Mirvac Group has named Kit Georgeos as Chief Executive Officer, Funds Management, starting 6 October 2026. Ms Georgeos will oversee the group’s wholesale investment vehicles, capital partnerships and investor relations, while joining the Executive Leadership Team under Campbell Hanan. Having joined Mirvac in 2023 as Fund Manager for the Mirvac Wholesale Office Fund, her promotion triggers a search process to fill her previous role.
CPP Investments and Brookfield Asset Management have launched the Maple Fund, a joint scheme targeting up to C$50 billion in equity investments. The five-year venture aims to fund major Canadian infrastructure projects and strategic industries. Each partner will supply up to C$25 billion on an equal split, targeting large-scale initiatives valued over C$5 billion while allowing third-party investor participation on select projects.
IHG Hotels & Resorts has expanded its alliance with developer Urban Property Group by signing two new projects in New South Wales. The deal introduces Crowne Plaza Newcastle and Hotel Indigo Gosford, increasing their shared pipeline to three sites across the state. Joining the previously agreed Crowne Plaza Parramatta, the developments form key elements of major mixed-use schemes designed to support economic and regional tourism growth.
Knowledge Economic City has signed an agreement with Almajdiah and Capital Hill to launch a SAR 2.8 billion residential development in Madinah. Built on 97,000 square metres of land, the project features 2,700 apartments, commercial units and extensive parking. The target market includes non-Saudi international Muslim buyers under updated Kingdom ownership rules, with funding handled via a closed-ended real estate investment fund.
Hilton has agreed to a major expansion deal to bring 10 new Spark by Hilton hotels to the UK. Partnering with AG Hotels Group, the agreement adds 672 rooms across key English and Welsh locations. Set to open between late 2026 and 2028, the openings cover new regions for the brand, including its debut property in Wales as part of its ongoing international rollout.
Saudi Arabia's Ministry of Municipalities and Housing has signed agreements with Weshah Co. and local landowners to develop four residential projects in Riyadh. The initiative targets the Al-Aarid and Al-Narjis neighbourhoods, aiming to transform undeveloped land into integrated housing options. The scheme supports public partnerships designed to boost market supply and accelerate homeownership goals under Saudi Vision 2030.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
