Hard Rock International has unveiled plans for an $850 million hotel, casino and residential complex in San Juan, Puerto Rico. Slated to open in 2029, the project features 415 rooms and 186 branded residences. The development aims to combine luxury hospitality with the island's vibrant music culture, offering a recording studio and event spaces. Construction will begin in mid-2026, creating over 3,500 total jobs for the local economy.
PGIM Real Estate and Northstar Capital have acquired 51 Tuas View Link in Singapore for a major logistics redevelopment. The partnership will replace existing warehouses with a 1.1 million square foot, five-storey facility designed for sustainability. Located near the Tuas Mega Port, the project targets the city's supply-constrained industrial market. This investment follows PGIM’s US$3 billion transaction year in 2025 and focuses on creating long-term value through modern, ramp-up infrastructure.
Devonport City Council has unveiled the Formby Road Urban Renewal Study, identifying two major CBD sites for private development. Part of the LIVING CITY project, the plan proposes high-end apartments and commercial offices to replace existing car parks. By creating a new urban plaza and improving pedestrian links to the Mersey River, the council aims to boost footfall for local retailers and meet growing demand for inner-city living.
Saudi Arabia and Syria have signed a series of strategic investment agreements covering aviation, telecommunications, and infrastructure. Minister of Investment Khalid Al-Falih led a high-level delegation to Damascus to meet with President Ahmad Al-Sharaa. The deals include a major redevelopment of Aleppo International Airport and the creation of a new joint airline with Flynas. STC will lead efforts to modernise Syria's digital infrastructure while ACWA Power explores a large-scale desalination project.
CapMan Buyout is set to sell its stake in PDSVISION to private equity firms Bridgepoint and Polaris after a five-year partnership. Since 2020, the software solution provider has grown its revenue fivefold to SEK 1.7 billion and expanded its operations to 15 countries. The deal, expected to complete in early 2026, marks PDSVISION's transition from a regional Nordic player to a global leader in digital engineering.
Corinthia Hotels has teamed up with RoundShield and Kervis SGR to launch a 58-key luxury resort in Lake Como. Set to open in 2028, the property will be located in Menaggio next to Italy's second-oldest golf course. The development includes a beach club, three private villas and branded residences designed to blend with the alpine landscape. This project marks Corinthia's second site in Italy and focuses on restoring local heritage.
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