Anantara Siam Bangkok Hotel has completed a comprehensive USD 50 million transformation to modernise the luxury property while preserving its rich Thai heritage. Originally opened in 1983, the landmark hotel renovated all 335 guestrooms, suites, and villas, upgraded event spaces, and expanded its wellness facilities. The project introduced new private pool suites and a refreshed Jim Thompson Explorer Suite.
Knowledge Economic City, Kaden and Capital Hill have signed a framework agreement to launch a private closed-ended real estate fund valued at over SAR 2.5 billion. The fund will finance a mixed-use project in Madinah, adding over 1,500 residential units and 30,000 square metres of leasable space. The initiative aims to meet rising demand driven by religious tourism and Saudi Vision 2030 targets.
Royal London has appointed Group Chief Financial Officer Daniel Cazeaux as interim CEO of Royal London Asset Management. He steps into the role following the departure of Hans Georgeson, who has stepped down after five years in charge. Royal London Group Chief Executive Officer Barry O’Dwyer will launch a recruitment process to select a permanent successor while Cazeaux provides operational continuity across the firm's management boards.
Indigo Networks has expanded its headquarters at Green Park in Reading to support business growth and rising demand for utility infrastructure. The independent network operator signed a new lease for a larger space at 100 Brook Drive, owned by Mapletree Investments. Currently serving more than 210,000 UK premises across electricity, water and gas networks, the company aims to accommodate workforce expansion and support the UK transition to net zero.
Scandic Hotels has expanded its presence in Germany after partnering with real estate manager IREMIS to open a new site in Freiburg. IREMIS purchased the property from its previous owner, while Scandic signed a long-term lease. Set to open in autumn 2027 following extensive refurbishment work, the 219-room hotel will feature flexible meeting spaces, dining areas and wellness facilities situated directly opposite Freiburg's main railway station.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
