The Green Building Initiative has launched Ascent Building Certification for the UK and EU markets. This science-based system evaluates sustainability and resilience across global commercial property portfolios. Building on the success of Green Globes, it provides a transparent framework. The certification helps investors achieve measurable ESG performance while adapting to local regulations and environmental standards across all building lifecycle phases.
Public Storage and Welltower have launched a data science partnership to transform real estate through artificial intelligence. Public Storage will license Welltower’s capital allocation models to speed up property acquisitions and improve returns. In exchange, Welltower will integrate Public Storage’s operational analytics into its business system. Both firms aim to use vast proprietary data to move away from traditional investment methods toward a model driven by high-performance computing.
World Liberty Financial has unveiled a new partnership to tokenise the Trump International Hotel & Resort in the Maldives. Working with Securitize and DarGlobal, the firm aims to offer investors digital exposure to the ultra-luxury development. The project marks the start of a broader strategy to bring high-profile real-world assets onto the blockchain.
CoStar Group has launched a voice-enabled AI experience on Homes.com to modernize property searching. By using Microsoft technology and 3D digital twins, the platform allows for real-time conversations to help buyers refine their choices. The system prioritizes data privacy and maintains the role of real estate agents by sending leads directly to them. This move marks a significant shift from traditional keyword searches to a more personalized, human-like digital consultation for home buyers.
JLL has named Mouhammad Takieddin as the new Regional Head and CEO for the Middle East and Africa. Based in Riyadh, Takieddin brings 25 years of experience from Procter & Gamble to lead JLL’s expansion into high-growth sectors including data centres and AI-driven facilities management. This strategic move strengthens the firm's leadership alongside existing regional heads while deepening its established ties with Saudi Arabia's Public Investment Fund.
Real estate giant REMAX has announced a major expansion of its global network with the sale of master franchise rights in Libya and a new office opening in Azerbaijan. The Tripoli-based Libyan operation is led by experienced owners Zyead and Alhareth Ghattour. In Baku, entrepreneur İdris Cengiz has launched a 2,000 square foot facility to serve a growing market. These moves increase the brand's presence to more than 120 countries and territories.
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