IRHM, Your Global Window into Real Estate and Hospitality

April 7, 2026

The Weitz Company has broken ground on the new Four Seasons Resort and Residences Telluride in Colorado, marking the start of construction on Mountain Village’s last snow-front development site. The 532,000 sq ft project will deliver 52 hotel rooms, 43 hotel residences, and 26 private residences, setting a new benchmark for luxury mountain living.
Harleyford Capital and Fiera Real Estate have secured a £25.5 million debt facility from QuadReal Property Group to fund Watford Works, a 180,000 sq ft Grade A logistics scheme in London. The project, targeting BREEAM Outstanding and EPC A+ ratings, is due for completion in Q4 2026.
Aldar Properties has announced AED 3.8 billion in new projects across Abu Dhabi, including residential communities, a business park, and a logistics expansion. The developments, aimed at addressing growing rental and commercial demand, take the company’s develop-to-hold portfolio to AED 17.6 billion.
Sumou Real Estate Company has signed a SAR135 million ($36.01 million) contract with Diyar Real Estate Development Company, managed by Sedco Capital, to deliver infrastructure works for a 960,000-sq-m project in Jeddah’s North Obhur district. The two-year project is expected to positively impact Sumou’s financial performance.
Plymouth Industrial REIT has agreed to a $2.1 billion acquisition by Makarora Management LP and Ares Alternative Credit funds in an all-cash transaction valued at $22 per share. The deal, approved unanimously by Plymouth’s Board, offers shareholders a 50% premium and is expected to close in early 2026, subject to regulatory and shareholder approval.
Hilton has announced plans to double its presence in Oman with the signing of three new hotels at Muscat’s Barr Al Jissah, including the Sultanate’s first Waldorf Astoria. Opening in January 2026, the Waldorf Astoria Muscat Al Husn, Hilton Muscat Al Bandar, and DoubleTree by Hilton Muscat Al Waha will introduce 680 new rooms, 15 dining venues, and extensive leisure facilities to Oman’s tourism landscape.

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