IRHM, Your Global Window into Real Estate and Hospitality

April 7, 2026

S&I Corporation, a PropTech-based real estate management service provider, has announced that it is the first in South Korea's real estate management industry to secure a 3-star rating in the Global Real Estate Sustainability Benchmark GRESB 2025 evaluation. The company demonstrated global competitiveness by also achieving the top rank within its peer group. The rating reflects S&I's systematic commitment to ESG management since 2022, which includes publishing a Sustainability Report and operating a Work Health and Safety Committee.
Simon, a real estate investment trust and S&P 100 company, has announced the acquisition of the retail centre component of Phillips Place in Charlotte, North Carolina. This transaction, announced on 18 November 2025, sees Simon take ownership of the open-air retail space in the SouthPark neighbourhood. The retail centre spans 134,000 square feet and is famous for its specialty shops and dining. Phillips Place is a wider mixed-use destination that already included a 180+ room hotel owned by Simon, along with a multi-family residential component.
Riyadh-based developer Liwan Real Estate Development has announced Liwan Najd, a SAR 4.5 billion ($948 million) mixed-use development, at Cityscape Global 2025. The project will feature approximately 2,500 residential units across various types, located next to the Al Yarmuk Metro Station in the Granada District. Spanning 151,308 sqm with a 600,000 sqm built-up area, over 60% of the project will be dedicated to open and landscaped areas.
InfraPartners, a leader in prefabricated AI data centre solutions, and JLL, a global real estate and investment management company, have formed a new strategic partnership. This collaboration is designed to accelerate the development and operation of AI data centres by solving the challenge of efficient project delivery post-site identification. The unified model combines InfraPartners’ prefabricated, upgradeable digital infrastructure with JLL’s expertise in site selection, project execution, financing, and facilities management.
Henderson Land Development has formally unveiled its new landmark project, Central Yards, situated on the New Central Harbourfront in Hong Kong. This ambitious, sustainable mixed-use development will feature over 1.6 million square feet of gross floor area. The project is a major component of the developer’s HK$63 billion harbourfront investment, secured via a record HK$50.8 billion land bid in 2021. The development is split into two phases, with the first scheduled to open in 2027.
Dar Global, the London-listed luxury real estate developer, and The Trump Organization have announced a major joint venture for the Maldives. The partnership includes the debut of the Trump International Hotel Maldives and the launch of the world’s first tokenised hotel development tied to the project. Located 25 minutes from Malé, the hotel will feature 80 ultra-luxury beach and overwater villas and is expected to open by the end of 2028.

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