JINGDONG Property has increased its UK logistics holdings with the acquisition of a prime site near Leicester. Located in the "Golden Triangle," the deal includes two large warehouses and a development site capable of hosting 678,000 sq ft of new industrial space. This acquisition boosts the firm's total UK footprint to nearly 3.93 million sq ft as it looks to support regional supply chains and economic growth through high-spec, environmentally friendly infrastructure.
Dominus and Cheyne Capital have acquired the Grade II-listed Ibex House in the City of London for conversion into a 382-room hotel. The Art Deco landmark, built in the 1930s, will undergo a sustainable transformation designed by Studio Moren. The project aims to preserve the majority of the original structure while targeting top-tier environmental certifications. Alongside luxury guest rooms, the scheme includes the reopening of a historic pub and the launch of a new hospitality training academy.
IHG Hotels & Resorts has introduced its Vignette Collection to Africa by welcoming the Fairview Hotel Nairobi into the brand's global portfolio. The 99-room heritage hotel, known for its lush gardens and early 20th-century architecture, is the first on the continent to join this luxury collection. The partnership allows the boutique property to retain its Kenyan character while utilizing IHG’s global scale and rewards programme.
Marriott International is set to launch its EDITION brand in Africa following a deal with V&A Waterfront Holdings in Cape Town. The development, which includes a 142-room hotel and six exclusive private residences, is slated for completion in 2026. Designed by Neri & Hu and StudioMAS, the project will be located at the edge of the Granger Bay development.
Hilton has secured three new hotel signings for its DoubleTree brand in Morocco, Togo and the Republic of Congo. The move includes a historic debut in Togo with an upscale airport property in Lomé. These developments are part of a broader plan to triple Hilton's presence in Africa, where the company already has over 100 hotels in the pipeline. Key features of the new sites include West Africa’s largest conference centre in Brazzaville and a luxury resort in Marrakech.
Meta Estate Trust has reached a new milestone with the opening of Retail Park Ciolpani on the DN1 highway. This €2 million development is the first in the company's portfolio to produce regular rental income. With a gross leasable area of 2,650 square metres, the park features international retailers and a long-term lease structure. The site is expected to generate up to €385,000 in annual revenue at full capacity. It also includes green technology such as electric vehicle charging stations to align with environmental goals.
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