IRHM, Your Global Window into Real Estate and Hospitality

August 18, 2026

Urban Development

A major multi-purpose sports park is set to launch in Vietnam later this month. Sun Sports City Ninh Binh, a 22-hectare complex developed by Sun Group, will open in Ha Nam Ward, Ninh Binh Province. The facility features 58 training fields across seven disciplines, including the largest covered pickleball hub in the country, alongside a 3,000-seat stadium built to international standards.
Dubai South and Majid Al Futtaim have partnered to launch a massive AED 62 billion mixed-use community spanning 22 million square feet. Located near Al Maktoum International Airport, the project features residential areas, retail zones and a large shopping mall. The development aims to support the long-term economic expansion of Dubai by creating a future-ready urban hub.

Saudi Arabia has launched a major public-private partnership project to upgrade 50 public parks across three regions. The Ministry of Municipalities and Housing and the National Center for Privatization & PPP are inviting local and international investors to manage the 15-year project. The scheme will improve urban infrastructure, add commercial facilities and boost community engagement across Jeddah, Madinah and the Eastern Province.
Ayala Land is launching its "Next Wave" of developments in Cebu with three new mixed-use estates. Seagrove, Gatewalk, and South Coast City will cover over 50 hectares combined across Mandaue, Lapu-Lapu, and Cebu City. These projects focus on eco-tourism, retail, and entertainment. They are designed to meet the growing demand for commercial space and modern urban living as the regional economy continues to expand rapidly.
Ayala Land has partnered with the Philippine Tennis Center for Excellence to launch a new International Tennis Center in Vermosa. The facility will house the Philippine Tennis Academy and feature nine tennis courts and sixteen pickleball courts. Designed for both elite athletes and the public, the center aims to improve local sports infrastructure and provide a high-performance training ground for the next generation of Filipino champions.

Aldar and the Department of Municipalities and Transport have formed a massive public-private partnership to transform Abu Dhabi's urban landscape. The deal activates 20 million square metres of land across five locations to create integrated communities. These developments include affordable rental housing, lifestyle districts and the first-ever residential project on Al Mihsinah Island. The project focuses on walkable neighbourhoods, green spaces and enhanced connectivity.

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