CTP has signed a major expansion deal with Leroy Merlin Romania for a 48,500 sqm distribution centre at CTPark Bucharest West. The custom-built facility is currently under construction and is expected to be delivered by February 2027. This partnership strengthens the park’s position as Europe’s premier industrial hub while supporting the retailer’s growing logistics and supply chain requirements across the Central and Eastern European region.
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.
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.
Global Net Lease has signed a definitive agreement to acquire Modiv Industrial in an all-stock deal valued at $535 million. The merger strengthens GNL’s industrial portfolio and is expected to close in the third quarter of 2026. Modiv stockholders will receive a 17 per cent premium and a 25 per cent increase in annual dividends.
New Clark City in Tarlac is transforming into a major industrial centre for artificial intelligence. Following the Philippines' entry into the US-led Pax Silica Declaration, a 4,000-acre site has been dedicated to high-tech innovation. The project aims to integrate the nation into global semiconductor and AI supply chains. This "Golden Node" will attract international investment while creating high-quality jobs for the local workforce.
The Government of Alberta has signed a major memorandum of understanding with South Korea’s Hanwha Group. This partnership aims to expand energy exports and industrial growth between the two regions. By aligning Alberta’s vast natural resources with Hanwha’s technical expertise, the deal supports Canada’s Indo-Pacific Strategy. It focuses on crude oil, hydrogen and long term defence infrastructure to strengthen economic security and trade.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
