Instone Real Estate has acquired a 12,500 m² plot in Unterschleißheim to develop a new residential quarter. The project will provide 180 apartments designed to meet high energy efficiency standards including a connection to local geothermal energy. Located in the northern Munich metropolitan area, the development forms part of a multi-generational campus initiative. The move aims to tackle the urgent need for housing in one of Germany's most economically vibrant regions.
Diriyah Company has finalised a major joint development deal with Midad Development and Real Estate Investment Company to create the Four Seasons Hotel and Private Residences Diriyah. The project is valued at $827 million and will be located within the vast "City of Earth" masterplan in Saudi Arabia. This development includes a 159-room luxury hotel and high-end private residences covering over 235,000 square metres.
A major redevelopment of 75 London Wall is set to begin in the City of London following the appointment of Multiplex as the main contractor. The £250 million contract was awarded by joint venture partners Gamuda Berhad and Castleforge this month. The project will transform the existing site into a £1.2 billion office scheme covering over 450,000sq ft.
Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Region, has launched municipal and development projects in Al-Ahsa worth SAR992 million. The initiative includes a new hackathon for housing solutions and a campaign to improve the urban landscape. Key agreements were signed, including investment contracts worth SAR50 million and nine community partnerships. The plans also feature three new parks, aligning with the Quality of Life Program under Saudi Vision 2030.
Deyaar Development PJSC has officially started construction on DWTN Residences, a significant new high-rise project in Dubai. The developer held a groundbreaking ceremony to mark the start of the flagship tower. The building will provide 522 residential units including apartments, duplexes and penthouses. A unique Royal Palace will sit at the top of the structure. The project focuses on creating a vertical community with extensive amenities.
MIDAR for Investment and Urban Development has signed a multi-billion pound agreement to establish the first social sports club in the third phase of Mostakbal City. Occupying 42 feddans, the EGP 3 billion project is being developed in collaboration with Alexandria Sporting Club’s investment arm. The facility will offer world-class sports courts, fitness centres and social areas, with the first phase set to open in early 2027.
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