The Social Hub has unveiled proposals for a £200 million hospitality and community complex in Edinburgh’s Fountainbridge, marking its second UK venture. The project would bring a 560-bed hybrid hotel, coworking areas, and public spaces to the long-derelict former Fountain Brewery site, aligning with wider regeneration plans for the neighbourhood.
OYO parent PRISM–backed OYO Assets has raised INR 125 crore in new investment led by InCred, strengthening its plans to acquire hotels across India’s premium and mid-premium segments. The funding will support expansion into key leisure and business destinations while reinforcing the company’s asset management strategy and ongoing hotel acquisition pipeline.
Mira Real Estate has rebranded as Mira International as part of a major growth strategy that includes appointing Aldo De Jager as CEO and launching a 30-branch global expansion. The Dubai-based brokerage said the move signals its shift toward operating an international network with unified service standards across markets.
First Capital REIT has secured overwhelming unitholder approval for its internal reorganisation plan, with more than 99% support at a special meeting in Toronto. The proposal now moves to a court hearing scheduled for 27 November, with the REIT expecting the arrangement to take effect by the end of the month, subject to final approval.
Brassbell Hospitality Group has launched Fanaya Hotel in Jeddah, its first property in Saudi Arabia and the foundation of a wider expansion strategy. The art-driven hotel features curated creative spaces, bespoke design collaborations, and 51 suites, reinforcing the Group’s commitment to culturally inspired hospitality as the Kingdom’s tourism sector continues to accelerate.
ROSHN Group expanded its network of construction and infrastructure partners on the final day of Cityscape Global 2025, signing land sale agreements worth SAR 115.9 million and multiple contracts with suppliers and sub-developers. The Group also renewed its finance partnership with Sakani and signed an MOU with Geberit International to introduce water-efficient sanitary solutions.
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