TARAF, the real estate arm of Yas Holding, has signed a Memorandum of Understanding with sovereign investor Mubadala to explore developing a major mixed-use waterfront destination on Abu Dhabi's Al Reem Island. The proposed project covers 10 plots spanning 655,000 square feet of land and roughly 5.4 million square feet of gross floor area, integrating residential, commercial, retail and dining spaces.
Abu Dhabi developer Aldar and Sharjah-based Arada have entered into a landmark strategic partnership worth approximately AED 15 billion. Marking Arada's entry into the Abu Dhabi property market, the agreement involves co-developing a 1.5 million square metre mixed-use masterplan at Seih Sdeirah and acquiring three residential plots on Yas Island to deliver premium lifestyle communities.
Britania Public Company Limited, the low-rise housing arm of Origin Property Public Company Limited, has launched eight residential developments in Thailand's Eastern Economic Corridor valued at over 8.8 billion baht. Situated across eastern Bangkok, Chachoengsao, Chonburi and Rayong, the projects offer detached homes, semi-detached properties and townhomes. The expansion targets rising housing demand driven by industrial investment and growing workforce numbers.
RUA Al-Haram Al-Makki Company has signed a collaboration deal with Malaysia’s MRCB International to explore a SAR 21 billion transit-oriented development within Makkah's King Salman Gate scheme. The proposal features a public bus terminal integrated with residential, commercial and retail elements. Designed to improve transport links for global pilgrims, the initiative supports Saudi Vision 2030 goals while maintaining local heritage.
Arada has submitted initial planning applications for its AED12 billion Thameside West regeneration project to the London Borough of Newham. The first stage will deliver nearly 1,500 homes, including two buildings providing 100% social rent. Spanning 47 acres in the Royal Docks, the landscape-led masterplan incorporates a seven-acre public park, a one-kilometre waterfront walk and plans for a new DLR station.
African Collaborations Group has named Paulo J. Cruz as its Founding Chief Executive Officer. Joining from DAMAC Group, Cruz brings 28 years of industry experience across infrastructure and real estate. He will oversee the expansion of a pan-African platform focused on developing bankable sports and entertainment district ecosystems, including the firm's flagship Victory District model designed to generate long-term economic growth across the continent.
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