JINGDONG Property has increased its UK logistics holdings with the acquisition of a prime site near Leicester. Located in the "Golden Triangle," the deal includes two large warehouses and a development site capable of hosting 678,000 sq ft of new industrial space. This acquisition boosts the firm's total UK footprint to nearly 3.93 million sq ft as it looks to support regional supply chains and economic growth through high-spec, environmentally friendly infrastructure.
Dominus and Cheyne Capital have acquired the Grade II-listed Ibex House in the City of London for conversion into a 382-room hotel. The Art Deco landmark, built in the 1930s, will undergo a sustainable transformation designed by Studio Moren. The project aims to preserve the majority of the original structure while targeting top-tier environmental certifications. Alongside luxury guest rooms, the scheme includes the reopening of a historic pub and the launch of a new hospitality training academy.
Abu Dhabi National Oil Company (ADNOC) has signed a major structured financing agreement worth up to $11 billion for the Hail and Ghasha gas development. Partnering with Eni and PTTEP, the transaction focuses on monetising future midstream production from the offshore site. The project is notable for being a world-first offshore gas development aiming for net-zero operations.
Measurabl has announced a major leadership transition with the appointment of Maureen Waters as Chief Executive Officer. Waters, who previously served as President, takes over from Co-founder Matt Ellis as the company seeks to accelerate its growth within the real estate data sector. During her time as Chief Growth Officer, Waters oversaw significant operational improvements and the launch of a free sustainability solution used across 47 countries.
Hilton is set to expand its luxury footprint in the Caribbean with the 2028 opening of AMARIS Grace Bay in Turks and Caicos. The project will operate under the LXR Hotels & Resorts brand and feature 170 guest rooms alongside high-end branded residences. This development is part of a broader push by Hilton to double its luxury presence in the region through its top-tier brands.
A multi-million dollar funding package has been approved for three transformative housing developments in Northern California. MidPen Housing and its partners will deliver 362 affordable units in San José, Alameda, and Watsonville. Each project is tied to major transit upgrades, including new bike lanes and electric ferry charging. This investment aims to reduce carbon emissions while providing homes near essential transport hubs.