K Developments has launched Palencia Plaza in Al Shorouk City with an EGP 1.5 billion investment. The mixed-use project offers commercial, medical, and administrative units in a prime location opposite Carrefour. Designed by YBA, the development features modern facilities and flexible payment plans to meet growing demand in Egypt’s new cities.
Construction has officially commenced on the EcoSapa Eco-Resort Township at the Ô Quy Hồ Tea hill in Lào Cai Province. The project is a joint venture between Ecopark Hải Dương Investment JSC and Hồng Phong Investment and Development Co., Ltd. Designed by enCity, the development aims to integrate tourism, tea culture and luxury resort living into the natural mountain landscape of northern Vietnam.
Megaworld has announced plans to develop a signature Beach Club within its 84-hectare Ilocandia Coastown in Laoag City. The facility will be situated along a 1.4-kilometer coastline and draws inspiration from Singapore’s Sentosa Island. This new development follows the commercial success of the township’s residential village and aims to establish a premier lifestyle hub in the Ilocos Region.
Construction has officially begun on the civil aviation component of Phan Thiet Airport, a project valued at over 3,900 billion VND. Led by Sun Group, the 4E-standard airport is expected to be completed within two years. Located in Mui Ne, the facility features a Champa-inspired terminal designed to handle two million passengers annually, marking a significant milestone for regional connectivity and tourism.
The St. Regis Budapest has officially opened within the historic Klotild Palace. This marks the luxury brand's first entry into the Hungarian market. Located near the Danube, the hotel restores a Belle Époque landmark to offer high-end accommodation and signature butler services. The development features over 100 guestrooms and suites alongside exclusive dining venues, further strengthening the presence of the St. Regis brand in Europe.
Minor Hotels is set to debut its premium Colbert Collection brand in the UK with the opening of The WestDill Mayfair Hotel London in late 2026. Located in a historic Grade II listed former bank on Piccadilly, the five-star boutique property will feature 50 luxury rooms. The project marks the first European venture for the Royal Group of Companies Singapore and aims to blend heritage architecture with high-end hospitality.
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