IRHM, Your Global Window into Real Estate and Hospitality

October 2, 2026

Partnership

Greystar has finalised a deal for the University Drive student housing project at Pennsylvania State University. Developed alongside JLC Infrastructure, the scheme will deliver 1,505 beds across 703 units in four podium-style buildings. This project is the second student housing asset for the Greystar infrastructure platform and marks the first public-private partnership housing venture for the university.
Minor Hotels has launched reservations for Anantara Tented Camp Kafue River, its first tented safari property in Zambia. Situated in Kafue National Park, the eco-friendly 13-key resort features structures elevated on timber platforms to protect local wildlife corridors. The luxury development marks a major milestone in Anantara's 25th anniversary year and supports regional ecological restoration.
Vietnamese developer Sun Group and global hospitality giant Accor have signed a landmark agreement to expand their decade-long strategic partnership. The deal will add nearly 6,000 high-end hotel rooms and serviced apartments across Phu Quoc and Da Nang. Spanning mid-scale to luxury tiers, the expansion introduces several new lifestyle brands to Vietnam, significantly strengthening the country's premium tourism infrastructure ahead of major international events.
A joint venture led by global real estate specialist Kennedy Wilson has purchased the Carraway housing development in Westchester County for $237 million. The 421-unit Class A residential site in West Harrison was bought alongside Japanese partners Kenedix and Hulic. Situated 25 miles north of Manhattan, the complex features a mix of flats, structured parking and ground-floor retail units.
The Sharjah Investment and Development Authority (Shurooq) has chosen Minor Hotels to manage the Sharjah Collection, a regional portfolio of seven eco-focused boutique properties. The international operator will integrate the coastal, desert and mountain retreats into its luxury network after a series of upgrades, boosting global reach while protecting local heritage.
Japanese developer Mitsubishi Estate has partnered with Central Pattana to build a 43-billion-yen mixed-use tower in Bangkok. Located in the popular Siam Square area, the 42-storey development will blend flagship luxury retail, modern workspaces, and the Thai debut of 25hours hotels. Construction is underway and phase openings will start in 2027.

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