San Francisco metro area pandemic recovery among worst in U.S. by Andrea Zander | Mar 3, 2023 The Bay Area Council Economic Institute, in partnership with commercial real estate services company CBRE and its Tech Insights Center, in its The Regional Economic Recovery Index has created a new first-of-its-kind regional tool for tracking the Bay Area’s pandemic recovery against that of other major metropolitan areas across the country. This is the first of three reports that will track and compare the Bay Area’s progress across five key categories: jobs, people, investment, economic activity, and affordability.
As reliance on digital technology increases, investor demand for data centers rises by Andrea Zander | Mar 3, 2023 As our dependence on digital technology at work and at home continues to rise, there is a sector of the commercial real estate industry that is benefitting – data centers. According to Technavio’s latest market report, the data center market is estimated to grow by $615.96 billion from 2021 to 2026, which equates to a compounded annual growth rate of 21.98 percent.
Downing acquires two operational hydropower plants in Sweden by Kali Persall | Mar 2, 2023 Downing Renewables & Infrastructure Trust (DORE) has acquired two operational hydropower plants in Sweden, totaling 8 gigawatt hours of annual average production.
Ohio Police & Fire Pension Fund slates $80m for Brookfield Infrastructure Fund V by Kali Persall | Mar 2, 2023 The $17 billion Ohio Police & Fire Pension Fund (OP&F) has approved a commitment of up to $80 million to Brookfield Infrastructure Fund V (BIF V), a noncore vehicle focused on investment opportunities in the Americas, Western Europe and Asia.
Commerz Real focuses on electricity production in 2023 by Kali Persall | Mar 2, 2023 Commerz Real, the real assets subsidiary of Commerzbank, is planning to grow its electricity production in 2023.
District of Columbia Retirement Board commits $75m to JLC Infrastructure Fund II by Kali Persall | Mar 2, 2023 The District of Columbia Retirement Board has closed on a $75 million commitment to JLC Infrastructure Fund II, according to recent board meeting minutes.
EPA to award $250m of grants to build clean-energy economies by Kali Persall | Mar 2, 2023 The Biden Administration has announced $250 million of planning grants through the U.S. Environmental Protection Agency (EPA) to develop innovative strategies to slash pollution and build clean-energy economies.
South Korean pension fund records negative returns amid market tightening by Kali Persall | Mar 2, 2023 South Korea’s Government Employees Pension Service (GEPS) has posted a –4.4 percent return on investment in 2022, but achieved a double-digit return on its alternative assets, according to The Korea Economic Daily.
EQT Corp. buys $3b digital infrastructure property owner by Andrea Zander | Mar 2, 2023 EQT Active Core Infrastructure Fund, managed by EQT, and Canada’s Public Sector Pension Investment Board have plans to acquire Radius Global Infrastructure in a transaction valued at a total enterprise value of approximately $3 billion.
DataBank issues $715m securitization to pay down debt, fund data center expansion by Released | Mar 1, 2023 DataBank, a provider of enterprise-class colocation, interconnection and managed cloud services, has issued $715 million of secured notes in its third securitization offering since 2021.