Marriott International and LG Electronics have teamed up to create a cloud-based in-room entertainment and technology platform. The new system merges LG's hardware capabilities with Marriott's enterprise tech infrastructure. Rolling out initially as a pilot project across 40 properties in the United States and Canada, the hotel chain aims to eventually launch the technology across its participating global portfolio.
Mapletree Investments has raised over US$500 million in equity commitments for the first close of its Emerging Asia logistics development strategy. The total includes US$250 million secured by its private fund, Mapletree Emerging Growth Asia Logistics Private Trust, along with co-investment backing. Targeting developments in Malaysia, Vietnam and India, the broader strategy is projected to reach a total investment value of US$2.1 billion when fully deployed.
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