IRHM, Your Global Window into Real Estate and Hospitality

May 23, 2026

sustainability

CapMan Real Estate has agreed to forward fund two significant residential developments in Stockholm through a partnership with Reliwe. The projects in Barkarby and Flemingsberg will deliver 478 new apartments and 10 commercial units to the region. Both sites are positioned for high connectivity, situated within 25 minutes of Stockholm city centre. The transaction is expected to close in March 2026, with construction beginning shortly.
Egypt has secured partnerships with US, UK and French firms for the $1 billion Mont Galala project in Ain Sokhna. The development features 10 towers and a 150-berth marina. Construction begins in late 2026 with a seven-year completion timeline. The project aims to establish the Red Sea coast as a global hub for yacht tourism and international conferences through sustainable, mixed-use infrastructure and world-class hospitality.
PGIM Real Estate and Northstar Capital have acquired 51 Tuas View Link in Singapore for a major logistics redevelopment. The partnership will replace existing warehouses with a 1.1 million square foot, five-storey facility designed for sustainability. Located near the Tuas Mega Port, the project targets the city's supply-constrained industrial market. This investment follows PGIM’s US$3 billion transaction year in 2025 and focuses on creating long-term value through modern, ramp-up infrastructure.
UN Tourism has launched a new Road Map to prepare for the International Year of Sustainable and Resilient Tourism in 2027. This strategy follows a mandate from the United Nations General Assembly. The plan was recently welcomed by the Committee on Tourism and Sustainability during a summit in Madrid. The organisation aims to use the next three years to position the travel sector as a key driver for global development beyond the 2030 goals.
MERED and EMSTEEL have launched a sustainable construction partnership to pilot high-strength steel solutions in the UAE real estate market. Signed at Abu Dhabi Sustainability Week, the deal focuses on improving building efficiency and reducing material waste. The move follows EMSTEEL receiving the prestigious Diamond Sustainability Label for its environmental leadership.
Instone Real Estate has acquired a 12,500 m² plot in Unterschleißheim to develop a new residential quarter. The project will provide 180 apartments designed to meet high energy efficiency standards including a connection to local geothermal energy. Located in the northern Munich metropolitan area, the development forms part of a multi-generational campus initiative. The move aims to tackle the urgent need for housing in one of Germany's most economically vibrant regions.

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