IRHM, Your Global Window into Real Estate and Hospitality

October 2, 2026

Latest Articles – Page 25 – IRHM

The Dallas City Plan Commission has approved a major zoning change request for Therme Group’s proposed wellbeing resort along the Trinity River. Positioned near the Kay Bailey Hutchison Convention Center, the project aims to generate hundreds of jobs, boost local tax revenues, and bridge South Dallas with the city’s downtown district. The plan now moves to the Dallas City Council for final review this autumn.
Marriott International has partnered with Shanghai SIIC North Bund New Landmark Construction and Development Co., Ltd. to introduce the world's first urban Ritz-Carlton Reserve in Shanghai. Set to open in 2030 within a 480-metre high-rise in the North Bund district, the 110-room hotel will make Shanghai the only city to host all eight Marriott luxury brands.
SEGRO has completed the Barnsteen development at SEGRO Park Amsterdam Airport in Hoofddorp, marking the completion of the park's eastern section. Express logistics operator NACEX by Logista Netherlands has secured 1,404 sq m at Barnsteen 11 on a pre-completion lease. The gas-free facility features dedicated photovoltaic panels and battery storage systems to serve high-demand transport corridors.
Ayala Land has signed land lease agreements with Makro Philippines to open wholesale stores across four major mixed-use developments. Covering Cloverleaf, Broadfield, Arca South, and Evo City, the deal expands Ayala's partnership with CP Axtra. The structure allows Ayala Land to retain property ownership while generating recurring lease income from high-traffic commercial anchors.
Sun Group and the Nghe An Provincial People's Committee have officially broken ground on an 8,723 billion VND residential, commercial, and service complex in Truong Vinh ward. Spanning 3.7 hectares, the development features five 39-story towers, 3,500 apartments, 30,000 m2 of retail space, and over 10,000 m2 of green areas aimed at transforming central Vinh City's urban infrastructure.
ESR has named Dalmar Sheikh as Chief Executive Officer of ESR Data Centres, starting 1 September 2026. Working from Singapore, Sheikh will direct the strategy and expansion of the group's digital infrastructure operations across Asia-Pacific. The platform currently holds a project pipeline exceeding 3.2 GW in key regional markets including Japan, South Korea and Australia.

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