Montreal light-rail system delayed to spring 2023 by Kali Persall | Oct 24, 2022 CDPQ Infra will delay the opening of a $5 billion light-rail system in Montreal due to “exceptional and unpredictable events,” according to Bloomberg.
United Living Group awarded $34m contract for full-fiber rollout in England by Kali Persall | Oct 24, 2022 United Living Group, a provider of infrastructure, housing and property services, has secured a £30 million ($34 million) contract from CityFibre as part of a program to roll out its full-fiber network across the city of Sunderland, England.
TSC Real Estate acquires senior living facility in Germany by Kali Persall | Oct 24, 2022 TSC Real Estate has acquired the KRÜGER Haus Halberstadt senior-living facility, located in Germany, from a private investment company.
Goldman Sachs launches Chinese infrastructure RE JV by Andrea Zander | Oct 24, 2022 Goldman Sachs has launched a joint venture in China with local logistics company Sunjade to invest in Chinese logistics and infrastructure real estate assets, reported Reuters.
Student housing keeps record-breaking year by Andrea Zander | Oct 24, 2022 The student housing industry continued to ride healthy demand and strong fundamentals to another record-breaking performance in third quarter and 2022 overall, according to the new quarterly National Student Housing Report from Yardi® Matrix.
Oxford Properties expands presence in San Diego life science market by Released | Oct 24, 2022 Oxford Properties Group announced the purchase and long-term lease back of Ionis Pharmaceuticals, an 18.4-acre life science campus and corporate headquarters. Ionis is a publicly traded biotech company.
Starboard Value acquires minority stake in Vertiv by Kali Persall | Oct 21, 2022 Starboard Value, a New York-based investment adviser, has acquired a 7.4 percent minority stake in data center vendor Vertiv, according to Datacenter Dynamics.
Ørsted sells 50% stake in 862MW U.S. renewable portfolio by Kali Persall | Oct 21, 2022 Ørsted, a Danish operator of offshore and onshore wind farms, solar farms, energy storage facilities and bioenergy plants, has sold a 50 percent ownership stake in a U.S. renewable portfolio.
Sempra Infrastructure announces final EPC contract with Bechtel for Port Arthur LNG project by Released | Oct 21, 2022 Sempra Infrastructure has announced that Port Arthur LNG and Bechtel Energy have amended and restated the fixed-price engineering, procurement and construction (EPC) contract for the proposed phase 1 liquefaction project under development in Jefferson County, Texas. The amended contract includes an updated price of approximately $10.5 billion.
Data center construction fraught with challenges by Released | Oct 21, 2022 Data center construction is facing record-breaking inflation amid delays to materials deliveries and competition for skilled labor from large-scale advanced manufacturing projects, according to research from Turner & Townsend.
BBGI Global Infrastructure cancels purchase of 25% stake in Canadian hospital by Kali Persall | Oct 21, 2022 BBGI Global Infrastructure, a publicly listed investment company dedicated to infrastructure investments, has decided to shelve its conditional agreement to acquire a 25 percent interest in Center Hospitalier de l'Université de Montréal (CHUM), a hospital in Montreal, Québec, Canada.
KPERS names Bruce Fink as new CIO by Kali Persall | Oct 21, 2022 The $24.8 billion Kansas Public Employees Retirement System (KPERS) has appointed Bruce Fink to the position of CIO.
The Preiss Co. adds Valentine Commons to student housing portfolio by Andrea Zander | Oct 21, 2022 The Preiss Co. (TPCO) has announced the acquisition of the 928-bed Valentine Commons in North Carolina for an undisclosed amount.
IRB Infra and GIC invest in Ganga Expressway project in India by Kali Persall | Oct 20, 2022 Indian highway construction company IRB Infrastructure Developers and Singapore-based GIC have plans to inject an aggregate of INR 21.33 billion ($257.8 million) in the Ganga Expressway project, a six-lane greenfield access-controlled highway project in India.
DIF Capital Partners to acquire 29 electrical multiple-unit trains in Germany by Kali Persall | Oct 20, 2022 DIF Capital Partners has signed a sale-leaseback agreement for the acquisition of 29 new-build and electrical multiple-unit trains with DB Regio, a subsidiary of Deutsche Bahn.
