Ayala Land has increased its capital investment in the 320-hectare Lio Estate in El Nido, Palawan, to cater to growing demand for long-stay tourism and second homes. The expansion includes new transport links, a 3.7-kilometre boardwalk and a 16.3-hectare mixed-use district called Sitio Aplaya, while dedicating more than half of the coastal development to protected ecological zones.
The Greenville Arena District has selected Turner to manage the $182 million Bon Secours Wellness Arena Master Plan. The project will modernise the downtown arena, build a 6,500-seat amphitheatre and extend the entertainment district. Funded by existing venue revenues and hospitality taxes rather than tax increases, the project will focus heavily on creating employment opportunities for local small businesses and workers.
Skanska has secured a SEK 370 million contract with Lundbergs Fastigheter to build four rental apartment buildings in Jönköping. The project in Södra Munksjön will feature commercial spaces, underground parking and a total gross area of over 21,700 square meters. Construction starts in mid-2026, with completion scheduled before the end of 2028 under the Miljöbyggnad Silver environmental standard.
Lagermax Logistics Croatia has completed its third logistics warehouse at its Luka headquarters near Zagreb. The new facility increases total storage capacity to 60,000 square metres. Additionally, sister company Lagermax Autotransport has expanded its site to accommodate 1,200 more vehicles. The newly built facility achieved the highest BREEAM sustainability rating of Excellent for its energy efficiency and resource conservation.
The European Bank for Reconstruction and Development has approved a €25 million local currency loan for Tavan Bogd Holdings. The capital will fund the first phase of the Gerlug Green Complex in Ulaanbaatar, a mixed-use development creating sustainable housing for 1,000 people and commercial space for 30 businesses while targeting international EDGE green certification.
Blacksand has signed a major agreement with Marriott International to build ten new hotels across Saudi Arabia. The four-year multi-brand project will introduce more than 1,300 rooms across the country. Key properties will span luxury, premium and extended-stay sectors. The first location is scheduled to launch in Riyadh, with construction and design planning already underway to support national tourism growth.
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