International developer UNICO has entered a strategic alliance with DECA to oversee the sales and marketing of its upcoming design-led residential projects in Dubai. The agreement, signed in the presence of tennis legend Leander Paes, combines UNICO’s global urban vision with DECA’s extensive regional market reach. This partnership is expected to influence the city's growing residential landscape by introducing new community-focused developments.
Saudi Arabia Railways (SAR) and Dedicated Housing Company (DHC) have announced a new partnership to develop a hospitality-inspired residential community in Riyadh's Al Malaz district. The development will consist of over 450 serviced residential units and 1,600 beds across two plots totalling 13,000 square metres. The project is an example of Transit-Oriented Development (TOD), aimed at linking high-quality living with key transportation infrastructure to create more connected and sustainable urban areas.
Karma Urban Development has officially launched its first project in New Cairo, KAVI, a mixed-use development comprising commercial, administrative, and medical spaces. The company marked its entry into the Egyptian market by signing three cooperation protocols with leading engineering consultancy firms for the project’s execution and management.
American Hotel Income Properties REIT LP (AHIP) has announced a significant change in its top leadership. The company confirmed the appointment of co-founder John O’Neill as its new Chief Executive Officer, effective immediately, on December 11, 2025. The decision follows the resignation of Jonathan Korol, who stepped down to pursue other opportunities.
One United Properties (BVB: ONE) has signed a preliminary sale agreement for a 34,800 sqm plot of land in Constanţa, accelerating its strategic expansion outside Bucharest into Romania’s key regional cities. The land, located on the Black Sea coast in the Faleză Nord-Pescărie area, will be the site of a new mixed-use development with an estimated gross development value of approximately EUR 500 million.
Archer Aviation (NYSE: ACHR) has completed the first phase of its acquisition of control over Hawthorne Airport, a key Los Angeles aviation asset. This initial step involves the acquisition of the master lease and associated subleases, giving the company control of the airport's real estate. Archer plans to use the 80-acre site as the operational hub for its planned L.A. air taxi network, including operations for the LA28 Olympic & Paralympic Games.
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