UAE developer Arada has entered Syria through a joint venture with the Syrian Sovereign Fund to construct a $7 billion (AED 25.7 billion) megaproject in New Damascus. Covering four million square metres, the master-planned development will deliver 11,000 homes alongside commercial, healthcare and educational facilities. The agreement represents one of the largest foreign real estate commitments in the country to date.
Alvarez & Marsal has expanded its Middle East Real Estate, Travel, Hospitality and Leisure practice. Led by Yousef Wahbeh, the senior team will advise sovereign wealth funds, governments and developers as major regional projects move into operational phases. The move responds to growing demand for hands-on execution advisory across the region.
Keller Williams Realty, LLC has partnered with Rejig.AI to launch an artificial intelligence marketing assistant for its agents. Announced on 31 August 2026, the tool automatically generates social media posts, videos, print flyers, and market reports throughout the listing lifecycle. Built to integrate with KW's Command platform, the system lets agents automate digital content creation while retaining final approval over all published material.
Developer Sun Group has commenced a 30.15 trillion VND project to renovate and enhance the West Lake area in Hanoi, Vietnam. Implemented under a Build-Transfer public-private partnership, the scheme spans 567.75 hectares. The plans focus on expanding pedestrian space along a 13.5 km lakeside road, building wharves, upgrading public parks and installing new cultural infrastructure to establish the district as a major tourism and event destination.
Minor Hotels has announced plans to launch Australia's largest integrated resort wellness precinct in the Hunter Valley. Opening in stages from October 2026, Avani Cypress Lakes Resort will merge the existing Oaks Cypress Lakes Resort and Elysia Wellness Retreat into a 340-acre destination. Featuring 204 rooms, an 18-hole golf course and the debut of the AvaniWell concept, the complex caters to leisure, corporate and wellness travellers.
Ayala Land is expanding its residential pipeline by introducing new lot offerings across master-planned estates in South and Central Luzon. Driven by end-user demand and normalised inventory levels, the launch spans new phases in Nuvali, Laguna and Lipa, Batangas, along with a fresh development in Tarlac's Cresendo estate. The projects benefit from regional economic activity and major infrastructure links, including CALAX and the North-South Commuter Railway.
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