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.
CoStar Group has acquired an approximate 30 per cent stake in Italy's agent-backed real estate platform Wikicasa. The deal integrates Wikicasa's database of 600,000 listings with CoStar's global networks like LoopNet. The partnership aims to accelerate digital transformation in the Italian property market by expanding international visibility for local listings and encouraging the widespread adoption of Matterport 3D digital twin technology.
Brookfield and Bloom Energy have expanded their power partnership for AI infrastructure to $25 billion, a fivefold increase since October 2025. Funded through Brookfield’s $100 billion AI Infrastructure Fund, the global initiative will scale Bloom's onsite fuel cell platform. The collaboration aims to deliver integrated power and compute solutions for hyperscalers and data centres.
Blacksand has signed a major agreement with Marriott International to build ten new hotels across Saudi Arabia. The four-year multi-brand project will introduce more than 1,300 rooms across the country. Key properties will span luxury, premium and extended-stay sectors. The first location is scheduled to launch in Riyadh, with construction and design planning already underway to support national tourism growth.
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