Hyatt has opened Masana Algarve, the first Destination by Hyatt resort in Portugal. Located in Albufeira, the property features 33 high-end residences designed for coastal living. The launch is part of Hyatt’s goal to triple its Portuguese presence by 2027. The resort offers residents and guests upscale dining, a holistic spa and proximity to the region’s iconic cliffs and traditional fishing heritage.
Hines and Burstone Group have launched a pan-European light industrial joint venture, seeded with a R760 million investment. The partnership has acquired six assets across Germany and the Netherlands, totalling 49,000 square metres. Burstone will manage the portfolio, taking a 20% equity stake alongside the Hines European Real Estate Partners III fund. The strategy targets value-add opportunities driven by nearshoring and supply chain growth.
Cypriot PropTech startup MyStudentFlat has expanded into Greece with the launch of its digital platform in Athens. Now operating in three cities across two countries, the company manages over 50 properties just seven months after its debut. The firm plans further expansion into major Greek university hubs and is preparing for its first funding round this spring to support European growth.
Greystar has acquired Native Communities to expand its third-party property management operations across Europe. The deal adds 9,000 homes across 37 UK assets to Greystar’s portfolio. This follows the recent acquisition of MD Property & Living in Ireland, marking a significant push into European rental management. The combined platform will provide services for both single assets and large-scale, multi-country portfolios.
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.
Dubai-based AI lab Smart Bricks has secured $5 million in pre-seed funding led by Andreessen Horowitz. The startup is developing agentic AI infrastructure to automate the global real estate investment process. By processing millions of data points, the platform identifies high-value opportunities and handles underwriting in minutes rather than months. The company aims to provide retail and institutional investors with the same sophisticated tools used by major private equity firms.
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