ESR has partnered with two Chinese insurance giants to establish a RMB 1.6 billion income fund focused on prime logistics assets. The deal involves the recapitalisation of two multi-storey industrial properties in Shanghai and Suzhou, totalling 320,000 square metres. By retaining management of the portfolio, ESR continues its capital recycling strategy while meeting the high demand from domestic institutional investors for modern supply chain infrastructure.
The Halan AZ Real Estate Investment Fund has fully closed its first hospitality tranche, marking a successful entry into Egypt’s income-generating asset market. Partnering with Brassbell Hospitality Group, the fund is converting heritage buildings in Cairo into institutional-grade assets. With plans to develop 700 keys in 2026, the project aligns with national goals to expand tourism capacity following record-breaking sector revenues in 2025.
Minor Hotels is set to debut its premium Colbert Collection brand in the UK with the opening of The WestDill Mayfair Hotel London in late 2026. Located in a historic Grade II listed former bank on Piccadilly, the five-star boutique property will feature 50 luxury rooms. The project marks the first European venture for the Royal Group of Companies Singapore and aims to blend heritage architecture with high-end hospitality.
UNESCO and Sudan’s Northern State have agreed to increase cooperation to protect vital archaeological sites. During a high-level meeting, officials discussed emergency conservation for the Gebel Barkal world heritage site and the future nomination of the Kerma site. The Governor confirmed new administrative measures to register all historical land. This partnership aims to safeguard Sudan’s cultural assets and support Dongola’s recent designation as the Capital of Tourism 2026.
Vietnam’s Sun Group has entered a US$2.3 billion strategic partnership with Chinese design firm Gold Mantis. The deal focuses on high-end interior architecture and technology for major national works. A primary objective is the development of infrastructure for the APEC 2027 Conference in Phu Quoc. This collaboration aims to bring international design standards and advanced building information modelling to Vietnam’s burgeoning construction sector.
Signature Global has teamed up with the Italian luxury brand Tonino Lamborghini to launch a high-end residential project in Gurugram. Located in Sector 71, the 12.40-acre development will feature 812 premium apartments. This partnership marks the Italian brand's official entry into India's housing market. The project aims to blend Italian design excellence with the rapidly growing demand for branded residences in India's leading real estate hubs.
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