IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Singapore

Banyan Group is celebrating its 100th resort milestone with the grand opening of Mandai Rainforest Resort by Banyan Tree and the launch of its first Rainforest Festival in Singapore. Running from 27 November to 3 December 2025, the festival will raise funds for the President’s Challenge, featuring a week of sustainable experiences, music, and community-led activities.
Naumi Hotels has opened its first Middle East property with a 237-room hotel in Dubai’s Barsha Heights. The Singapore-based boutique group, which operates eight properties globally, says the move marks the start of a wider regional expansion.
A consortium of Evia, Gamuda and Ho Lee has topped the tender for Yishun’s Chencharu Close site with a $1.01 billion bid, paving the way for a landmark mixed-use development.
Samty Holdings has sold two portfolios of newly built multi-family properties worth ¥49 billion to sovereign wealth funds, with the developer retaining asset management responsibilities following its privatisation by Hillhouse.
JD Property, the real estate arm of JD.com, is partnering with Partners Group and Hillhouse-backed EZA Hill Property to launch a Singapore REIT valued at over US$1 billion, in what could be one of the city’s largest new listings in more than a year. JD.com’s property arm joins forces with Partners Group and Hillhouse’s EZA Hill Property to establish a Singapore REIT valued at over US$1B, a major step for Chinese capital in Southeast Asia’s logistics and industrial market.
Cushman & Wakefield has secured a five-year agreement with Woodside Energy to provide real estate services across 14 countries, strengthening their global partnership and marking the firm’s first Global Occupier Services client based in Perth.

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