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.
Chicago based firms Riverside Investment & Development and Singerman Real Estate have acquired the former Two Wells Fargo Center for $36.5 million. The developers plan to turn the 800,000 square foot office complex into a high-end mixed-use site featuring flats, a hotel and shops. Work on the Charlotte project is scheduled to begin in 2027 following the successful delivery of the firm’s first local luxury tower.
RESAAS Services Inc. has launched a new integration with Databricks to help real estate firms harness the power of AI. The partnership allows enterprise clients to stream live referral and transaction data directly into the Databricks Lakehouse Platform. By combining market data with internal datasets, companies can now generate more accurate forecasts and automate complex workflows across both residential and commercial sectors.
Talaat Moustafa Group has unveiled "The Spine," a landmark cognitive city project in Egypt. Launched alongside Prime Minister Dr Mostafa Madbouly, the EGP 1.4 trillion development integrates artificial intelligence with urban living. The project aims to contribute 1 per cent to Egypt’s GDP and create 155,000 jobs. It features a Special Investment Zone designed to attract global corporations through digital infrastructure and simplified regulations.
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