IRHM, Your Global Window into Real Estate and Hospitality

June 3, 2026

Development

Dubai South and Majid Al Futtaim have partnered to launch a massive AED 62 billion mixed-use community spanning 22 million square feet. Located near Al Maktoum International Airport, the project features residential areas, retail zones and a large shopping mall. The development aims to support the long-term economic expansion of Dubai by creating a future-ready urban hub.
Dubai’s Mohammed Bin Rashid Aerospace Hub has launched a new 24,900 square metre Light Industrial and Maintenance Complex. The development includes 33 flexible units built to support aviation and aerologistics companies. Scheduled for completion by Q3 2027, the project aims to meet rising market demand and help international businesses grow inside the Dubai South free-zone ecosystem.
Bridge Tower and Blackmon Real Estate have established a joint venture called Build-to-Ownership to boost homeownership access in Greater Atlanta. The initiative replaces traditional renting models with a structured lease-to-own system. Led by Jackson Su and Michael S. Render, the program utilizes newly built homes to help families build equity, secure long term financial stability and establish deep roots within their local communities.
Ayala Land has partnered with the Philippine Tennis Center for Excellence to launch a new International Tennis Center in Vermosa. The facility will house the Philippine Tennis Academy and feature nine tennis courts and sixteen pickleball courts. Designed for both elite athletes and the public, the center aims to improve local sports infrastructure and provide a high-performance training ground for the next generation of Filipino champions.
H.E. Sheikh Nahyan bin Mubarak Al Nahyan has officially launched Greenz by Danube, a major new villa community in Dubai. The development is the first in the city to offer fully furnished master villas. Situated near Dubai International Academic City, the project includes over 50 amenities and Italian branded interiors. It aims to support the region's growing population with high-quality homes and flexible payment options.
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.

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