Sun Group has signed a US$360 million agreement with an international consortium to build a massive aircraft maintenance, repair and overhaul complex at Vietnam's Van Don International Airport. The project, involving HAECO, Japan Airlines and Toyota Tsusho, aims to address a severe regional capacity shortage and lower the local industry's dependence on overseas engineering hubs when operations begin in 2028.
Saudi Arabia's Minister of Municipalities and Housing, Majid bin Abdullah Al-Hogail, has secured housing projects worth over 1.9 billion riyals during an official visit to China. The trip featured the signing of six major agreements alongside the launch of the Saudi-Chinese Contractors Forum. These deals form part of a broader bilateral strategy to construct 100,000 homes in the Kingdom by 2030.
AvalonBay Communities and Equity Residential have revealed the future executive leadership team for their combined firm. The appointments will take effect after the completion of their multi-billion dollar corporate merger, which is scheduled for the second half of 2026. The new entity will control a substantial residential portfolio containing more than 180,000 rental apartments across the United States.
Legal technology specialist Legora has acquired Cadastral, an artificial intelligence platform built for the commercial property sector. The transaction represents Legora's first expansion into commercial real estate and establishes a new engineering base in New York City. Cadastral is the company's fourth acquisition this year, following substantial revenue growth and a multibillion-pound corporate valuation.
Wold Architects & Engineers has acquired Nashville-based architecture firm JJCA. The move strengthens both firms' ability to serve communities across the United States by combining Wold’s extensive engineering resources with JJCA’s deep expertise in healthcare and education design. Leadership from both companies will remain actively involved to ensure continuity for existing clients.
VinMetal, a subsidiary of Vingroup, has signed a strategic agreement with Primetals Technologies to develop a major steel production complex in Ha Tinh, Vietnam. The project focuses on green and digital technology for both long and flat steel. By using advanced metallurgical solutions, the partnership aims to meet international ESG standards. The facility is expected to begin initial operations in 2027, supporting domestic and export markets.
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