Hilton is set to expand its luxury footprint in the Caribbean with the 2028 opening of AMARIS Grace Bay in Turks and Caicos. The project will operate under the LXR Hotels & Resorts brand and feature 170 guest rooms alongside high-end branded residences. This development is part of a broader push by Hilton to double its luxury presence in the region through its top-tier brands.
IHG Hotels & Resorts is set to debut its Kimpton brand in Morocco following a strategic agreement with Sirayane Hospitality. The 67-room Kimpton Marrakech will open in late 2026, offering a luxury lifestyle experience south of the city's historic centre. Featuring a rooftop restaurant and views of the Atlas Mountains, the project highlights the growing international demand for boutique hotels in North Africa.
CAPREIT has confirmed the acquisition of six new rental properties across Canada, totalling nearly $293 million in investment. The deal includes major residential complexes in Quebec, Saskatchewan, and British Columbia, aimed at modernising the firm's portfolio. Alongside these purchases, the trust has committed $94 million to share buybacks as part of its ongoing capital strategy.
A multi-million dollar funding package has been approved for three transformative housing developments in Northern California. MidPen Housing and its partners will deliver 362 affordable units in San José, Alameda, and Watsonville. Each project is tied to major transit upgrades, including new bike lanes and electric ferry charging. This investment aims to reduce carbon emissions while providing homes near essential transport hubs.
International developer UNICO has entered a strategic alliance with DECA to oversee the sales and marketing of its upcoming design-led residential projects in Dubai. The agreement, signed in the presence of tennis legend Leander Paes, combines UNICO’s global urban vision with DECA’s extensive regional market reach. This partnership is expected to influence the city's growing residential landscape by introducing new community-focused developments.
Hilton and Higuerón Developments have announced the signing of the Waldorf Astoria Marbella, set to open in Spain’s Malaga Province in 2029. The resort will feature 120 guest rooms and 120 Waldorf Astoria branded residences, offering luxury accommodations with views of the Mediterranean. Amenities will include a 750 square metre spa, indoor and outdoor pools, a gym and multiple dining venues, including the brand’s iconic Peacock Alley.
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