IRHM, Your Global Window into Real Estate and Hospitality

April 11, 2026

PPP

A significant $1 billion agreement has been reached to develop the first major residential and commercial precinct in Bradfield City, Australia. The partnership between the NSW Government and Plenary will see the construction of 1,400 homes alongside a new university campus and a luxury hotel. This project represents a foundational move in creating the first new Australian city in 100 years. Stage 1 is set to focus on essential services and public spaces over the next five years.
The Illinois Economic Development Corporation and Ameren Illinois have launched a new pilot scheme called the Ameren Site Acceleration Program. This initiative aims to speed up the preparation of development-ready land across central and southern Illinois. By focusing on three specific sites in Champaign, Decatur, and Ottawa, the partners hope to attract major corporate investments and industrial expansions.
Mawani, the Saudi Ports Authority, has finalised a SAR 29 million contract with Q Saudi for the development and operation of an integrated logistics centre at Yanbu Commercial Port. The new facility, covering 120,490 square metres, is a key component of the National Transport and Logistics Strategy, designed to elevate Saudi Arabia's global logistics standing. The project is expected to deliver significant economic returns, including attracting crucial investments from international logistics firms and creating new employment opportunities. Additionally, it will boost cargo handling volumes and enhance the overall operational efficiency of the Yanbu Commercial Port, a long-established gateway on the Red Sea.

The Anambra State Government is moving ahead with its ambitious low-cost housing initiative after resolving last-minute bureaucratic and contractual issues. The scheme aims to construct 10,000 affordable homes for civil servants and low-income households in the Isiagu area of Awka South Local Government. The project, which has been approved by Governor Chukwuma Charles Soludo, will be executed via a Public–Private Partnership (PPP) arrangement with real estate developers.

The National Housing Company (NHC), Hassan Allam Holding and Tilal Real Estate alliance have sealed a strategic agreement at Cityscape Saudi Arabia 2025. This collaboration will launch their first mixed-use project in Riyadh's Khozam District, spanning over 228,000 m². The development represents an investment exceeding SAR 3.3 billion and directly supports Saudi Arabia’s Vision 2030 Housing Program.

Efforts to deliver 100,000 mixed housing units across the South-East region of Nigeria have commenced following a major agreement in Enugu. The $10 billion (N15 trillion) Public-Private Partnership (PPP) is between the Igboebinie Plc consortium and Hand of God Construction Company Limited. The project will feature smart city designs and will create an estimated three million jobs. The development aims to tackle Nigeria’s significant housing deficit and redefine urban infrastructure, positioning the region as a hub for investment and sustainable living.

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