Dubai’s FIVE Holdings has secured a $460m revolving credit facility to fuel global growth and repay debt early. The group plans to invest $500m over the next two years, expanding in Dubai and Ibiza while moving into the US and Asia.
Hiranandani Communities has launched Hiranandani Sands, a 225-acre township in Alibaug with projected revenues of Rs 17,000 crore. The project’s first phase, consisting of 330 apartments, sold out at launch, underlining Alibaug’s growing real estate appeal.
The Indian REITs Association has joined the Global REIT Alliance, linking up with members from 24 countries to strengthen international cooperation, improve market standards, and expand India’s role in the global real estate investment trust sector.
Morocco has regained investment-grade status from Standard & Poor’s, with the agency raising its sovereign rating to BBB-/A-3. The move restores a label lost in 2021 and makes Morocco the only African borrower currently rated investment-grade by S&P.
Dar Global has unveiled Trump Plaza Jeddah, a USD 1 billion mixed-use development in partnership with The Trump Organization. The project, featuring residences, offices, and a Central Park-inspired green spine, is the second Trump-branded scheme in Saudi Arabia following Trump Tower Jeddah.
Quantaco, a leading hospitality tech firm in Australia and New Zealand, has appointed Mark Brixton as CEO as founder Anthony Sullivan becomes Executive Chairman. The leadership shift marks a new phase of innovation, aiming to expand technology-driven solutions for pubs, clubs, and restaurants across the leisure sector.
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