La Rosa Holdings Corp. has confirmed the appointment of Nicholas Adler as its new Chairman of the Board. Mr Adler joins the Nasdaq listed firm effective from 29 December 2025 and will also lead the Compensation Committee. The company is currently focusing on expanding its footprint in real estate backed technology infrastructure. This leadership change is intended to support the firm's long term growth and data centre development goals.
The Royal Commission for Riyadh City (RCRC) has unveiled Package 3 of its massive road development programme. This latest phase involves six major projects with a budget exceeding SAR 8 billion. Aimed at modernising the capital's transport network, the initiative aligns with Saudi Vision 2030 to turn Riyadh into a global logistics and mobility hub. Construction is expected to take between three and four years.
Architectural firm RMJM has presented its latest mixed-use project in Riyadh’s Al Qairawan district. The development is characterised by a contemporary interpretation of Salmani design principles, using textured façades and vertical fins to manage the local climate. By breaking the massing into a collection of varied volumes, the design incorporates green terraces and shaded pedestrian colonnades at street level.
Golden Land Development has announced its first residential venture, Naseem compound, located in the Green Revolution area of Sheikh Zayed. The EGP 5 billion project features a low-density design with only 27% building coverage across 8.5 feddans. Offering units from one to four bedrooms, the development is positioned near the Grand Egyptian Museum and Sphinx International Airport. With payment plans extending up to ten years, the project marks a significant expansion for the developer into Egypt’s luxury residential market.
AirTrunk has secured a new site in Melbourne's north-west for a massive 354MW hyperscale data centre campus. The A$5 billion MEL2 project will take the company's total Victorian investment to A$7 billion and support Australia's recently launched National AI Plan. It is estimated that the development will create 4,000 construction jobs and over 200 permanent roles.
Hyatt Hotels Corporation has expanded its presence in Vietnam with the opening of Hyatt Regency Nha Trang. The new beachfront hotel features 434 guestrooms and suites designed to reflect the local maritime culture and fishing traditions. Situated on the prominent Tran Phu Street, the property offers easy access to the city’s historic district and transport links.
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