IRHM, Your Global Window into Real Estate and Hospitality

April 3, 2026

Investment

PropTech firm Visitt has secured $22 million in Series B funding to accelerate its AI-driven property operations platform. Led by Susquehanna Growth Equity, the investment follows a massive period of growth in which the company saw its managed square footage increase by over 900 per cent in 2025. The new capital will be used to develop further AI agents and scale its customer support teams to meet rising demand across the industrial, office and retail sectors.
Blackstone Energy Transition Partners has agreed to acquire the American electrical manufacturer Arlington Industries. The deal, announced in late January, sees the global investment giant take control of a company with a 75-year history of producing fittings and enclosures. Arlington's products are central to the infrastructure of data centres and industrial facilities across the United States.
Emirates Airline has confirmed a major land deal with Dubai Investments Park to build a massive residential complex for its staff. This multi-billion-dirham project will eventually house 12,000 cabin crew members across 20 modern buildings. The site is positioned perfectly between Dubai’s two main airports to support the airline as it grows and moves operations. Construction is due to start in just a few months with the first residents moving in by 2029.
Dar Global and The Trump Organization have unveiled Trump Plaza Jeddah, a USD 1 billion mixed-use development in Saudi Arabia. Located within the Amaya master plan, the project includes luxury residences, Grade-A offices and a private central park. The site will feature a 4,000-square-metre private members' club alongside elite dining and retail options. This launch marks the third collaboration between the two entities in the Kingdom.
Instone Real Estate has acquired a 12,500 m² plot in Unterschleißheim to develop a new residential quarter. The project will provide 180 apartments designed to meet high energy efficiency standards including a connection to local geothermal energy. Located in the northern Munich metropolitan area, the development forms part of a multi-generational campus initiative. The move aims to tackle the urgent need for housing in one of Germany's most economically vibrant regions.
Bain Capital Real Estate has successfully secured over $5 billion in new capital commitments, marking a significant expansion of its investment capacity. The firm recently closed its Real Estate Fund III with approximately $3.4 billion, alongside a $1.6 billion raise dedicated to an open-air retail platform with 11North Partners. This total exceeds the $3 billion raised for its previous fund and highlights strong investor confidence despite a difficult real estate cycle.

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