A multi-million dollar funding package has been approved for three transformative housing developments in Northern California. MidPen Housing and its partners will deliver 362 affordable units in San José, Alameda, and Watsonville. Each project is tied to major transit upgrades, including new bike lanes and electric ferry charging. This investment aims to reduce carbon emissions while providing homes near essential transport hubs.
International developer UNICO has entered a strategic alliance with DECA to oversee the sales and marketing of its upcoming design-led residential projects in Dubai. The agreement, signed in the presence of tennis legend Leander Paes, combines UNICO’s global urban vision with DECA’s extensive regional market reach. This partnership is expected to influence the city's growing residential landscape by introducing new community-focused developments.
Hilton and Higuerón Developments have announced the signing of the Waldorf Astoria Marbella, set to open in Spain’s Malaga Province in 2029. The resort will feature 120 guest rooms and 120 Waldorf Astoria branded residences, offering luxury accommodations with views of the Mediterranean. Amenities will include a 750 square metre spa, indoor and outdoor pools, a gym and multiple dining venues, including the brand’s iconic Peacock Alley.
Moxy Hotels has debuted in Nepal with the opening of Moxy Kathmandu in the city’s Durbarmarg district. The 101-room hotel is positioned as a lifestyle brand suited for a city that blends historical heritage with modern energy. The property is designed with flexible social spaces, including The Moxy Bar, which doubles as the check-in area and offers a complimentary cocktail to guests.
Repsol has agreed to sell a 43.8 per cent stake in its 629 MW Outpost solar project in Texas to infrastructure investment firm Stonepeak for $252.5 million (€220 million). The transaction implies a total asset valuation of approximately $775 million (€675 million), which includes tax equity proceeds from Production Tax Credits. This deal represents Repsol's second use of an asset rotation strategy in the US renewables market to optimise its financial structure and attract strategic partners.
Saudi Arabia Railways (SAR) and Dedicated Housing Company (DHC) have announced a new partnership to develop a hospitality-inspired residential community in Riyadh's Al Malaz district. The development will consist of over 450 serviced residential units and 1,600 beds across two plots totalling 13,000 square metres. The project is an example of Transit-Oriented Development (TOD), aimed at linking high-quality living with key transportation infrastructure to create more connected and sustainable urban areas.
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