IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Innovation

Altus Group Limited has announced significant changes to its senior leadership structure following the conclusion of a comprehensive strategic review. Jim Hannon, the company's Chief Executive Officer and Director, has departed his roles with immediate effect. The commercial real estate intelligence provider, trading on the TSX as AIF, simultaneously appointed former CEO Mike Gordon as Executive Chair. Mr. Gordon is confirmed to take over the CEO position fully in Q1 2026. Current Chair Raymond Mikulich is stepping down but will retain his seat on the Board of Directors.
Modern hospitality is moving beyond luxury to embrace culture, authenticity and a true sense of place. Travellers now seek experiences rooted in local identity, from architecture inspired by regional craft to culinary immersion such as olive harvests or sake brewing. Staff act as cultural ambassadors, while partnerships with artisans preserve heritage and support local communities. As wellness and travel intersect with tradition and craft, hospitality is shifting towards meaningful connection and belonging.
HFA Architecture + Engineering has acquired Boston-based life sciences specialist TRIA, marking its formal entry into the Science + Technology sector. The move brings TRIA’s laboratory and biomanufacturing design expertise into HFA’s national architecture and engineering platform, strengthening its ability to serve biotech, pharmaceutical and research clients across the US while expanding its geographic footprint.
The Lab Ventures has closed its €29.1 million Fund II to accelerate investment in early-stage B2B startups across Spain and MENA markets. Focused on sectors including PropTech, HealthTech, and professional services digitisation, the operational VC combines capital with hands-on support in product, engineering, business development, and talent acquisition to help founders scale efficiently.
New7Wonders has launched its global “7 Wonders of Future Cities” campaign on World Cities Day 2025, inviting urban developments worldwide to compete for recognition as leading models of innovation and sustainability. Cities and districts have twelve months to apply before global public voting begins in October 2026. Winners will be named on 31 October 2027 in the next major New7Wonders initiative.
Property Finder has secured $250 million in debt financing from Ares Credit Funds to accelerate its growth across the MENA region. The funding will support AI-driven solutions, product innovation, and strategic partnerships while reinforcing the company’s position as the region’s largest property platform.

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