Nobu Hospitality has announced two new international developments in partnership with Sea Breeze Resort, Nobu Hotel, Restaurant, and Residences Baku and Nobu Hotel, Restaurant, and Residences Montenegro. The projects, located on the Caspian and Adriatic coasts, will feature luxury hotels, private residences, and Nobu’s world-renowned dining experiences.
Saudi Minister of Municipalities and Housing Majed Al-Hogail will begin a tour of China and South Korea to boost cooperation in real estate, urban technology, and smart cities. The trip will include signing agreements for 100,000 new homes by 2030 and furthering partnerships with leading Asian firms, in support of Saudi Vision 2030’s urban development goals.
Sobha Realty has launched Sobha SkyParks, its tallest development to date, standing 109 floors high on Sheikh Zayed Road. The 450-metre structure will house 684 luxury residences, each designed to reflect the company’s signature precision and elegance. Featuring themed SkyParks, wellness zones, and panoramic views, the development represents another milestone in Sobha’s vision for Dubai’s luxury living landscape.
TPG Hotels & Resorts has appointed Patrick Short as its new President and Chief Operating Officer, returning to the company to lead operational strategy across its growing national portfolio. Short brings over 30 years of experience and a proven track record of expanding and managing hotel portfolios.
Indvestia Capital has launched a $5 million fund providing accredited investors with diversified access to Midwest commercial real estate. Indvestia Fund I targets 8% annual cash returns and 18% IRR through investments in value-add retail, medical office, and high-yield debt assets.
DFI has launched its £500m Techbox platform in the UK with a £90m off-market acquisition of Catalyst Bicester in Oxfordshire from Albion Land. The deal, supported by HSBC UK, marks the first step in DFI’s strategy to build a portfolio of high-quality industrial and technology assets across the UK and Europe.