IRHM, Your Global Window into Real Estate and Hospitality

October 2, 2026

Partnership

Daewoo E&C has formed a strategic partnership with global engineering firm ARUP to bid for the Mok-dong Complex 8 Reconstruction Project in Seoul. The collaboration aims to maximise structural safety and design standards for the planned 49-story, 180-meter residential development. ARUP brings extensive high-rise expertise from iconic international schemes including Shanghai Tower and Marina Bay Sands.
Tether has announced a partnership with First Data and BKN301 to deploy its Hadron asset-tokenisation platform in Saudi Arabia. The collaboration will focus on converting institutional-grade real estate into digital tokens. First Data will act as the commercial lead and primary market operator, while BKN301 provides operational and banking integration support. The project supports Saudi Arabia's Vision 2030 objectives by increasing liquidity and broadening property investment access.
ADNOC has partnered with SLB to deploy an artificial intelligence platform across more than 120 drilling rigs. The Real-Time Operations Center integrates live data from onshore and offshore assets into a centralised environment. Designed to streamline upstream monitoring, the digital system enables engineers to manage up to three times more rigs, reduces incident response times by several hours and helps prevent costly operational downtime.
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has won an ultra-mega contract from ADNOC Offshore for a major Middle East project. Acting as lead partner in a consortium, LTEH Offshore will manage the engineering, procurement, construction, installation and commissioning (EPCIC) of new offshore facilities alongside existing site upgrades. Fabrication work will take place across L&T yards, reinforcing its long-standing presence in the region's energy sector.
AEW Capital Management has secured land in Charlotte, North Carolina, for ANOVA The Pearl, a 20-story luxury residential tower. Developed alongside GMH Communities and Wexford Science & Technology, the mixed-use scheme features 382 residential units and ground-floor retail within the city's growing innovation precinct. Scheduled for completion in Summer 2028, the project includes affordable housing and high-end resident amenities.
Hilton has partnered with hospitality company Grey Spaces, co-founded by Chef Mashama Bailey and Johno Morisano, for the Signia Hilton Savannah. Set to open in 2028, the 444-room hotel will feature dining concepts developed by the duo across multiple venues. Located on the riverfront, the hotel will serve as the primary headquarters for the Savannah Convention Center.

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