Hang Lung Properties, in partnership with Shanghai Join Buy Group Co., Ltd., has secured the No. 1038 West Nanjing Road Commercial Project. The landmark redevelopment, formerly Westgate Mall, will operate under a 20-year lease. The site will be transformed into a dynamic mixed-use complex and will feature integrated retail, hospitality, and office spaces, supporting Shanghai’s urban renewal efforts and international consumption status.
American Hotel Income Properties REIT LP (AHIP) has announced a significant change in its top leadership. The company confirmed the appointment of co-founder John O’Neill as its new Chief Executive Officer, effective immediately, on December 11, 2025. The decision follows the resignation of Jonathan Korol, who stepped down to pursue other opportunities.
Hilton has marked the lifestyle brand’s debut in Medellín, Colombia, with the opening of the 111-suite York Medellin, Curio Collection by Hilton. This is the 27th Hilton property in Colombia and the third Curio Collection hotel in the country. Situated in the exclusive El Poblado neighbourhood, the hotel features stylish suites, fully equipped kitchens, and smart technology.
IHG Hotels & Resorts has officially launched its Garner by IHG brand in Southeast Asia with the opening of the 153-room Garner Hotel Pattaya Central in Thailand. The brand focuses on delivering quality, affordable and "easy going stays" in central locations. Situated in the heart of Pattaya, the hotel is a two-hour drive from Bangkok and is steps away from Pattaya Beach and major shopping malls like Terminal21.
Swire Properties and Lujiazui Group have launched Qiantan Place in Shanghai’s Pudong district, featuring two premium Grade-A office towers: One Qiantan Place (30 storeys) and Two Qiantan Place (24 storeys). The launch begins the pre-leasing phase for the new workspaces, which are part of the expanded Taikoo Li Qiantan mixed-use development. This development reinforces Swire Properties’ significant operational footprint in Shanghai.
Hongkong Land Holdings Limited is advancing its corporate strategy with the upcoming launch of the Singapore Central Private Real Estate Fund (SCPREF). Expected to become Singapore’s largest with an AUM exceeding S$8 billion at launch, SCPREF will focus exclusively on managing prime commercial assets in the city-state.
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