IRHM, Your Global Window into Real Estate and Hospitality

May 31, 2026

Partnership

BNW Developments has partnered with Radisson Hotel Group to launch the first Radisson Blu Hotel and Residences in the new RAK Central district. The project features a 361-room hotel and 222 branded apartments, merging luxury living with a major commercial hub. This collaboration aims to establish a new benchmark for hospitality in Ras Al Khaimah as the emirate expands its urban and economic core.
Zillow has teamed up with Blizzard Entertainment to launch a virtual property microsite for World of Warcraft fans. The project uses real-world technology like 3D tours to showcase in-game player housing. This collaboration arrives ahead of the Midnight expansion on 2 March and aims to bridge the gap between fantasy escapism and real-life home aspirations. It provides an immersive way for a global gaming community to explore virtual homes.
The Dubai Land Department is launching Phase II of its Real Estate Tokenisation Project, allowing secondary market trading from 20 February 2026. This move transitions the project from a pilot stage to a regulated operational framework involving 7.8 million tokens. The initiative aims to enhance market liquidity and transparency while supporting the Dubai Real Estate Sector Strategy 2033. By enabling fractional ownership, Dubai is positioning itself as a global leader in property technology.

Harris County has approved the 83-acre Toro District in Bridgeland. This public-private partnership with the Houston Texans and Howard Hughes Communities includes a 22-acre team headquarters and training facility. The project features $150 million in infrastructure funding and aims to generate $34 billion in economic impact. Moving from NRG Stadium, the Texans seek a world-class environment for operations while providing new jobs and community resources for the growing northwest Houston corridor.
Marriott Bonvoy has partnered with Bank Mandiri to launch its first co-branded credit card in Indonesia. This move marks the travel program’s debut in the Southeast Asian credit market and Bank Mandiri’s first collaboration with a global hospitality group. The card allows Indonesian travellers to accumulate points through daily spending, which can be redeemed across Marriott’s portfolio of 10,000 destinations.
Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.

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