Vingroup has broken ground on the Vinmec Can Gio International General Hospital within the Vinhomes Green Paradise coastal township in Ho Chi Minh City. Developed alongside Cleveland Clinic, the 7.4-hectare multi-speciality facility will feature 500 beds and accommodate around 500,000 outpatient visits annually. Scheduled to open in December 2027, the hospital combines specialised medical care, longevity research and luxury rehabilitation aimed at regional medical tourism.
Minor Hotels has signed two agreements with Paraguayan real estate company Grupo Petra in Madrid to expand its footprint in South America. The partnership includes a management contract for a four-star, 116-room NH Hotel in Asunción, scheduled to open in late 2029, alongside a strategic framework to explore further developments across Paraguay under the NH, NH Collection and Tivoli hotel brands.
Hilton has introduced its optional Home2 Suites Clean Energy Prototype, aiming to help US hotel developers lower utility expenses and cut carbon footprints. The all-electric design concept applies renewable energy technologies to cut annual energy costs by 18% to 40% and improve energy efficiency by roughly 30%. It marks Hilton's first prototype designed with zero operational emissions intended for widespread deployment.
PRODEA Investments has agreed to form a joint real estate venture alongside Invel Real Estate and LGT Capital Partners. The partners plan to build a premier institutional logistics platform in Greece, with an expected portfolio gross development value exceeding €500 million. Subject to regulatory clearance, the investment partners will acquire a 49 per cent minority stake for roughly €31 million.
PropTech firm Venn has acquired AI leasing platform Zuma for $50 million, integrating its artificial intelligence tools into Venn’s "Company Brain" system. The deal brings Zuma’s engineering team and key executives into Venn. Shiv Gettu joins as Chief Partnerships Officer, while Kendrick Bradley becomes General Manager of Venn Leasing. The combined team will expand bespoke AI applications across collections, renewals, and resident support in multifamily operations.
KKR has committed $350 million from its Asset-Based Finance strategy to launch Akrapoint Commercial Capital. The mid-ticket equipment finance company will provide solutions for small and middle-market businesses in sectors such as manufacturing, construction and transportation. Led by Chief Executive Officer Nate Smith and Board Chair Gary Shivers, the platform targets growing demand for vocational assets, speciality trailers and industrial equipment across the US.
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