GARBE Industrial and Fortress Real Estate Investments have launched a joint venture to build a 61,000 square metre logistics centre in Bucharest. The project, GARBE Park Bucharest, marks the German developer's first entry into the Romanian market. Located on an 11-hectare plot near the new A0 ring road, the facility is designed for high-tech, automated operations with a 12-metre clear height. Construction is scheduled for late summer 2026, targeting a 2027 opening.
Al Saedan Real Estate has entered a major strategic partnership with Serpentine Lake Capital and SGI Real Estate to launch SL Property, an investment platform valued at SAR 1.5 billion. The initiative aims to develop a range of projects across Saudi Arabia, including residential communities, commercial hubs and digital infrastructure. By combining local development heritage with international asset management, the partners seek to deliver high-quality assets that support the Kingdom's economic diversification goals under Vision 2030.
Hankyu Hanshin Properties Corp has launched its first residential project in the United States through a joint venture with Bridge Tower Homes. The partnership will focus on the Texas market, beginning with the Saddlebrook development in Corinth. This project includes 97 detached homes priced from $385,000, with construction beginning in March 2026. The move signals a major global expansion for the Osaka-based company into the Dallas-Fort Worth metropolitan area.
Marriott Bonvoy has unveiled a major series of exclusive cricket experiences for its members ahead of the ICC Men’s T20 World Cup 2026. The hotel giant is offering over 500 bespoke packages for the tournament, which will be hosted across India and Sri Lanka. Highlights include the "Golden Ticket" prize, giving winners a luxury trip to the finals, and "1-Point Drops" for high-demand matches.
Blackstone Energy Transition Partners has agreed to acquire the American electrical manufacturer Arlington Industries. The deal, announced in late January, sees the global investment giant take control of a company with a 75-year history of producing fittings and enclosures. Arlington's products are central to the infrastructure of data centres and industrial facilities across the United States.
Dar Global and The Trump Organization have unveiled Trump Plaza Jeddah, a USD 1 billion mixed-use development in Saudi Arabia. Located within the Amaya master plan, the project includes luxury residences, Grade-A offices and a private central park. The site will feature a 4,000-square-metre private members' club alongside elite dining and retail options. This launch marks the third collaboration between the two entities in the Kingdom.
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