Hyatt Hotels Corporation has launched its Unscripted by Hyatt brand on a global scale through a landmark agreement with Indochina Kajima. Six existing Wink hotels across Vietnam have joined the new portfolio, more than doubling Hyatt's footprint in the country from four to ten properties. These locations include major cities and emerging hubs such as Saigon, Danang, and Can Tho.
A major redevelopment of 75 London Wall is set to begin in the City of London following the appointment of Multiplex as the main contractor. The £250 million contract was awarded by joint venture partners Gamuda Berhad and Castleforge this month. The project will transform the existing site into a £1.2 billion office scheme covering over 450,000sq ft.
Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Region, has launched municipal and development projects in Al-Ahsa worth SAR992 million. The initiative includes a new hackathon for housing solutions and a campaign to improve the urban landscape. Key agreements were signed, including investment contracts worth SAR50 million and nine community partnerships. The plans also feature three new parks, aligning with the Quality of Life Program under Saudi Vision 2030.
Deyaar Development PJSC has officially started construction on DWTN Residences, a significant new high-rise project in Dubai. The developer held a groundbreaking ceremony to mark the start of the flagship tower. The building will provide 522 residential units including apartments, duplexes and penthouses. A unique Royal Palace will sit at the top of the structure. The project focuses on creating a vertical community with extensive amenities.
Al-Futtaim Real Estate has launched Al Badia Villas, a new residential leasing project in Dubai Festival City. The development consists of 107 smart homes ranging from three to five bedrooms. These properties are situated within three hectares of parkland and are designed to combine modern technology with sustainable living. Residents will benefit from solar power systems and integrated smart home features compatible with major platforms.
Europi Property Group and Incus Capital have formed a strategic joint venture to expand the Portuguese logistics firm Ecologis across the Iberian Peninsula. The partnership aims to build a leading platform by acquiring at least €100 million of additional high-quality assets in Portugal and Spain. Since its launch in 2021, Ecologis has amassed a 160k sqm portfolio of 11 assets which are currently fully occupied.
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