TECOM Group PJSC has announced that 55% of the gross leasable area across its commercial portfolio in Dubai has achieved LEED certification, highlighting the Group’s ongoing commitment to sustainable development under its Environmental, Social, and Governance (ESG) framework. The achievement follows the receipt of 12 new certifications from the US Green Building Council during the first half of 2025.
eXp Realty has launched its UK Commercial division, making it the first agent-led platform in the country to combine residential and commercial real estate services under one model.
OMNIYAT has announced LUMENA ALTA, a 380-metre, 73-storey tower set to be Dubai’s tallest commercial building in Business Bay. The project, featuring 45 floors of premium office space, is scheduled for completion in 2030.
QuadReal Property Group has committed over £2.5 billion to expand its commercial real estate debt platform into the UK and Ireland, with plans to extend further across Europe. The initiative builds on the firm’s North American success and focuses on sectors including housing, data centres and industrial property.
Schneider Electric’s Dubai office, The NEST, has become carbon neutral just three months after opening, showcasing how digitalisation and smart building technologies can create sustainable, future-ready workspaces.
Kuwait has extended bid deadlines for the Al Muthanna and Waterfront PPP projects to October and November 2025, giving investors more time to prepare proposals for large-scale real estate developments.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
