IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

Accor has appointed hospitality veteran Ranju Alex as CEO for South Asia, tasking her with leading its expansion across India, Bangladesh, Pakistan and Sri Lanka as the group pursues a joint venture with InterGlobe Enterprises.
Millat Group has joined the Executive Committee of the World Travel & Tourism Council (WTTC), becoming the first South African private equity firm to secure a seat on the Council’s top governing body.
Revitus REIT and LEVA Hotels have signed an agreement to redevelop Harare’s Chester House into EKONO by LEVA, a 117-room upscale hotel marking LEVA’s Southern Africa debut.
Constellation Real Estate Partners has purchased 15 acres in Pasadena, Texas, to build a 240,041-square-foot Class-A industrial facility, Constellation Genoa Red Bluff. Scheduled for completion in 2026, the project strengthens the firm’s growing national portfolio.
Corgan has achieved carbon neutrality across all global operations, offsetting emissions across Scopes 1, 2 and 3 through targeted sustainability initiatives and carbon credit projects.
ACWA Power has secured $3.4 billion in financing to develop two major gas-fired power plants in Saudi Arabia, adding 3.6 GW to the grid as electricity demand grows.

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