Kygo’s Palm Tree Crew has raised $20 million in a Series B led by WME Group, valuing the entertainment and lifestyle brand at $215 million, as it accelerates festival expansion and investments in consumer products.
Egypt has signed an $18 billion agreement with Emaar Misr and City Stars to develop Marassi Red Sea, a major coastal project in the Red Sea governorate scheduled for completion within four years.
AvalonBay Communities will join Bank of America’s Global Real Estate Conference on 9 September, while reporting that its Q3 Same Store revenue growth to August remains in line with expectations.
Samty Holdings has sold two portfolios of newly built multi-family properties worth ¥49 billion to sovereign wealth funds, with the developer retaining asset management responsibilities following its privatisation by Hillhouse.
Legence Corp. has launched the roadshow for its proposed IPO, offering 26 million shares with pricing expected between $25 and $29 per share, ahead of a planned Nasdaq Global Select Market listing under the symbol “LGN.”
Dave’s Hot Chicken partners with UK-based Azzurri Group to launch 180 restaurants across Europe, following a successful UK debut and rapid global expansion.