Karma Urban Development has officially launched its first project in New Cairo, KAVI, a mixed-use development comprising commercial, administrative, and medical spaces. The company marked its entry into the Egyptian market by signing three cooperation protocols with leading engineering consultancy firms for the project’s execution and management.
Hilton has marked the lifestyle brand’s debut in Medellín, Colombia, with the opening of the 111-suite York Medellin, Curio Collection by Hilton. This is the 27th Hilton property in Colombia and the third Curio Collection hotel in the country. Situated in the exclusive El Poblado neighbourhood, the hotel features stylish suites, fully equipped kitchens, and smart technology.
Swire Properties and Lujiazui Group have launched Qiantan Place in Shanghai’s Pudong district, featuring two premium Grade-A office towers: One Qiantan Place (30 storeys) and Two Qiantan Place (24 storeys). The launch begins the pre-leasing phase for the new workspaces, which are part of the expanded Taikoo Li Qiantan mixed-use development. This development reinforces Swire Properties’ significant operational footprint in Shanghai.
Penta Real Estate has formally entered the UK property market by acquiring two residential development sites in London's Canary Wharf and Nine Elms. The projects, which represent an investment of over GBP 700 million, will collectively deliver more than 680 new apartments. The developments, which began construction this year and are set for completion in 2029, are being undertaken through an equal-share joint venture with the established London developer Ballymore.
The Park Hyatt Tokyo, Asia’s first establishment under the brand, has completed a landmark 19-month, property-wide restoration. Announced on 9th of December by Hyatt Hotels Corporation, the project was led by Paris-based design studio Jouin Manku and marks the most extensive renewal in the iconic hotel’s 30-year history. The work spans 171 redesigned guestrooms and suites, restored public spaces, and elevated dining offerings including the new Girandole by Alain Ducasse.
The Ritz-Carlton Key Biscayne, Miami has reopened following a striking $100 million transformation led by Gencom and acclaimed design studios. The renewal introduces a modern coastal glamorous aesthetic across its seventeen-acre beachfront setting, revitalising all accommodations, public spaces, and amenities.
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