Dubai International Financial Centre has launched The Residences, its first housing project in the new Zabeel District. Located in Phase A, the development features two towers with 463 luxury units. The project integrates professional life with wellness, offering amenities like a 2km landscaped loop near the world's largest Innovation Hub. Public sales for the luxury apartments and penthouses open on 12 February 2026.
PGIM Real Estate and Northstar Capital have acquired 51 Tuas View Link in Singapore for a major logistics redevelopment. The partnership will replace existing warehouses with a 1.1 million square foot, five-storey facility designed for sustainability. Located near the Tuas Mega Port, the project targets the city's supply-constrained industrial market. This investment follows PGIM’s US$3 billion transaction year in 2025 and focuses on creating long-term value through modern, ramp-up infrastructure.
Devonport City Council has unveiled the Formby Road Urban Renewal Study, identifying two major CBD sites for private development. Part of the LIVING CITY project, the plan proposes high-end apartments and commercial offices to replace existing car parks. By creating a new urban plaza and improving pedestrian links to the Mersey River, the council aims to boost footfall for local retailers and meet growing demand for inner-city living.
Saudi Arabia and Syria have signed a series of strategic investment agreements covering aviation, telecommunications, and infrastructure. Minister of Investment Khalid Al-Falih led a high-level delegation to Damascus to meet with President Ahmad Al-Sharaa. The deals include a major redevelopment of Aleppo International Airport and the creation of a new joint airline with Flynas. STC will lead efforts to modernise Syria's digital infrastructure while ACWA Power explores a large-scale desalination project.
Marriott Bonvoy has expanded its footprint in Greater China with the launch of Artik Suzhou, Apartments by Marriott Bonvoy. This opening represents the brand's first entry into the Asian market. The suites are designed for longer stays, featuring full kitchens and laundry facilities. It sits within the China Central Place complex, providing guests with proximity to major cultural landmarks and high-speed rail links to Shanghai.
UN Tourism has launched a new Road Map to prepare for the International Year of Sustainable and Resilient Tourism in 2027. This strategy follows a mandate from the United Nations General Assembly. The plan was recently welcomed by the Committee on Tourism and Sustainability during a summit in Madrid. The organisation aims to use the next three years to position the travel sector as a key driver for global development beyond the 2030 goals.
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