IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Growthpoint Properties has confirmed that Estienne de Klerk will succeed Norbert Sasse as Group CEO in July 2026, with José Snyders appointed as Group CFO from January 2026, in a planned leadership transition at South Africa’s largest listed property group.
Cape Town fintech TurnStay has raised $1.9m to expand its cross-border payments platform for African travel businesses. Using stablecoin settlement, the service cuts transaction costs by up to 70% and helps operators secure more direct international bookings.
Millennium Hotels and Resorts MEA, in collaboration with Taiba, has relaunched two distinguished Madinah properties, offering pilgrims and visitors enhanced hospitality just steps away from the Prophet’s Mosque.
Lion, one of Australasia’s biggest beverage companies, is now a Certified B Corporation, scoring 80.6 on the B Impact Assessment. The certification recognises its commitment to people, planet, and profit, building on achievements like 100% renewable power and early carbon reduction targets.
Boschendal has become the first wine estate globally to earn Green Key certification for its accommodation, recognising its environmental stewardship, ethical practices, and community support. Initiatives include renewable energy use, biodiversity conservation, and regenerative agriculture, setting a benchmark for sustainable heritage tourism.
Egypt’s Madinet Masr has launched its new flagship development ‘Talala’ in New Heliopolis City, investing EGP 90 billion into a project designed to offer sustainable, high-quality living across a wide range of residential units.

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