IRHM, Your Global Window into Real Estate and Hospitality

May 12, 2026

Residential

Global-Estate Resorts, Inc. (GERI), a subsidiary of Megaworld, is set to turn over P11 billion worth of projects this year. The deliveries include residential units and commercial lots across several provinces in the Philippines, including Cavite, Laguna, Batangas, Rizal and Aklan. This move follows sustained demand for integrated tourism and leisure townships located outside Metro Manila as buyers seek a blend of nature and modern convenience.
North Bucharest Investments has launched a new digital ecosystem comprising the NorthBucharest.ro website and a dedicated mobile application. The platform features more than 1,400 properties across 100 residential developments. By integrating artificial intelligence and a swipe-based interface, the firm aims to modernise the property search process in the Romanian capital. The tools focus heavily on move-in-ready homes in prime locations such as Pipera and Herăstrău.
K Developments has launched Palencia Plaza in Al Shorouk City with an EGP 1.5 billion investment. The mixed-use project offers commercial, medical, and administrative units in a prime location opposite Carrefour. Designed by YBA, the development features modern facilities and flexible payment plans to meet growing demand in Egypt’s new cities.
ICG Real Estate has issued a £152 million loan to Arada London for a new residential scheme in Swiss Cottage. The project at 100 Avenue Road features a 25-storey tower with 172 private units and a second block providing 79 social rented homes. Construction is underway on the 0.93-acre site. The development includes luxury amenities and retail units with a scheduled completion date of autumn 2028.
M&G Real Estate has expanded its Japanese portfolio with a JPY 19.4 billion investment in six residential buildings across Tokyo. The deal, worth approximately USD 126 million, targets the city's high demand for rental housing. These assets will join the M&G Asia Property and Asia Living Property strategies, capitalising on Tokyo’s limited housing supply and steady population growth to provide reliable long term returns for global investors.
Property developer Arada has introduced Jenna, an upscale residential development within the Aljada megaproject in Sharjah. The six-building complex features 631 premium apartments ranging from one to three bedrooms. Residents will have access to smart home technology and high-end amenities. This launch follows a significant 40.7% rise in Sharjah’s real estate trading value during the first quarter of 2026, reflecting strong market demand.

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