Lotte Group and Phat Dat Real Estate Development have signed a cooperation agreement to build the 60,000 billion VND Lotte Eco Smart City Thu Thiem in Ho Chi Minh City. The 7.54-hectare multi-functional complex will feature residential zones, retail space and Grade A offices.
Cityscape Global 2026 has introduced its new Capitals platform to link international finance directly with major real estate projects in Saudi Arabia. The initiative follows a successful 2025 event that attracted entities handling USD 6.1 trillion in assets. The updated networking platform expands target audiences beyond standard institutional funds to connect worldwide asset owners with the country's accelerating urban development, housing and hospitality schemes.
Dubai based developer Majid Al Futtaim has signed a deal with master developer MIDAR to build a $3.1 billion mixed-use community in New Cairo. Spanning 553 feddans within Mada City, the phased project marks the firm's first foray into Egypt's residential property sector. The plan includes 6,000 homes alongside commercial districts, leisure spaces and a shopping hub.
Developer Sun Property has officially launched S-Light Tower, a new twin-tower apartment complex in South Da Nang. Located within the Sun NeO City urban area, the 22-storey waterfront development will deliver nearly 800 residential units. The project features a distinctive crane-inspired design and aims to capitalised on major regional transport upgrades and expanding local tourism demand.
Abu Dhabi developer Aldar has unveiled The Orchids, a new gated community within its established Yas Acres development on Yas Island. The project introduces 217 family homes, including townhouses and villas, designed around central parks and sports facilities. Residents will gain access to the wider masterplan, which features premium leisure options and sits close to local international schools and major entertainment hubs.
KAFD DMC has signed a memorandum of understanding with Osool Integrated Real Estate Company to evaluate new property investments in Riyadh. The non-binding deal aims to address the rising demand for prime commercial and residential space within the financial district. The collaboration follows a recent SAR 12 billion financing facility raised by the district operator.
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