Corinthia Hotels has teamed up with RoundShield and Kervis SGR to launch a 58-key luxury resort in Lake Como. Set to open in 2028, the property will be located in Menaggio next to Italy's second-oldest golf course. The development includes a beach club, three private villas and branded residences designed to blend with the alpine landscape. This project marks Corinthia's second site in Italy and focuses on restoring local heritage.
The Indian Hotels Company Limited has opened the 35-key Taj Gangtey Resort & Spa in the Phobjikha valley of Bhutan. This launch is part of a strategic partnership with CG Hospitality Global and Happiness Resort & Spa. The resort offers luxury facilities including a heated indoor pool and a holistic spa while focusing on the natural serenity of the glacial valley.
Lagos State has signed a two-year partnership with the Institution of Public-Private Partnerships Hong Kong to advance its infrastructure goals. The deal was formalised during the 19th Asian Financial Forum in Hong Kong this January. The agreement focuses on technical collaboration and knowledge sharing to support the THEMES+ development agenda in Lagos. Special Adviser Mrs Bukola Odoe led the Nigerian delegation to secure improved access to global investment networks and best practices.
Sun Group has officially broken ground on a massive 5-star "hotel city" in Phu Quoc to prepare for the APEC 2027 Summit. The developer intends to finish the project in just 18 months, adding 12,000 rooms and serviced apartments to the island. This development includes 15 beachfront hotels and a major shopping centre managed by Lotte. International brands such as Marriott, Hilton and Accor are all signed on to manage the new luxury sites.
MAIR Group has agreed a multi-million-dirham deal to acquire the KEZAD Logistics Park - KLP Free Zone 3 in Abu Dhabi. The AED 295 million transaction, completed through subsidiary Makani Real Estate, includes 50 years of land lease rights under a Musataha arrangement. Spanning nearly 130,000 square metres of land, the facility provides high-spec warehouse space with direct access to Khalifa Port.
Saudi Arabia's General Real Estate Authority has launched the long-awaited Real Estate Ownership System for Non-Saudi Nationals, effective from 22 January 2026. This new regulatory framework allows residents, non-residents, and international companies to own property across the Kingdom via the "Saudi Properties" digital portal. While major cities like Riyadh and Jeddah are included, specific restrictions remain for Makkah and Madinah to protect their unique status.
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