A joint venture between American Real Estate Partners and Harrison Street has completed the transformation of a 1980s office block into luxury apartments. CityHouse Old Town features 199 boutique residences and ground-floor retail space. This project represents the first successful conversion of its kind in Alexandria, Virginia, addressing the shifting demand for housing by repurposing underutilised commercial space in a historic district.
Industrial developer SEGRO has reached an agreement with dermatology firm ISDIN to create a new 22,000 m² logistics hub in Martorelles, Barcelona. Scheduled for completion in late 2027, the facility is part of a brownfield regeneration project on a former industrial site. The hub will prioritise sustainability and employee wellbeing, aiming for top-tier environmental certifications and featuring advanced energy management systems to support ISDIN’s global expansion.
Da Nang has marked a major milestone in its maritime development with the completion of shared infrastructure at Lien Chieu Port. A ceremony on March 28 signaled the start of a US$2 billion comprehensive investment project for a new container terminal. This mega-project aims to establish an international transshipment hub in Central Vietnam. It will feature eight berths capable of handling the world’s largest container vessels.
CapMan Real Estate has agreed to forward fund two significant residential developments in Stockholm through a partnership with Reliwe. The projects in Barkarby and Flemingsberg will deliver 478 new apartments and 10 commercial units to the region. Both sites are positioned for high connectivity, situated within 25 minutes of Stockholm city centre. The transaction is expected to close in March 2026, with construction beginning shortly.
Hyundai Engineering & Construction is expanding its European footprint through nuclear partnerships in Finland, Sweden and the Netherlands. Collaborating with Westinghouse and Holtec International, the firm is facilitating large-scale reactors and next-generation Small Modular Reactors. These initiatives align with a regional shift toward fossil fuel-free energy, marked by a successful Helsinki symposium and a new technology agreement with Dutch firm Thorizon for molten salt reactors.
Hyundai Engineering & Construction has joined forces with 17 financial institutions to secure the Apgujeong District 3 and 5 redevelopment. Through the new "H-Finance Solutions" programme, the builder provides a financial safety net for members. This initiative covers relocation costs and interim payments to shield residents from market volatility. By treating the area as a single business district, the company ensures long-term stability for this major Seoul project.
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