IRHM, Your Global Window into Real Estate and Hospitality

May 19, 2026

Global Net Lease has signed a definitive agreement to acquire Modiv Industrial in an all-stock deal valued at $535 million. The merger strengthens GNL’s industrial portfolio and is expected to close in the third quarter of 2026. Modiv stockholders will receive a 17 per cent premium and a 25 per cent increase in annual dividends.
Tokenopoly has launched a new OpenClaw skill allowing AI agents to trade property-linked tokens autonomously. Unveiled at Consensus 2026, the tool enables digital brokers to scan markets and execute trades without human help. This integration of DeFi and real estate allows for 24/7 data-driven investment through blockchain-based fractional ownership.
Construction has officially commenced on the EcoSapa Eco-Resort Township at the Ô Quy Hồ Tea hill in Lào Cai Province. The project is a joint venture between Ecopark Hải Dương Investment JSC and Hồng Phong Investment and Development Co., Ltd. Designed by enCity, the development aims to integrate tourism, tea culture and luxury resort living into the natural mountain landscape of northern Vietnam.
Continuum Company and Aksoy Holdings have obtained approximately $350 million in financing for the Continuum Waterfront District in North Bay Village, Miami. The capital package from S3 Capital Partners funds the construction of a 36-story residential tower and pre-development for a second phase. This four-acre project includes over 500 units, a hotel and a marina, with the first phase scheduled for completion in 2028.
Megaworld has announced plans to develop a signature Beach Club within its 84-hectare Ilocandia Coastown in Laoag City. The facility will be situated along a 1.4-kilometer coastline and draws inspiration from Singapore’s Sentosa Island. This new development follows the commercial success of the township’s residential village and aims to establish a premier lifestyle hub in the Ilocos Region.

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