IRHM, Your Global Window into Real Estate and Hospitality

July 3, 2026

Infrastructure

The Ho Chi Minh City People's Committee and Sun Group have launched a 29,317 billion VND infrastructure and cultural project along the Saigon River. The 73.3-hectare Public-Private Partnership scheme will expand Nguyen Tat Thanh Street to ten lanes, construct new bridges and create the Ben Nha Rong - Khanh Hoi Cultural Park, transforming old port warehouses into community spaces.
Ayala Land has increased its capital investment in the 320-hectare Lio Estate in El Nido, Palawan, to cater to growing demand for long-stay tourism and second homes. The expansion includes new transport links, a 3.7-kilometre boardwalk and a 16.3-hectare mixed-use district called Sitio Aplaya, while dedicating more than half of the coastal development to protected ecological zones.
Brookfield and Bloom Energy have expanded their power partnership for AI infrastructure to $25 billion, a fivefold increase since October 2025. Funded through Brookfield’s $100 billion AI Infrastructure Fund, the global initiative will scale Bloom's onsite fuel cell platform. The collaboration aims to deliver integrated power and compute solutions for hyperscalers and data centres.
The Greenville Arena District has selected Turner to manage the $182 million Bon Secours Wellness Arena Master Plan. The project will modernise the downtown arena, build a 6,500-seat amphitheatre and extend the entertainment district. Funded by existing venue revenues and hospitality taxes rather than tax increases, the project will focus heavily on creating employment opportunities for local small businesses and workers.
Bridgepoint has agreed to buy US investment platform Kayne Anderson Real Estate for an upfront enterprise value of $1.393 billion. The deal adds real estate as a fifth investment vertical for the mid-market investor, expanding its total assets under management to approximately $117 billion. The transaction is expected to close at the end of 2026, subject to regulatory approvals.
Lagermax Logistics Croatia has completed its third logistics warehouse at its Luka headquarters near Zagreb. The new facility increases total storage capacity to 60,000 square metres. Additionally, sister company Lagermax Autotransport has expanded its site to accommodate 1,200 more vehicles. The newly built facility achieved the highest BREEAM sustainability rating of Excellent for its energy efficiency and resource conservation.

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