CTP has signed a major expansion deal with Leroy Merlin Romania for a 48,500 sqm distribution centre at CTPark Bucharest West. The custom-built facility is currently under construction and is expected to be delivered by February 2027. This partnership strengthens the park’s position as Europe’s premier industrial hub while supporting the retailer’s growing logistics and supply chain requirements across the Central and Eastern European region.
ASMO, a joint venture between Aramco and DHL, has broken ground on a massive 1.4 million square metre logistics hub at King Salman Energy Park. Developed in partnership with Arcapita, the facility aims to strengthen Saudi Arabia’s industrial supply chain. The site will feature smart technology and sustainable design, supporting the Kingdom's goal of becoming a premier regional trade gateway by 2030.
Construction has officially commenced on the EcoSapa Eco-Resort Township at the Ô Quy Hồ Tea hill in Lào Cai Province. The project is a joint venture between Ecopark Hải Dương Investment JSC and Hồng Phong Investment and Development Co., Ltd. Designed by enCity, the development aims to integrate tourism, tea culture and luxury resort living into the natural mountain landscape of northern Vietnam.
Continuum Company and Aksoy Holdings have obtained approximately $350 million in financing for the Continuum Waterfront District in North Bay Village, Miami. The capital package from S3 Capital Partners funds the construction of a 36-story residential tower and pre-development for a second phase. This four-acre project includes over 500 units, a hotel and a marina, with the first phase scheduled for completion in 2028.
Construction has officially begun on the civil aviation component of Phan Thiet Airport, a project valued at over 3,900 billion VND. Led by Sun Group, the 4E-standard airport is expected to be completed within two years. Located in Mui Ne, the facility features a Champa-inspired terminal designed to handle two million passengers annually, marking a significant milestone for regional connectivity and tourism.
ICG Real Estate has issued a £152 million loan to Arada London for a new residential scheme in Swiss Cottage. The project at 100 Avenue Road features a 25-storey tower with 172 private units and a second block providing 79 social rented homes. Construction is underway on the 0.93-acre site. The development includes luxury amenities and retail units with a scheduled completion date of autumn 2028.
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