UOL Group and CapitaLand Development are set to launch Thomson Reserve, a 1,268-unit residential project in Upper Thomson, Singapore. Situated on a five-hectare site beside the Central Catchment Nature Reserve, the development offers expansive green spaces and transport links. Public previews begin on 17 October 2026, with unit prices starting at S$1.544 million.
Sun Group and Marriott International have signed a strategic partnership agreement in New York to expand Vietnam’s luxury hospitality and MICE tourism sectors ahead of APEC 2027. The agreement includes a major multi-brand hotel complex at the Ruby Beach Mixed-Use Urban Area in Phu Quoc, which will initially introduce over 7,000 rooms. The development is supported by regional infrastructure upgrades, including airport expansions and transit projects.
Saudi developer ROSHN Group and Talaat Moustafa Group Saudi have signed a preliminary agreement to set up a joint venture for a major mixed-use development in Riyadh. TMG Saudi will hold a 51% stake and ROSHN Group will hold 49%. Initial studies indicate the project could deliver over 55,000 residential units alongside commercial, healthcare, educational, and leisure amenities.
IHG Hotels & Resorts has expanded its alliance with developer Urban Property Group by signing two new projects in New South Wales. The deal introduces Crowne Plaza Newcastle and Hotel Indigo Gosford, increasing their shared pipeline to three sites across the state. Joining the previously agreed Crowne Plaza Parramatta, the developments form key elements of major mixed-use schemes designed to support economic and regional tourism growth.
Global real estate manager Starlight Investments has secured £680 million in total capital commitments for its Starlight UK BTR Fund II and related investment vehicles. The capital will finance the acquisition and construction of more than 6,000 build-to-rent homes across the UK. Backed by international institutional investors and Homes England's National Housing Bank, the vehicle has already deployed funds into three major housing schemes.
Suntex Enterprises has signed a Letter of Intent to launch a North American real estate initiative exceeding $1 billion over five years. Anchored by two Alberta projects expected to generate $575 million, the company plans to build, own and monetise master-planned sites in Canada and the US. Suntex is also divesting its beverage arm for $5 million to fund growth.
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