PropTech firm Visitt has secured $22 million in Series B funding to accelerate its AI-driven property operations platform. Led by Susquehanna Growth Equity, the investment follows a massive period of growth in which the company saw its managed square footage increase by over 900 per cent in 2025. The new capital will be used to develop further AI agents and scale its customer support teams to meet rising demand across the industrial, office and retail sectors.
Blackstone Energy Transition Partners has agreed to acquire the American electrical manufacturer Arlington Industries. The deal, announced in late January, sees the global investment giant take control of a company with a 75-year history of producing fittings and enclosures. Arlington's products are central to the infrastructure of data centres and industrial facilities across the United States.
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.
Saudi Arabia has officially opened the Hexagon Data Center in Riyadh, which is now the largest government-owned facility of its kind in the world. Classified as Tier IV, the center is a major part of the Saudi Data and AI Authority’s (SDAIA) plan to support Saudi Vision 2030. The facility spans 30 million square feet and possesses a power capacity of 480 MW. It aims to secure technical sovereignty over national data while helping to move the economy away from a reliance on oil.
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.
La Rosa Holdings Corp. has confirmed the appointment of Nicholas Adler as its new Chairman of the Board. Mr Adler joins the Nasdaq listed firm effective from 29 December 2025 and will also lead the Compensation Committee. The company is currently focusing on expanding its footprint in real estate backed technology infrastructure. This leadership change is intended to support the firm's long term growth and data centre development goals.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
