Henderson Land Development has formally unveiled its new landmark project, Central Yards, situated on the New Central Harbourfront in Hong Kong. This ambitious, sustainable mixed-use development will feature over 1.6 million square feet of gross floor area. The project is a major component of the developer’s HK$63 billion harbourfront investment, secured via a record HK$50.8 billion land bid in 2021. The development is split into two phases, with the first scheduled to open in 2027.
IHG Hotels & Resorts has signed a dual management agreement with Mosa bin Abdul Aziz Al-Mosa and Sons Real Estate Holding Co. to launch two new hotels in Saudi Arabia. The hotels are the 232-key Crowne Plaza Al Khobar Al Bandariyah and the 106-key Holiday Inn Riyadh Rose Yard. The Crowne Plaza is expected to open in Q1 2027 near the Corniche, while the Holiday Inn, opening in late 2026, will feature the brand’s modern Open Lobby concept in Riyadh’s Al-Suwaidi district.
Verdion and Legal & General’s Industrial Property Investment Fund (IPIF) have secured a key urban logistics development site in the London Borough of Greenwich. The 2.6-acre brownfield site on Nathan Way has a GDV of £30 million. This deal marks the first collaboration between the two firms. Verdion will act as the developer, creating 78,987 sq ft of new floorspace across six small to mid-box units.
H.E. Saleh bin Nasser Al-Jasser, the Minister of Transport and Logistic Services, has inaugurated the Agility Logistics Park – Jeddah. This massive project represents a SAR 611 million private-sector investment by Agility Logistics Parks (ALP). The complex spans over 576,760 sqm and includes six Grade-A warehouses built to high international standards. Strategically located near Jeddah Islamic Port, the park is designed to serve high-growth sectors including e-commerce, retail, and technology.
Dar Al Majed Real Estate has entered a major partnership with the Jadwa 47 Fund, managed by Jadwa Investment Company, to build a high-quality mixed-use project in Riyadh. The development, located on King Salman Road next to the SABB station, covers over 8000 square meters. Its estimated total development cost is approximately one billion riyals. Dar Al Majed will act as the exclusive developer and holds an option to invest 50 million riyals in the fund
Imtiaz Developments has commissioned the globally recognised Zaha Hadid Architects (ZHA) to design its upcoming ultra-luxury mixed-use project in Dubai's prestigious Meydan district. The AED 1 billion development, which will feature residences, offices, and high-end retail, is scheduled for launch on November 18th at CocaCola Arena. The partnership signifies a major milestone in Imtiaz’s strategic expansion into Dubai’s most exclusive areas, following the announcement of an AED 3 billion portfolio in Meydan.
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