SURJ Sports Investment, a company owned by Saudi Arabia’s Public Investment Fund, has launched a new joint venture called radia alongside Live Nation and Oak View Group. The initiative will manage, operate and commercialise multi-use sports and entertainment venues across the country. It aims to support Saudi Arabia’s growing sports sector, which is projected to exceed $22 billion in value by 2030.
Saudi Arabia's Public Investment Fund and global investment manager I Squared Capital have signed a memorandum of understanding. The agreement outlines plans for I Squared to invest up to $2 billion in real estate and infrastructure assets owned by the sovereign wealth fund and its portfolio companies, focusing heavily on digital infrastructure and district cooling systems across the Kingdom.
Hilton has confirmed a three-year extension of its partnership with day-access platform ResortPass across the Americas. The collaboration responds to growing consumer demand for non-overnight wellness, fitness and resort experiences. The expansion includes the launch of a new poolside event series called Off Hours alongside curated daytime packages at major properties, including the Waldorf Astoria Beverly Hills and Hilton Orlando.
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.
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