CoStar Group has acquired an approximate 30 per cent stake in Italy's agent-backed real estate platform Wikicasa. The deal integrates Wikicasa's database of 600,000 listings with CoStar's global networks like LoopNet. The partnership aims to accelerate digital transformation in the Italian property market by expanding international visibility for local listings and encouraging the widespread adoption of Matterport 3D digital twin technology.
Brookfield and Bloom Energy have expanded their power partnership for AI infrastructure to $25 billion, a fivefold increase since October 2025. Funded through Brookfield’s $100 billion AI Infrastructure Fund, the global initiative will scale Bloom's onsite fuel cell platform. The collaboration aims to deliver integrated power and compute solutions for hyperscalers and data centres.
Blacksand has signed a major agreement with Marriott International to build ten new hotels across Saudi Arabia. The four-year multi-brand project will introduce more than 1,300 rooms across the country. Key properties will span luxury, premium and extended-stay sectors. The first location is scheduled to launch in Riyadh, with construction and design planning already underway to support national tourism growth.
Arctos Sports has joined forces with RVX Ventures and Magellan Development Group to form a national sports-anchored real estate platform. The venture will focus on building large-scale entertainment districts near major stadiums. Their maiden project is the Neyland Entertainment District in Tennessee. The mixed-use site will feature a 24-story hotel, retail space and luxury residential properties on the waterfront.
Dubai based developer Majid Al Futtaim has signed a deal with master developer MIDAR to build a $3.1 billion mixed-use community in New Cairo. Spanning 553 feddans within Mada City, the phased project marks the firm's first foray into Egypt's residential property sector. The plan includes 6,000 homes alongside commercial districts, leisure spaces and a shopping hub.
Design Hotels has announced its largest portfolio expansion to date by adding 16 properties operated by US hospitality group Palisociety. The deal integrates over 1,000 keys across nine American destinations into its global network. The properties will gain access to Marriott International distribution channels and the Marriott Bonvoy travel loyalty platform.
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