IRHM, Your Global Window into Real Estate and Hospitality

November 6, 2026

Banking

French banking group BNP Paribas is opening its Philippine operations in Uptown Eastgate, located within Megaworld’s Uptown Bonifacio township in Taguig City. Operating through BNP Paribas Solutions Philippines, the office will serve as a global delivery centre for corporate and institutional banking services. The move adds Europe’s largest bank to a growing roster of multinational companies based in the BGC master-planned development.
A consortium led by Banque Misr has secured an additional EGP 4 billion syndicated loan for Ora Developers Egypt. The deal raises the total financing for the flagship Zed Sheikh Zayed project in West Cairo to EGP 9 billion, helping to fund remaining construction costs across the 165-acre urban development.
This new asset-backed hybrid token, set for a Q2 2026 market debut subject to regulatory approval, is a collaborative venture between Hotdesk, Al Maryah Community Bank, Emirates Coin Investment, and Singularity. It aims to democratise access to high-quality, income-producing assets. By leveraging the divisibility of blockchain, DESK will allow global investors to participate with minimal capital, offering a significantly more liquid and accessible investment alternative to traditional Real Estate Investment Trusts.
Interpolitan Money has launched Property SPV Accounts to support developers, investors, and family offices operating through UK and international Special Purpose Vehicles. The new service offers multi-currency wallets, fast onboarding, and global payment access across 160+ countries, addressing a long-standing gap in real estate banking solutions.
Regions Bank has launched a digital borrower portal, created in partnership with Built, to simplify construction finance for real estate clients. The system promises faster draw approvals, better communication, and real-time transparency, with Palladium USA becoming its first adopter.

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