IRHM, Your Global Window into Real Estate and Hospitality

August 17, 2026

Residential

Aldar Properties has recorded AED 1.5 billion in sales during the initial release of The Canopies, a six-building residential community situated at Yas Point on Yas Island. The launch attracted strong international interest, with first-time buyers accounting for 84% of total sales across the development.
Sun Group has officially launched a 40 trillion VND development in Phu Quoc, creating nearly 50,000 social and rental housing units built to Singapore standards. Located in the An Thoi urban area, the 55-hectare complex supports Vietnam's national housing goals and infrastructure expansion ahead of the APEC 2027 summit.
Sotheby's International Realty has expanded into Vietnam with the opening of Vietnam Sotheby's International Realty. Based in Ho Chi Minh City, the new launch represents the company's 18th location in Asia. The business will represent high-end housing schemes and individual properties across the country, aiming to connect Vietnamese buyers with international properties while presenting domestic luxury developments to global investors.
Northern LGPS and LPPI are launching Four Corners, an in-house property management platform overseeing 5,478 rental homes across England, Scotland and Wales. Following their December 2025 acquisition of PRS Holdco's housing portfolio, the joint venture plans to deploy £1 billion over the next decade to build more than 15,000 new homes, leveraging pension funds to address the UK’s chronic rental supply shortage.
AtkinsRéalis subsidiary Edaroth has finished 12 affordable homes across four sites in Epsom, Surrey, for Raven Housing Trust. Built using offsite modern methods of construction, the development aims to provide a repeatable model for social housing providers across the UK. The scheme exceeds current government targets for offsite manufacturing while meeting future environmental efficiency standards.
The global investment firm H.I.G. Capital has launched Highground Living, a €1 billion German residential property platform based in Berlin. The business consolidates the firm's current regional assets alongside a new €450 million acquisition in Leipzig and Dresden. The platform targets long term sector growth driven by widespread structural housing shortages and resilient tenant demand.

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