AtkinsRéalis subsidiary Edaroth has finished 12 affordable homes across four sites in Epsom, Surrey, for Raven Housing Trust. Built using offsite modern methods of construction, the development aims to provide a repeatable model for social housing providers across the UK. The scheme exceeds current government targets for offsite manufacturing while meeting future environmental efficiency standards.
Hyundai E&C has selected 12 promising startups through its fifth annual open innovation contest, co-hosted with the Seoul Economic Promotion Agency. Chosen from 156 applicants, these firms will undergo a four-month proof-of-concept phase to test emerging technologies across artificial intelligence, robotics, digital healthcare and smart construction. The initiative aims to integrate cutting-edge solutions directly into active construction sites and residential developments.
Saudi Downtown Company has signed a major agreement with national firm Ansab Company. The deal covers the comprehensive design and construction of critical infrastructure works for the Downtown Al Khobar project. The contract will focus on developing roads, implementation networks and street lighting to build an integrated urban environment that supports long term economic growth in the region.
Sime Darby Property and ESR have expanded the E-Metro Logistics Park in Selangor, Malaysia, by adding over 2,200,000 square feet of warehouse space. The expansion includes the finished Metrohub 4 facility and the groundbreaking of Metrohub 3. Global beverage brand MIXUE has pre-committed to Metrohub 4, while Metrohub 3 will offer specialised storage for electric vehicle components and lithium batteries.
Greystar has finalised a deal for the University Drive student housing project at Pennsylvania State University. Developed alongside JLC Infrastructure, the scheme will deliver 1,505 beds across 703 units in four podium-style buildings. This project is the second student housing asset for the Greystar infrastructure platform and marks the first public-private partnership housing venture for the university.
A consortium led by Banque Misr has secured an additional EGP 4 billion syndicated loan for Ora Developers Egypt. The deal raises the total financing for the flagship Zed Sheikh Zayed project in West Cairo to EGP 9 billion, helping to fund remaining construction costs across the 165-acre urban development.
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