The Ascott Limited has strengthened its European presence with seven new property signings across Vienna and Seville, totalling nearly 1,100 units. The move deepens the group’s partnership with VIE Trust Real Estate Group and expands its footprint in Spain with its first resort project in Seville’s Lagoon City.
Ellington Properties has taken a major step forward in developing Mercer House in Uptown Dubai, signing a AED 1 billion+ construction contract with China Railway 18th Bureau Group. The partnership marks a significant moment for one of Dubai’s leading design-led projects, which is already recognised internationally for its architectural and lifestyle excellence.
RangeWater Real Estate has appointed Wendy Tucker as Managing Director of Property Management, expanding its leadership team as it continues to grow across the Sun Belt and Mountain West. Tucker, a seasoned professional with more than 25 years in the multifamily housing industry, will oversee operations across Coastal Georgia, the Carolinas, and the Mid-Atlantic regions.
The Securities and Futures Commission has launched a new REIT Channel and streamlined authorisation process to accelerate the approval of real estate investment trusts in Hong Kong. The initiative aims to enhance efficiency, improve transparency, and promote the city’s growth as a leading REIT and investment hub.
Nobu Hospitality has announced two new international developments in partnership with Sea Breeze Resort, Nobu Hotel, Restaurant, and Residences Baku and Nobu Hotel, Restaurant, and Residences Montenegro. The projects, located on the Caspian and Adriatic coasts, will feature luxury hotels, private residences, and Nobu’s world-renowned dining experiences.
Saudi Minister of Municipalities and Housing Majed Al-Hogail will begin a tour of China and South Korea to boost cooperation in real estate, urban technology, and smart cities. The trip will include signing agreements for 100,000 new homes by 2030 and furthering partnerships with leading Asian firms, in support of Saudi Vision 2030’s urban development goals.
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