Aston Martin is bringing its signature British luxury to South American shores with the announcement of a landmark residential tower in João Pessoa, Brazil. Partnering with Setai Grupo GP, the 45-storey development marks the brand’s first foray into the region's real estate market.
CapitaLand Ascott Trust has acquired three rental housing properties in Greater Tokyo for JPY4.6 billion. Located in Southern Kanagawa, the freehold assets boast occupancy rates above 95 per cent and offer stable, long-term returns. This move increases the trust’s living sector portfolio to 17.5 per cent of its total value. The acquisition aligns with a broader strategy to expand presence in key Japanese markets through resilient, income-generating assets.
BNW Developments has partnered with Radisson Hotel Group to launch the first Radisson Blu Hotel and Residences in the new RAK Central district. The project features a 361-room hotel and 222 branded apartments, merging luxury living with a major commercial hub. This collaboration aims to establish a new benchmark for hospitality in Ras Al Khaimah as the emirate expands its urban and economic core.
Lone Wolf Technologies has named Matt Fischer as its new CEO to lead a fresh push into AI-driven real estate software. Fischer, a former Bullhorn executive, replaces Jimmy Kelly, who served as chief executive for seven years. The transition comes as the firm focuses on unifying its platform for over one million agents across North America. The company aims to simplify complex property transactions through better technology and integrated solutions.
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.
Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.
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