IRHM, Your Global Window into Real Estate and Hospitality

October 2, 2026

Latest Articles – Page 22 – IRHM

Sun Hospitality & Entertainment has upgraded its strategic partnership with booking platform Klook to drive digital transformation across Vietnam's tourism sector. Signed during the Kreatorverse Summit 2026 in Phu Quoc, the agreement focuses on applying artificial intelligence, customer data and next-generation technologies to personalise travel experiences. The initiative targets key international markets to capture rising global demand for Vietnamese destinations.
Hanoi officials and developer Sun Group have broken ground on a nearly 186,000 billion VND urban renovation project covering 447 hectares in Vinh Hung ward. The scheme aims to reshape the capital's central area through sustainable green development, integrating transit-oriented infrastructure, Sponge City flood management, and public parks to create a modern 15-minute city layout.
Zaha Hadid Architects has unveiled the masterplan for Baku Expo City, a 198-hectare development in Azerbaijan. The scheme accommodates population growth through diverse housing, community facilities and an expanded exhibition centre. Designed to adapt to local wind conditions and climate, the project preserves 92% of the site’s 18,000 trees while incorporating green roofs, renewable energy systems and upgraded public transport connections.
Enbridge has entered a C$2.7 billion joint venture with KKR and Apollo to fund the expansion of its Westcoast natural gas pipeline in British Columbia. Under the deal, KKR and Apollo will acquire a 29% indirect interest in the network upon completion of the Sunrise project in 2028. Enbridge retains operational control, majority ownership and an option to repurchase the stake after seven years.
Saudi Arabia's National Housing Company (NHC) has signed a memorandum of understanding with French energy firm EDF during the Saudi-French Investment Roundtable in Paris. Signed in the presence of HRH Crown Prince Mohammed bin Salman and French President Emmanuel Macron, the agreement focuses on solar energy, electrical infrastructure, electric vehicle charging and carbon reduction across NHC urban developments, supporting Saudi Vision 2030 housing goals.

Homes England has announced 33 strategic partners to support the government's £39 billion Social and Affordable Homes Programme. Running from 2026 to 2036, the ten-year initiative represents a major public investment in housing outside London. The selected housing associations, councils and developers will build thousands of social and affordable homes to meet growing regional demand across the country.

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