IRHM, Your Global Window into Real Estate and Hospitality

October 23, 2026

Commercial Real Estate

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.
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.

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