ASMO, a joint venture between Aramco and DHL, has broken ground on a massive 1.4 million square metre logistics hub at King Salman Energy Park. Developed in partnership with Arcapita, the facility aims to strengthen Saudi Arabia’s industrial supply chain. The site will feature smart technology and sustainable design, supporting the Kingdom's goal of becoming a premier regional trade gateway by 2030.
DMCC has launched One Uptown Place and Two Uptown Place, a twin-tower commercial development in its Uptown Dubai district. The project will provide 560,000 square feet of Grade A office space and 82,000 square feet of retail area. Scheduled for completion in early 2028, the expansion will increase the district’s total commercial footprint to over 1 million square feet to meet rising demand from global firms.
Barings has successfully acquired Tazzoli 6, an 11,000 sqm office building in Milan's highly sought-after Porta Nuova district. The deal was executed via an Italian real estate fund managed by Savills IM SGR. This acquisition marks Barings' seventh office investment in Milan and highlights their commitment to the city’s central business district.
Bungalow Projects and Bain Capital Real Estate have secured $304 million in construction financing for Echelon Studios, two next-generation film and television production campuses in Brooklyn. The developments will deliver 600,000 sq ft of soundstages, office, and support space, backed by New York’s largest-ever C-PACE financing package.
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