IRHM, Your Global Window into Real Estate and Hospitality

May 12, 2026

Partnership

Abu Dhabi has unveiled a massive AED55 billion investment pipeline for infrastructure projects to be delivered through public-private partnerships. The Abu Dhabi Investment Office and the Abu Dhabi Projects and Infrastructure Centre confirmed that 24 projects will hit the market in 2026 and 2027. These developments span the transport, social and utility sectors, aiming to attract significant domestic and international private sector investment.
VinMetal, a subsidiary of Vingroup, has signed a strategic agreement with Primetals Technologies to develop a major steel production complex in Ha Tinh, Vietnam. The project focuses on green and digital technology for both long and flat steel. By using advanced metallurgical solutions, the partnership aims to meet international ESG standards. The facility is expected to begin initial operations in 2027, supporting domestic and export markets.
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.
Hyatt Hotels Corporation has signed a major master franchise agreement with Dossen Group to launch the Hyatt Select brand in the Chinese mainland. This strategic partnership focuses on the upper-midscale sector, combining Hyatt’s international reputation with Dossen’s extensive local network. The move aims to meet rising demand for affordable quality among modern travellers while providing flexible, high-value development opportunities for hotel owners across the region.
Global Net Lease has signed a definitive agreement to acquire Modiv Industrial in an all-stock deal valued at $535 million. The merger strengthens GNL’s industrial portfolio and is expected to close in the third quarter of 2026. Modiv stockholders will receive a 17 per cent premium and a 25 per cent increase in annual dividends.
The European Investment Bank has signed a cooperation agreement with the Ukrainian government to provide expert guidance on major infrastructure projects. This partnership is part of the Ukraine FIRST initiative, which aims to prepare roads, railways and energy networks for reconstruction. With over €40 million in funding, the programme will help Ukraine meet European standards and secure necessary financing for long-term national recovery and development.

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