New Clark City in Tarlac is transforming into a major industrial centre for artificial intelligence. Following the Philippines' entry into the US-led Pax Silica Declaration, a 4,000-acre site has been dedicated to high-tech innovation. The project aims to integrate the nation into global semiconductor and AI supply chains. This "Golden Node" will attract international investment while creating high-quality jobs for the local workforce.
RESAAS Services Inc. has launched a new integration with Databricks to help real estate firms harness the power of AI. The partnership allows enterprise clients to stream live referral and transaction data directly into the Databricks Lakehouse Platform. By combining market data with internal datasets, companies can now generate more accurate forecasts and automate complex workflows across both residential and commercial sectors.
Talaat Moustafa Group has unveiled "The Spine," a landmark cognitive city project in Egypt. Launched alongside Prime Minister Dr Mostafa Madbouly, the EGP 1.4 trillion development integrates artificial intelligence with urban living. The project aims to contribute 1 per cent to Egypt’s GDP and create 155,000 jobs. It features a Special Investment Zone designed to attract global corporations through digital infrastructure and simplified regulations.
Houston-based technology firm QSource Group Inc. has acquired AOE, a specialist platform in commercial property lease billing. Alongside the deal, the firm has introduced QTREN, a new digital system designed to centralise property management tasks. A pilot for the software will begin this July, focusing on commercial offices, with a wider roll-out across various property sectors planned for later in the year.
Facilio Inc. has been appointed by Charter Hall to digitise and centralise operations across its Australian office portfolio. Following a successful tender, the proptech firm will implement its Connected CMMS platform across more than 100 assets. The partnership aims to automate workflows, improve compliance and enhance vendor management. This shift replaces manual reporting with real-time data to drive efficiency across the national commercial real estate network.
South Korean smart home specialist Hyundai HT has entered a series of strategic agreements to expand its presence in Vietnam. The company signed a cooperation deal with STARX Technology and tripartite memorandums of understanding with major developers Geleximco Group and Flamingo Holdings. These partnerships focus on integrating AIoT-based smart home and building technologies into large-scale residential, commercial and resort projects across the region.
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