IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

Commercial Real Estate

DEAL Holdings has launched FAB Group, a new lifestyle and culinary brand that will open at least 25 destinations in the UAE within five years and expand into Saudi Arabia and Qatar, creating over 800 jobs in the process.
Cushman & Wakefield has secured a five-year agreement with Woodside Energy to provide real estate services across 14 countries, strengthening their global partnership and marking the firm’s first Global Occupier Services client based in Perth.
Growthpoint Properties has confirmed that Estienne de Klerk will succeed Norbert Sasse as Group CEO in July 2026, with José Snyders appointed as Group CFO from January 2026, in a planned leadership transition at South Africa’s largest listed property group.
TLT has appointed Jonathan O’Hagan as partner in its Real Estate team in Belfast, boosting its cross-jurisdictional expertise to meet growing client demand across the UK and Ireland.
King Street Capital Management has successfully rounded off fundraising for its newest European real estate venture, pulling in a hefty $950m (€807.4m) for its European Real Estate Special Situations Fund II, better known as ESS II. The fund, which wrapped up at its hard cap within just a year, has drawn backing from a wide mix of global investors spanning North America, Europe, Asia, and the Middle East.
Embassy Office Parks REIT has raised ₹1,550 crore through bonds and loans, securing its lowest borrowing cost in four years. The refinancing deal is expected to save 113 basis points annually, supporting the REIT’s strategy to strengthen its balance sheet and boost future growth.

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