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IRHM, Your Global Window into Real Estate and Hospitality

October 21, 2025

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ACWA Power secures $3.4bn financing for two major gas plants in Saudi Arabia

ACWA Power has secured $3.4 billion in financing to develop two major gas-fired power plants in Saudi Arabia, adding 3.6 GW to the grid as electricity demand grows.

In Focus

Bungalow Projects and Bain Capital secure $304 million construction financing for Brooklyn Film Studios

Blackstone in advanced talks over £1bn Logistics Deal with Tritax Big Box

Arada Awards AED397 million contract for Rove Aljada Complex as Sharjah megaproject expands hospitality portfolio

Shamal Holding and Marriott International to launch first EDITION residences in Middle East

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Latest

Kimpton to open new luxury desert resort in Scottsdale’s Paradise Valley by 2026

Dwight Capital and Dwight Mortgage Trust finalise $410 million in real estate financings for September 2025

Ascott expands European presence with seven new signings in Vienna and Seville

Ellington Properties awards AED 1 billion+ contract to China railway 18th bureau group for Mercer House in uptown Dubai

RangeWater Real Estate appoints Wendy Tucker as Managing Director of Property Management

Garner Hotel Istanbul – Airport Arnavutköy Opens as IHG Brings Garner Brand to Türkiye

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