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.
The Ho Chi Minh City People's Committee and Sun Group have launched a 29,317 billion VND infrastructure and cultural project along the Saigon River. The 73.3-hectare Public-Private Partnership scheme will expand Nguyen Tat Thanh Street to ten lanes, construct new bridges and create the Ben Nha Rong - Khanh Hoi Cultural Park, transforming old port warehouses into community spaces.
Arctos Sports has joined forces with RVX Ventures and Magellan Development Group to form a national sports-anchored real estate platform. The venture will focus on building large-scale entertainment districts near major stadiums. Their maiden project is the Neyland Entertainment District in Tennessee. The mixed-use site will feature a 24-story hotel, retail space and luxury residential properties on the waterfront.
European investor Urban Partners has launched a new regeneration fund with strategic partners Copenhagen Infrastructure Partners and Viessmann Generations Group. Backed by anchor investors PensionDanmark and SamPension, the vehicle has secured an initial unlevered investment capacity of up to €650 million. The fund targets brownfield sites across growth cities in the Nordics, Germany and the UK to build mixed-use communities and address critical housing shortages.
Saudi Arabia's Minister of Municipalities and Housing, Majid bin Abdullah Al-Hogail, has secured housing projects worth over 1.9 billion riyals during an official visit to China. The trip featured the signing of six major agreements alongside the launch of the Saudi-Chinese Contractors Forum. These deals form part of a broader bilateral strategy to construct 100,000 homes in the Kingdom by 2030.
Saudi Arabia has launched a major public-private partnership project to upgrade 50 public parks across three regions. The Ministry of Municipalities and Housing and the National Center for Privatization & PPP are inviting local and international investors to manage the 15-year project. The scheme will improve urban infrastructure, add commercial facilities and boost community engagement across Jeddah, Madinah and the Eastern Province.
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