Hospitality leader Accor has launched a five year global eco-initiative to test and scale resource-saving technologies across its international network. The project targets the validation of over 100 environmental systems by 2030, beginning with an intense operational focus on commercial water efficiency. Partnering with non-profit Water Unite, the company will pilot advanced recycling and reuse systems across its portfolio.
Abu Dhabi has announced a 1.7 billion US dollar investment to build the world's second Sphere entertainment venue on Yas Island. Expected to open by the end of 2029, the high-tech 20,000-capacity structure will host concerts, live sports and immersive cultural exhibitions. The project forms part of a wider strategy to diversify the economy and establish the emirate as a premier global tourism destination.
The Real Estate Institute of Queensland has formed a landmark partnership with global venture fund Second Century Ventures to boost property technology. The organizations signed a Memorandum of Understanding to fund and support technology startups across Australia. The initiative combines global investment with local market intelligence to address complex housing challenges, positioning Queensland as a prime regional hub for digital real estate innovation.
Ayala Land has partnered with the Philippine Tennis Center for Excellence to launch a new International Tennis Center in Vermosa. The facility will house the Philippine Tennis Academy and feature nine tennis courts and sixteen pickleball courts. Designed for both elite athletes and the public, the center aims to improve local sports infrastructure and provide a high-performance training ground for the next generation of Filipino champions.
Aldar and the Department of Municipalities and Transport have formed a massive public-private partnership to transform Abu Dhabi's urban landscape. The deal activates 20 million square metres of land across five locations to create integrated communities. These developments include affordable rental housing, lifestyle districts and the first-ever residential project on Al Mihsinah Island. The project focuses on walkable neighbourhoods, green spaces and enhanced connectivity.
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.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
