Long & Foster Real Estate has named Lacey Conway as its new president to lead its growth and agent support strategies. Conway brings more than two decades of industry experience to the role, having previously served as the CEO of Latter & Blum. She will partner with CEO Patrick Bain to maintain the firm's reputation for local expertise and teamwork.
Ohana Development and Manchester City F.C. have signed a landmark agreement to launch a multi-billion-dirham residential project in Abu Dhabi. Spanning 1.67 million square metres, ‘Manchester City Yas Residences by Ohana’ will be the first branded residential destination for the football club. Located on the Yas Canal waterfront, the development blends the club’s global identity with luxury architectural design.
A new joint venture in Saudi Arabia has secured its first landmark deal to provide 2.25 GW of smart solar trackers for the Bisha Solar project. Nextpower Arabia, formed by Nextpower and Abunayyan Holding, will supply the equipment to Larsen & Toubro for the massive utility-scale plant in Asir Province. The move supports the Kingdom’s National Renewable Energy Program by shifting manufacturing and supply chain operations to local soil.
GARBE Industrial and Fortress Real Estate Investments have launched a joint venture to build a 61,000 square metre logistics centre in Bucharest. The project, GARBE Park Bucharest, marks the German developer's first entry into the Romanian market. Located on an 11-hectare plot near the new A0 ring road, the facility is designed for high-tech, automated operations with a 12-metre clear height. Construction is scheduled for late summer 2026, targeting a 2027 opening.
Al Saedan Real Estate has entered a major strategic partnership with Serpentine Lake Capital and SGI Real Estate to launch SL Property, an investment platform valued at SAR 1.5 billion. The initiative aims to develop a range of projects across Saudi Arabia, including residential communities, commercial hubs and digital infrastructure. By combining local development heritage with international asset management, the partners seek to deliver high-quality assets that support the Kingdom's economic diversification goals under Vision 2030.
Hankyu Hanshin Properties Corp has launched its first residential project in the United States through a joint venture with Bridge Tower Homes. The partnership will focus on the Texas market, beginning with the Saddlebrook development in Corinth. This project includes 97 detached homes priced from $385,000, with construction beginning in March 2026. The move signals a major global expansion for the Osaka-based company into the Dallas-Fort Worth metropolitan area.
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