CapitaLand Integrated Commercial Trust has achieved higher green building ratings for two of its Singapore properties. The Atrium@Orchard is the first operational office-retail asset in Singapore to earn the BCA Green Mark Platinum (Super Low Energy) certification, while Raffles City Singapore has upgraded to Green Mark Platinum. The milestones reflect CICT’s push to enhance energy efficiency, reduce emissions and advance sustainable asset management.
New7Wonders has launched its global “7 Wonders of Future Cities” campaign on World Cities Day 2025, inviting urban developments worldwide to compete for recognition as leading models of innovation and sustainability. Cities and districts have twelve months to apply before global public voting begins in October 2026. Winners will be named on 31 October 2027 in the next major New7Wonders initiative.
Lifestyle Communities has appointed Michael Jordan as Chief Investment Officer as the firm advances its expansion across major US markets. Announced in Columbus, Ohio, Jordan will lead investment strategy, financing and capital partnerships alongside Founder and CEO Michael DeAscentis Jr. With more than $5 billion in career transactions, he joins from GIC Real Estate as LC targets growth in cities including Nashville, Charleston and Austin.
Lovett Industrial, a Houston-based real estate investment firm, has officially broken ground on Hermitage Logistics Hub, a 213,840-square-foot Class A industrial facility on 52.64 acres in Hermitage, TN. This marks the company’s second industrial development in the Nashville market, reinforcing its commitment to meet growing demand for premium logistics space in the region.
The New York City Economic Development Corporation (NYCEDC) has appointed RYBAK Development to lead the next phase of housing development at Coney Island West. The project, named Tilyou Towers in honour of Steeplechase Park founder George C. Tilyou, will transform “Parcel A,” an 80,000-square-foot city-owned lot, into more than 500 mixed-income residences, including 25 percent affordable units, alongside retail space and modernised public parking facilities.
Dubai developer Nakheel, part of Dubai Holding Real Estate, has released an exclusive range of luxury waterfront villas at Palm Jebel Ali, signalling further progress in the development of one of the emirate’s most ambitious island communities. The launch features 11 architecturally distinct villa styles within The Beach and The Coral Collections, designed in partnership with international architectural studios and offering direct beachfront access along with expansive Arabian Gulf views.
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