IRHM, Your Global Window into Real Estate and Hospitality

September 16, 2026

Real Estate

Sunrise Berhad has announced two key leadership appointments as part of its ongoing strategy to strengthen governance and drive future growth. The property developer named Shaharul Farez Hassan as its new Managing Director and Chief Executive Officer, and Grace Yap Mei Wan as an Independent Non-Executive Director to its Board of Directors.
REItrades has launched its beta phase featuring over $120 million in institutional commercial real estate listings. The new digital marketplace connects sellers directly to vetted institutional buyers through an AI-powered, automated workflow, marking a shift towards a more efficient and data-driven transaction model.
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.

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