Samsung Electronics has signed an agreement with real estate developer DH Plus to supply AI appliances and B2B operational solutions for the Grants Forest Park development in Cebu, Philippines. The mixed-use complex will feature residences, a hotel, villas and an international school by 2030. Samsung will integrate its SmartThings, SmartThings Pro and b.IoT platforms to streamline energy efficiency and building operations across the site.
Vingroup Corporation has officially commenced construction on the Northwest Bac Ninh City New Urban Area Project - Zone 1, known commercially as Vinhomes King Park. Covering nearly 270 hectares in Kinh Bac ward, the low-density development will feature housing, green spaces and an extensive sports complex. The scheme aims to enhance local living standards and attract regional investment.
IHG Hotels & Resorts has expanded its alliance with developer Urban Property Group by signing two new projects in New South Wales. The deal introduces Crowne Plaza Newcastle and Hotel Indigo Gosford, increasing their shared pipeline to three sites across the state. Joining the previously agreed Crowne Plaza Parramatta, the developments form key elements of major mixed-use schemes designed to support economic and regional tourism growth.
Knowledge Economic City has signed an agreement with Almajdiah and Capital Hill to launch a SAR 2.8 billion residential development in Madinah. Built on 97,000 square metres of land, the project features 2,700 apartments, commercial units and extensive parking. The target market includes non-Saudi international Muslim buyers under updated Kingdom ownership rules, with funding handled via a closed-ended real estate investment fund.
Dubai Holding has awarded an AED 5 billion construction contract to China State Construction Engineering Corporation Middle East (CSCEC ME). Witnessed by Sheikh Ahmed bin Saeed Al Maktoum, the Group's largest contract to date finances the construction of its new group headquarters and Jumeirah Residences Emirates Towers. Designed by Skidmore, Owings & Merrill and SCDA Architects respectively, the developments will be completed in 2029 and 2030.
The University of South Florida has broken ground on Uptown Landing, a $500 million mixed-use scheme on its Tampa campus. Formerly known as the Fletcher District, the project will deliver 700 student beds, retail units, restaurants, a hotel, and the Translational Research Institute. Constructed as a public-private partnership, the initial 30-acre phase is scheduled for completion ahead of the autumn 2028 term.
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