2Life Communities has announced a formal leadership transition as Lizbeth Heyer prepares to take over as CEO this October. Heyer, the current President, was unanimously approved by the board to succeed Amy Schectman following a decade of service to the organisation. The change concludes a 15-year era of expansion that saw the provider's portfolio double in size.
Ohana Development and Manchester City F.C. have signed a landmark agreement to launch a multi-billion-dirham residential project in Abu Dhabi. Spanning 1.67 million square metres, ‘Manchester City Yas Residences by Ohana’ will be the first branded residential destination for the football club. Located on the Yas Canal waterfront, the development blends the club’s global identity with luxury architectural design.
Al Saedan Real Estate has entered a major strategic partnership with Serpentine Lake Capital and SGI Real Estate to launch SL Property, an investment platform valued at SAR 1.5 billion. The initiative aims to develop a range of projects across Saudi Arabia, including residential communities, commercial hubs and digital infrastructure. By combining local development heritage with international asset management, the partners seek to deliver high-quality assets that support the Kingdom's economic diversification goals under Vision 2030.
Hankyu Hanshin Properties Corp has launched its first residential project in the United States through a joint venture with Bridge Tower Homes. The partnership will focus on the Texas market, beginning with the Saddlebrook development in Corinth. This project includes 97 detached homes priced from $385,000, with construction beginning in March 2026. The move signals a major global expansion for the Osaka-based company into the Dallas-Fort Worth metropolitan area.
Hilton and Extell Development Company have officially signed an agreement to debut the Waldorf Astoria Deer Valley Resort and Residences in 2028. Located in the newly developed East Village in Park City, Utah, the project offers premier ski-in, ski-out access next to the resort's longest ski run. The development features 132 hotel rooms and 105 luxury branded residences designed by Kohn Pedersen Fox and AvroKO. Amenities will include a 15,000 square foot spa, a cantilevered pool and the iconic Peacock Alley lounge.
Lithuanian developer Darnu Group has announced plans to invest EUR 80 million into real estate projects throughout 2026, marking an 84 per cent rise in funding compared to the previous year. The vast majority of this capital is earmarked for residential housing, with a primary focus on the expansion of the popular Sakai district in Vilnius and the launch of the ambitious Launagiai project. Outside of housing, the company is continuing work on major industrial infrastructure, including a state-of-the-art logistics hub.
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