Lotte Group and Phat Dat Real Estate Development have signed a cooperation agreement to build the 60,000 billion VND Lotte Eco Smart City Thu Thiem in Ho Chi Minh City. The 7.54-hectare multi-functional complex will feature residential zones, retail space and Grade A offices.
Dubai based developer Majid Al Futtaim has signed a deal with master developer MIDAR to build a $3.1 billion mixed-use community in New Cairo. Spanning 553 feddans within Mada City, the phased project marks the firm's first foray into Egypt's residential property sector. The plan includes 6,000 homes alongside commercial districts, leisure spaces and a shopping hub.
Developer Sun Property has officially launched S-Light Tower, a new twin-tower apartment complex in South Da Nang. Located within the Sun NeO City urban area, the 22-storey waterfront development will deliver nearly 800 residential units. The project features a distinctive crane-inspired design and aims to capitalised on major regional transport upgrades and expanding local tourism demand.
KAFD DMC has signed a memorandum of understanding with Osool Integrated Real Estate Company to evaluate new property investments in Riyadh. The non-binding deal aims to address the rising demand for prime commercial and residential space within the financial district. The collaboration follows a recent SAR 12 billion financing facility raised by the district operator.
Bed Bath & Beyond has signed an agreement to purchase Fathom Holdings to accelerate its end-to-end homeownership platform. The acquisition combines real estate brokerage, mortgage and insurance services with the retailer’s commerce operations. The deal is expected to close in the second half of 2026.
The Public Investment Fund of Saudi Arabia has signed a non-binding agreement with Talaat Moustafa Group Saudi for Real Estate Development. The partnership intends to explore mixed-use property opportunities across the asset portfolio of the wealth fund. This initiative directly supports the newly launched urban development and livability ecosystem within the strategic 2026-2030 roadmap of the sovereign fund.
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