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OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi

OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi

by Phil Hall | May 22, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

OpenAI is partnering with the United Arab Emirates (UAE) firm G42 to construct a 1-gigawatt artificial intelligence (AI) data center in Abu Dhabi. The new project, dubbed Stargate UAE, will be OpenAI’s first data center project outside of the United States. The first...
Disney to Open First Middle East Theme Park in Abu Dhabi

Disney to Open First Middle East Theme Park in Abu Dhabi

by Phil Hall | May 7, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Walt Disney Company (NYSE: DIS) has announced plans for its first Middle East theme park destination at Abu Dhabi in the United Arab Emirates. Disney Abu Dhabi will be the company’s seventh theme park. It will be located at the waterfront of Yas Island and will be...
UAE Developer to Tokenize $500 Million in Real Estate Assets

UAE Developer to Tokenize $500 Million in Real Estate Assets

by Phil Hall | Jul 3, 2024 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Mantra, an institutional-grade Layer 1 Blockchain for real world assets, has announced a strategic partnership with MAG, a United Arab Emirates-based developer with a real estate portfolio valued at over $5 billion. According to the companies, Mantra’s blockchain...
Hilton to Open First Waldorf Astoria Residences Outside of the US

Hilton to Open First Waldorf Astoria Residences Outside of the US

by Phil Hall | Mar 6, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Hilton (NYSE:HLT) has partnered with the Dubai-based real estate developer NABNI Developments to announce plans for Waldorf Astoria Residences Dubai Downtown. The new development will be the first standalone Waldorf Astoria residential address outside of the United...
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