The Anambra State Government is moving ahead with its ambitious low-cost housing initiative after resolving last-minute bureaucratic and contractual issues. The scheme aims to construct 10,000 affordable homes for civil servants and low-income households in the Isiagu area of Awka South Local Government. The project, which has been approved by Governor Chukwuma Charles Soludo, will be executed via a Public–Private Partnership (PPP) arrangement with real estate developers.
Researchers at the Technical University of Munich (TUM) have launched the GlobalBuildingAtlas, the first high-resolution 3D map of all buildings worldwide. The open dataset includes 2.75 billion building models captured in 2019 satellite imagery, making it the world's most comprehensive collection of its kind. The data is crucial for climate research and supporting the UN Sustainable Development Goals.
DarGlobal and Art District Real Estate Development have announced a major coastal project in Muscat, Oman, named MAD, the Marine, Art & Digital District. This extensive project, valued at OMR 1.6 billion (USD 4.2 billion), will transform over 1.5 million square metres of coastline over a 12-year development period. The MAD district is conceived as a multi-destination city that combines luxury residential communities, high-end hospitality, cultural venues, and advanced financial and digital industry parks.
New Murabba, a Public Investment Fund company, and the U.S. Green Building Council (USGBC) have signed a Memorandum of Understanding in Washington, D.C., establishing a framework to explore collaboration in sustainable urban development. The agreement focuses on applying global sustainability frameworks like LEED across the New Murabba project. New Murabba has also joined the USGBC as a Platinum member, signalling a deep commitment to sustainability leadership in creating a new destination in Riyadh.
Kronos Homes has launched its first mixed-use tourism project in Lisbon, the €150 million MIMA development in the Parque das Nações district. A core component is MIMA Living, offering 180 residential apartments with a new concept of urban housing. The fully furnished apartments, designed by Broadway Malyan, combine contemporary architecture and flexibility. Notably, the model offers professional tourism management, allowing buyers to generate income when not occupying the homes.
Hyatt Hotels Corporation is planning a major expansion across Portugal and Cape Verde with four new hotel openings by 2027. The expansion includes two lifestyle brands in Lisbon: Andaz Lisbon and The Standard, Lisbon. The Hyatt Regency brand will add properties in Vilamoura Algarve, targeting sports tourism, and in Cape Verde, on the island of Sal. These planned openings reflect Hyatt’s strategy to meet increasing demand for high-quality accommodation in key global markets.
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