IRHM, Your Global Window into Real Estate and Hospitality

April 11, 2026

Constellation Real Estate Partners has purchased 15 acres in Pasadena, Texas, to build a 240,041-square-foot Class-A industrial facility, Constellation Genoa Red Bluff. Scheduled for completion in 2026, the project strengthens the firm’s growing national portfolio.
Corgan has achieved carbon neutrality across all global operations, offsetting emissions across Scopes 1, 2 and 3 through targeted sustainability initiatives and carbon credit projects.
ACWA Power has secured $3.4 billion in financing to develop two major gas-fired power plants in Saudi Arabia, adding 3.6 GW to the grid as electricity demand grows.
Al Huzaifa, the UAE’s luxury furniture and interior design brand, has launched Al Huzaifa Properties, marking its entry into real estate with a debut project on Al Marjan Island, Ras Al Khaimah.
Oman has set a goal of attracting one million Indian tourists annually, building on strong cultural ties and growing demand for weddings, MICE travel and adventure tourism.
GS Engineering & Construction will divest its Spanish water subsidiary GS Inima Environment in a $1.2bn deal, expected to close by 2027, as part of a wider portfolio restructuring strategy.

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