M&G Real Estate has entered into a joint venture with BlueRock Group to expand a residential portfolio in Berlin. The partnership involves a total investment of €47 million to modernise existing buildings and construct 75 new apartments. This move aims to address the severe housing shortage in some of the most popular districts in the German capital.
Aston Martin is bringing its signature British luxury to South American shores with the announcement of a landmark residential tower in João Pessoa, Brazil. Partnering with Setai Grupo GP, the 45-storey development marks the brand’s first foray into the region's real estate market.
Le Méridien Hotels & Resorts has announced the opening of Le Méridien Dehradun Resort & Spa in the Doon Valley. Situated along the Nun River, the 103 room property serves as a gateway to North India's hill stations. The resort incorporates local architectural influences and offers a range of wellness and culinary experiences designed to provide a refined retreat for travellers visiting the Himalayan foothills.
Omni Hotels & Resorts has partnered with Canary Technologies to roll out a new guest management platform across its 50 destinations. The initiative introduces AI-powered messaging and digital resources to streamline communication and reduce manual tasks for hotel teams. By adopting this technology, the brand aims to provide more responsive, multilingual support while allowing staff to focus on high-quality, in-person guest service.
Cinnamon Hotels & Resorts and Walkers Tours have signed a Memorandum of Understanding with the National Olympic Committee of Sri Lanka. This agreement establishes a formal framework for hospitality and transport to support international athletes and Olympic officials. By aligning private sector expertise with the national sporting body, the partners aim to improve Sri Lanka's ability to host major tournaments and training camps.
CapitaLand Ascott Trust has acquired three rental housing properties in Greater Tokyo for JPY4.6 billion. Located in Southern Kanagawa, the freehold assets boast occupancy rates above 95 per cent and offer stable, long-term returns. This move increases the trust’s living sector portfolio to 17.5 per cent of its total value. The acquisition aligns with a broader strategy to expand presence in key Japanese markets through resilient, income-generating assets.
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