IRHM, Your Global Window into Real Estate and Hospitality

July 9, 2026

lifestyle

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.
Mercedes-Benz and Binghatti have revealed plans for a massive $8.17 billion branded residential district in Dubai’s Meydan area. The development, known as Mercedes-Benz Places | Binghatti City spans 10 million square feet and represents a significant expansion of the partnership between the car manufacturer and the developer. This masterplanned community will feature multiple residential towers alongside retail, leisure and mobility hubs.
IHG Hotels & Resorts is set to debut its Kimpton brand in Morocco following a strategic agreement with Sirayane Hospitality. The 67-room Kimpton Marrakech will open in late 2026, offering a luxury lifestyle experience south of the city's historic centre. Featuring a rooftop restaurant and views of the Atlas Mountains, the project highlights the growing international demand for boutique hotels in North Africa.
Hilton and Higuerón Developments have announced the signing of the Waldorf Astoria Marbella, set to open in Spain’s Malaga Province in 2029. The resort will feature 120 guest rooms and 120 Waldorf Astoria branded residences, offering luxury accommodations with views of the Mediterranean. Amenities will include a 750 square metre spa, indoor and outdoor pools, a gym and multiple dining venues, including the brand’s iconic Peacock Alley.
Moxy Hotels has debuted in Nepal with the opening of Moxy Kathmandu in the city’s Durbarmarg district. The 101-room hotel is positioned as a lifestyle brand suited for a city that blends historical heritage with modern energy. The property is designed with flexible social spaces, including The Moxy Bar, which doubles as the check-in area and offers a complimentary cocktail to guests.
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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