storey development marks the brand’s first foray into the region's real estate market.