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.
Sobha Realty has launched Sobha SkyParks, its tallest development to date, standing 109 floors high on Sheikh Zayed Road. The 450-metre structure will house 684 luxury residences, each designed to reflect the company’s signature precision and elegance. Featuring themed SkyParks, wellness zones, and panoramic views, the development represents another milestone in Sobha’s vision for Dubai’s luxury living landscape.
Indvestia Capital has launched a $5 million fund providing accredited investors with diversified access to Midwest commercial real estate. Indvestia Fund I targets 8% annual cash returns and 18% IRR through investments in value-add retail, medical office, and high-yield debt assets.
DFI has launched its £500m Techbox platform in the UK with a £90m off-market acquisition of Catalyst Bicester in Oxfordshire from Albion Land. The deal, supported by HSBC UK, marks the first step in DFI’s strategy to build a portfolio of high-quality industrial and technology assets across the UK and Europe.
Bungalow Projects and Bain Capital Real Estate have secured $304 million in construction financing for Echelon Studios, two next-generation film and television production campuses in Brooklyn. The developments will deliver 600,000 sq ft of soundstages, office, and support space, backed by New York’s largest-ever C-PACE financing package.
First Abu Dhabi Bank (FAB) has partnered with the Abu Dhabi Real Estate Centre (ADREC) to deliver a fully digital mortgage service that simplifies home loans and supports the UAE’s sustainability goals. The partnership will allow customers to access verified property data and mortgage validation in real time, significantly improving the speed and convenience of the homeownership process.
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