US trade association Nareit has rolled out its new PropTech and Innovation Partnership to bridge the gap between commercial property professionals and emerging tech firms. Artificial intelligence specialist Fifth Dimension has joined the 2026 pilot program as its first official participant. The initiative aims to track digital tools impacting real estate operations ahead of a planned full-scale expansion across the sector next year.
Hilton has announced plans to introduce its premium economy brand, Spark by Hilton, to Italy following an agreement with ELE Spa. The 118-room Spark by Hilton Milan Linate Airport is scheduled to open later this year, situated near the terminal. This property will be the eleventh Hilton brand to establish a presence or enter the development pipeline across Italy.
Construction has commenced on the 147 million dollar Wallace Campus regeneration scheme in Poughkeepsie. The initiative will transform a vacant, historical department store and construct two additional structures to deliver 187 affordable flats alongside 22,000 square feet of commercial space. Backed by state, federal and local funding, the all-electric development forms part of New York State's wider multi-billion dollar housing investment strategy.
Streamex Corp. has partnered with Orca to launch a 24/7 decentralised secondary liquidity infrastructure for tokenised securities. The system debuts with GLDY, a gold-backed tokenised security. Operating on the Solana blockchain, the platform automates regulatory compliance and KYC verification at the token level, creating a continuous trading venue supported by institutional liquidity providers for verified accredited investors.
Wold Architects & Engineers has acquired Nashville-based architecture firm JJCA. The move strengthens both firms' ability to serve communities across the United States by combining Wold’s extensive engineering resources with JJCA’s deep expertise in healthcare and education design. Leadership from both companies will remain actively involved to ensure continuity for existing clients.
Vinhomes has launched a five-year scheme alongside gold and silver companies to help clients convert idle gold into cash to purchase properties. Buyers can later opt to keep the real estate or receive 110% of their converted gold value. The initiative aims to mobilize capital while supporting Vinhomes as it targets a record revenue growth of over 15% this year.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
