MIDAR for Investment and Urban Development has signed a multi-billion pound agreement to establish the first social sports club in the third phase of Mostakbal City. Occupying 42 feddans, the EGP 3 billion project is being developed in collaboration with Alexandria Sporting Club’s investment arm. The facility will offer world-class sports courts, fitness centres and social areas, with the first phase set to open in early 2027.
Minor Hotels has confirmed it will assume management of NH Hua Hin on 16 January 2026. The 152-room property is located in Thailand’s royal seaside town and offers a range of modern accommodation including family rooms and one-bedroom suites. Facilities include three dining outlets, a rooftop infinity pool and a dedicated Kids’ Club.
Hyatt Hotels Corporation has expanded its presence in Vietnam with the opening of Hyatt Regency Nha Trang. The new beachfront hotel features 434 guestrooms and suites designed to reflect the local maritime culture and fishing traditions. Situated on the prominent Tran Phu Street, the property offers easy access to the city’s historic district and transport links.
AC Hotels by Marriott has officially launched its first Philippine property in the heart of Manila's Ortigas Center. Located in the sustainable GLAS Tower, the 160-room hotel merges European design with Filipino culture. It features a range of amenities including a rooftop bar on the 61st floor, extensive meeting facilities and panoramic city views. The opening marks a significant expansion for Marriott Bonvoy in Southeast Asia.
Talaat Moustafa Group (TMG) has officially opened “The Village”, a new commercial and entertainment district at its Celia project in the New Administrative Capital. The facility features a Carrefour hypermarket and a “Kids Station”, alongside a variety of mixed-use services. Located in the heart of the Green River area, the hub includes medical centres, cinemas, and an open-air theatre.
North Bucharest Investments has announced the beginning of construction for "The Edition 1011 Featured by Versace Ceramics," Romania's inaugural residential project under the official Versace Ceramics license. The development is situated on Fabrica de Glucoză Road in Bucharest, an emerging area for luxury properties. This launch signals a major step in the evolution of the city's premium real estate market, with the developer stating the concept is designed to transform everyday living into a direct expression of personal identity.
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