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IJM Perennial Development, a joint venture between IJM Corp and Perennial Real Estates Holdings, has unveiled a large-scale integrated mixed-use waterfront development in Penang, Malaysia.
Swedish property firm Vasakronan AB has signed a SEK2.34bn ($264.5M) long-term loan agreement with Nordic Investment Bank (NIB) for the revamp and construction of green buildings in Stockholm and Gothenburg.
Developer Ashfield Land has received approval for a £150M mixed-use development in Blackdog, Aberdeen.
Holliday Fenoglio Fowler (HFF) has obtained $142M in financing for the development of a mixed-use lifestyle project, known as Pinecrest, in Ohio, US.
Hines, Urban Atlantic and Triden Development Group, on behalf of the developer TPWR Developer LLC, have broken ground on a new mixed-use neighbourhood in Washington, DC.
UAE-based Damac Properties has unveiled plans to develop Golfotel, the only premium five-tower hotel property surrounded by a golf course in Dubai.Golfotel will house more than 2,000 modern rooms with golf views of the Trump World Golf Club Dubai, which is set within the 55M sq ft community AKOYA Oxygen.Amenities at the hotel will include a lounge and international restaurants, a gymnasium, and an outdoor swimming pool, as well as shuttle services to the tourist attractions all over Dubai and complimentary airport transfer.Damac Properties senior vice president, Niall McLoughlin, said: “Investors will be pleased with the opportunity to own a hotel room on an international golf course that reaps higher returns than any other investment classes. “Owning a hospitality unit provides an attractive return on investment due to the burgeoning tourism industry and potential revenues that can be generated. “What we are offering is even more lucrative owing to the unique setting in a golf community — such properties usually command a premium because of their location.”
Midtown Athletic Clubs has unveiled plans to build the $75M Midtown Athletic Club and The Hotel at Midtown in Chicago [pictured], US.
Plans for a new shopping and leisure development in Rochdale town centre have received the go-ahead from Rochdale Borough Council.
TCC Assets (Thailand) and Frasers Centrepoint Limited (FCL) have joined forces to build an integrated district in Bangkok [pictured], Thailand.
US-based Sycuan Casino announced that construction has started on its $226M hotel and resort expansion project in San Diego, California.
Westdale Properties and KDC Construction have started construction on a mixed-use development in Texas, US.
Centurion American Development Group has broken ground on a mixed-use development in Texas, US.
Hill International has secured a contract from Unibail-Rodamco to deliver project management and site supervision services for a €960M ($1.02bn) mixed-use development in Hamburg [pictured], Germany.
Urban&Civic and the Secretary of State for Defence have submitted plans for a new mixed-use project at Waterbeach Barracks on the northern fringe of Cambridge, UK.
Kier Construction and CTP Ltd have been selected by Liverpool City Council for a £200M scheme in Liverpool, UK.
The Celtic Football Club, a professional football club based in Glasgow, Scotland, has submitted a proposal of application notice to Glasgow City Council for the development of the Celtic Park area.
The £175M West Bar Square development in Sheffield, UK, is set to move forward after it has been granted outline planning consent.
Construction group BAM has secured a contract to build the Two Chamberlain Square, the second building in the first phase of the Paradise development in Birmingham, UK.
The Victorian government has given the green light to Crown Melbourne’s hotel and apartment complex in Melbourne's Southbank, Australia.
Developer Knight Dragon has announced plans for a new £1bn crown-shaped project in London, UK.
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