Sellafield Ltd has selected its preferred partners for the Project and Asset Care Execution (PACE) framework, a £3.6 billion initiative to deliver site-wide asset maintenance and construction. The initial nine-year framework covers process handling, decommissioning, and nuclear infrastructure. It focuses on off-site construction, local employment, apprenticeship investment, and small-business supply chain opportunities across West Cumbria through 2041.
Saudi Arabia's RUA AlHaram AlMakki and Rua Al Madinah Holding have signed two strategic collaboration agreements with Brunei's TAIB in Bandar Seri Begawan. The partnership opens investment channels for real estate developments in Makkah and Madinah, including a joint venture within Makkah's King Salman Gate destination with an estimated gross development value of SAR 9.7 billion.
The Dot Group has promoted Jim Sholders to Chief Executive Officer of Yugo USA, completing the integration of Campus Advantage 12 months after its acquisition. Sholders previously served as President from 2025 and brings over 30 years of student housing experience. In his new role, he will drive North American expansion as Yugo targets tripling its US holdings and joins The Dot Group’s global Executive Leadership Team.
Global investment firm KKR has agreed to sell Japan's Central Tank Terminal Co., Ltd. and Korea's Central Terminal Korea Co., Ltd. to institutional investors. Having acquired CTT in 2021 and CTK in 2023, KKR expanded both bulk storage platforms across Asia. The infrastructure transactions remain subject to customary closing conditions, with financial details unrevealed.
Hyatt Hotels Corporation has launched Hyatt Regency Jiaxing Nanhu along the shores of South Lake in Jiaxing, China. Featuring 201 guestrooms, extensive event facilities, and regional dining, the opening marks the brand's debut in the city. Paired with the recently opened Hyatt Place Jiaxing Nanhu, the dual-brand development expands Hyatt's presence in the Yangtze River Delta region.
Work has officially begun on the preservation, restoration, and rehabilitation of Kinh Thien Palace at the Thang Long Imperial Citadel in Hanoi. Attended by General Secretary and President To Lam, the groundbreaking marks the start of a major project backed by 15 years of interdisciplinary research and UNESCO consultations. Developer Sun Group has been selected to construct the historical restoration, which forms the first step of a long-term capital master plan.
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