DHG Properties has officially secured the Building Completion Certificate for Helvetia Residences in Jumeirah Village Circle. The 25-floor project marks the developer’s first completed project in the UAE, delivering 430 apartments across 73,000 square metres of built-up space. Completed in two years with a peak workforce of 1,100, the scheme introduces the firm's signature brand to Dubai's residential market.
New York-based GTIS Partners LP has rebranded as Brightshore Capital LP after becoming fully partner-owned. Managing $5.6 billion in gross assets, the real estate firm simultaneously launched Brightshore Credit, a $250 million debt platform. The vehicle will target high-yield credit, stretch senior and mezzanine financing to assist developers facing high interest rates and building costs across the US and Brazil.
Central Asian nations and South Korea have established a new industrial cooperation platform following an inaugural ministerial meeting in Seoul. Industry leaders gathered to discuss trade, technical infrastructure, critical minerals and artificial intelligence in manufacturing. The talks produced a joint memorandum on supply chains, along with a bilateral agreement between Uzbekistan and South Korea to set up a dedicated strategic mineral development platform.
Vingroup Corporation has officially commenced construction on the Northwest Bac Ninh City New Urban Area Project - Zone 1, known commercially as Vinhomes King Park. Covering nearly 270 hectares in Kinh Bac ward, the low-density development will feature housing, green spaces and an extensive sports complex. The scheme aims to enhance local living standards and attract regional investment.
Minor Hotels has agreed to a management deal with Trading Construction Works Organization to operate Avani+ Hanoi, a 310-key hotel set to open in 2028. Located in Bach Mai Ward, the project marks the group's first property in Vietnam's capital city, Hanoi. The premium hotel will feature an indoor pool, fitness centre, and dining venues within the mixed-use Hinode City complex.
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