Marq Logistics has secured a 220,000 square meter lease at its new Guarulhos development in Brazil. This agreement stands as the largest logistics lease ever recorded in the country according to data from JLL. The facility is part of the GLP Guarulhos III project and will be customised to meet the specific operational needs of a global customer. Completion of the site is expected in late 2026.
Marriott International has signed an agreement with PHC Queenstown Limited to debut the St. Regis brand in New Zealand. The luxury hotel is expected to open in late 2027 with 145 rooms and suites. Located in central Queenstown, the property will offer views of Lake Wakatipu and The Remarkables. This project marks the first St. Regis in the country and continues Marriott's expansion in the Pacific.