Former CEO of Enel joins EQT Infrastructure as a partner by Kali Persall | May 31, 2023 Francesco Starace, the former CEO and general manager of Enel, has been named partner on EQT Infrastructure’s advisory team.
AI drives demand for semiconductor manufacturing space by Loretta Clodfelter | May 31, 2023 On a global basis, demand for semiconductor space has grown significantly in the past decade, and the rise of artificial intelligence (AI) is likely to drive even more demand.
U.S. GDP growth revised up to 1.3% in Q1 by Loretta Clodfelter | May 31, 2023 First-quarter 2023 GDP growth has been revised upward to an annual rate of 1.3 percent, according to the second estimate released by the Bureau of Economic Analysis. This is 0.2 percentage points higher than the advance estimate of first-quarter GDP growth released in April.
Newcore Capital closes fifth U.K. social infrastructure fund at $236m by Kali Persall | May 30, 2023 Newcore Capital has closed its fifth U.K. social infrastructure fund, Newcore Strategic Situations V (NSS V), at £190 million ($236 million), representing the investment manager’s largest capital raise to date.
CorEnergy to sell MoGas and Omega pipeline systems for $175m by Kali Persall | May 30, 2023 CorEnergy Infrastructure Trust announced it will sell its MoGas and Omega pipeline systems to Spire in an all-cash transaction valued at $175 million.
Illinois Municipal Retirement Fund approves $35m for EnCap’s oil and gas fund by Kali Persall | May 30, 2023 The $49.9 billion Illinois Municipal Retirement Fund (IMRF) has approved up to $35 million for EnCap Energy Capital Fund XII, an oil and gas fund managed by EnCap Investments.
EQT Infrastructure Fund VI surpasses $8.8b by Kali Persall | May 30, 2023 EQT Infrastructure Fund VI has amassed more than $8.8 billion of investor commitments, according to a recent filing with the SEC.
Mapletree Industrial Trust enters Japanese market with new data center acquisition by Kali Persall | May 30, 2023 Mapletree Industrial Trust (MIT) has acquired a newly built data center in Osaka, Japan, for JPY52 billion ($377 million).
INA, ESR and Mitsubishi Corp. form logistics JV by Jennifer Molloy | May 30, 2023 The Indonesia Investment Authority (INA), ESR Group and MC Urban Development Indonesia (MCUDI), a wholly owned subsidiary of Mitsubishi Corp, have formed a strategic partnership to invest in three modern logistics parks in Indonesia developed and managed by ESR.
Landmark Properties announces student housing project for University of Tennessee by Larry Gray | May 30, 2023 Landmark Properties has announced its second project in a build-to-core joint venture with Toronto-based Manulife Investment Management.
Keppel joins green hydrogen, ammonia efforts in Australia by Kali Persall | May 26, 2023 Keppel Corp. has joined the Central Queensland hydrogen (CQ-H2) project consortium to develop a large-scale green hydrogen project in Australia.
Cannon-Brookes consortium wins control of $20b Sun Cable solar project by Kali Persall | May 26, 2023 Australian technology entrepreneur Mike Cannon-Brookes’ Grok Ventures has won a competitive bidding process for control of the A$30 billion ($20 billion) Sun Cable renewable energy project in Australia, according to various news reports. Quinbrook Infrastructure Partners has emerged as part of the winning consortium.
Harrison Street, Elkstone launch PBSA partnership in Ireland by Kali Persall | May 26, 2023 Harrison Street and Irish investment house Elkstone have launched a strategic partnership to develop more than 1,500 purpose-built student accommodations (PBSAs) in Dublin, Limerick, Cork and Galway by 2028.
International Campus Group launches modernization program for 6 student apartments by Released | May 26, 2023 International Campus Group is launching a major modernization and refurbishment program for six fully leased apartment buildings comprising 2,200 residential units.
Alternative asset funds win vote of confidence with fund managers by Kali Persall | May 26, 2023 Alternative fund managers are confident about launching funds and raising capital throughout the next 18 months, according to new research from Ocorian, a specialist provider of alternative fund services.
