Maersk has officially opened its largest contract logistics facility in Asia Pacific, the Maersk Mega Distribution Centre (DC), which substantially increases its warehouse capacity in Malaysia. The facility spans nearly 180,000 square metres and offers 100,000 pallet positions for multi-client use, handling commodities like consumer goods and apparel. The site features state-of-the-art automation systems, including Autonomous Mobile Robots and an Automated Storage and Retrieval System, to ensure fast, accurate order fulfilment. The development aligns with Malaysia’s Logistics and Trade Facilitation Masterplan, aiming to establish the nation as the ‘Logistics Gateway to Asia’.
HFA Architecture + Engineering has acquired Boston-based life sciences specialist TRIA, marking its formal entry into the Science + Technology sector. The move brings TRIA’s laboratory and biomanufacturing design expertise into HFA’s national architecture and engineering platform, strengthening its ability to serve biotech, pharmaceutical and research clients across the US while expanding its geographic footprint.
Al Marwan Developments has launched District 11, the UAE’s first AI-designed smart work resort, spanning 3.5 million sq ft across 11 buildings in Sharjah. The development features premium offices, a 368-unit hotel, and 3,000 parking spaces, combining advanced infrastructure, sustainability, and human-centric design. District 11 aims to enhance Sharjah’s investment appeal and support economic diversification.
The Lab Ventures has closed its €29.1 million Fund II to accelerate investment in early-stage B2B startups across Spain and MENA markets. Focused on sectors including PropTech, HealthTech, and professional services digitisation, the operational VC combines capital with hands-on support in product, engineering, business development, and talent acquisition to help founders scale efficiently.
PRYPCO has launched PRYPCO One, Dubai’s first super app for real estate agents. With over 9,000 users, the platform integrates property listings, mortgage pre-qualification, mini-websites, and a gamified rewards system, offering agents smarter tools and faster transactions across the UAE.
Property Finder has secured $250 million in debt financing from Ares Credit Funds to accelerate its growth across the MENA region. The funding will support AI-driven solutions, product innovation, and strategic partnerships while reinforcing the company’s position as the region’s largest property platform.