PRYPCO has launched PRYPCO One, Dubai’s first super app for real estate agents. With over 9,000 users, the platform integrates property listings, mortgage pre-qualification, mini-websites, and a gamified rewards system, offering agents smarter tools and faster transactions across the UAE.
IHG Hotels & Resorts has announced the launch of Crowne Plaza Parramatta, a 217-room hotel set within a landmark mixed-use development opposite Parramatta Train Station. Opening in 2029, the hotel will include a rooftop infinity pool, flexible event spaces, and direct links to the city’s retail and transport hubs, marking a major milestone in Parramatta’s transformation into Sydney’s second CBD.
Harleyford Capital and Fiera Real Estate have secured a £25.5 million debt facility from QuadReal Property Group to fund Watford Works, a 180,000 sq ft Grade A logistics scheme in London. The project, targeting BREEAM Outstanding and EPC A+ ratings, is due for completion in Q4 2026.
Sumou Real Estate Company has signed a SAR135 million ($36.01 million) contract with Diyar Real Estate Development Company, managed by Sedco Capital, to deliver infrastructure works for a 960,000-sq-m project in Jeddah’s North Obhur district. The two-year project is expected to positively impact Sumou’s financial performance.
Plymouth Industrial REIT has agreed to a $2.1 billion acquisition by Makarora Management LP and Ares Alternative Credit funds in an all-cash transaction valued at $22 per share. The deal, approved unanimously by Plymouth’s Board, offers shareholders a 50% premium and is expected to close in early 2026, subject to regulatory and shareholder approval.
MERED has announced a collaboration with Pritzker Prize-winning architects Herzog & de Meuron for the Riviera Residences, a landmark development on Abu Dhabi’s Al Reem Island. Featuring over 400 apartments and 12 bespoke villas, the project draws on the city’s pearl-diving heritage and will debut in November 2025.
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