Hang Lung Properties, in partnership with Shanghai Join Buy Group Co., Ltd., has secured the No. 1038 West Nanjing Road Commercial Project. The landmark redevelopment, formerly Westgate Mall, will operate under a 20-year lease. The site will be transformed into a dynamic mixed-use complex and will feature integrated retail, hospitality, and office spaces, supporting Shanghai’s urban renewal efforts and international consumption status.
Hilton has marked the lifestyle brand’s debut in Medellín, Colombia, with the opening of the 111-suite York Medellin, Curio Collection by Hilton. This is the 27th Hilton property in Colombia and the third Curio Collection hotel in the country. Situated in the exclusive El Poblado neighbourhood, the hotel features stylish suites, fully equipped kitchens, and smart technology.
Swire Properties and Lujiazui Group have launched Qiantan Place in Shanghai’s Pudong district, featuring two premium Grade-A office towers: One Qiantan Place (30 storeys) and Two Qiantan Place (24 storeys). The launch begins the pre-leasing phase for the new workspaces, which are part of the expanded Taikoo Li Qiantan mixed-use development. This development reinforces Swire Properties’ significant operational footprint in Shanghai.
Romania has announced the Dracula Land project concept, a private investment exceeding €1 billion aimed at creating the largest entertainment, retail, and technology destination in Europe. The 160-hectare site, located near Bucharest and Otopeni Airport, is a collaboration between Romanian investors Dragoş Dobrescu and George Toader and international partners.
Modon has successfully sold out Bashayer, its first waterfront residential community on Hudayriyat Island, generating AED 3 billion in sales within one day of its launch. The development consists of 157 villas and 330 premium apartments located in low-rise terraced buildings. The exceptional demand reinforces Hudayriyat Island's position as a highly desirable residential destination for both local and international investors.
Chedi Hospitality, a global curator of design-led hotels, resorts, and branded residences, has appointed Stephan Schupbach as its new President & Group Chief Executive Officer. With over three decades of international experience in the luxury hospitality sector, Mr Schupbach will now lead the company’s long-term strategy, brand vision, and portfolio performance.
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