WattBridge Energy adds 480MW of fast-start generation in Texas by Kali Persall | Sep 26, 2022 WattBridge Energy, a Houston-based global independent power producer, has achieved financial closing for 480 megawatts of firm dispatchable generation for ERCOT.
Luxury retail industry bounces back by Andrea Zander | Sep 26, 2022 Luxury industry was one of the first to bounce back after the brief recession, according to JLL.
Evolve Funds Group launches enhanced yield fund by Kali Persall | Sep 26, 2022 Evolve Funds Group Inc., one of Canada’s fastest growing ETF providers, has launched an actively managed portfolio of public listed real estate securities to provide enhanced yield to investors.
CalSTRS invests $350m in CenterSquare REIT by Kali Persall | Sep 26, 2022 The $311.7 billion California State Teachers Retirement System (CalSTRS) has allocated $350 million to a CenterSquare REIT joint venture strategy.
Digital Core REIT to acquire data centers in Germany, Texas by Kali Persall | Sep 23, 2022 Digital Core REIT, the only pure-play data center Singapore REIT sponsored by Digital Realty, has plans to acquire majority stakes in two data centers owned by Digital Realty in a transaction valued at up to $681 million.
Hong Kong tycoon-backed firm bets on blockchain sector, raising $500m by Andrea Zander | Sep 23, 2022 C Capital, a firm started by Hong Kong real estate tycoon Adrian Cheng, has plans to raise $500 million for blockchain assets, credit and private equity, investing over the next 18 months.
Shopoff Realty Investments acquires 270 acres of land in Mesa, Ariz. by Released | Sep 23, 2022 Shopoff Realty Investments has purchased 269.6 acres of land located at East Elliott and South Sossaman Road in an unincorporated part of Maricopa County, adjacent to Mesa, Ariz.
9% of Fortune 500 CEOs are women — the highest of all indices measured by WBC by Andrea Zander | Sep 23, 2022 As of summer 2022, women make up 8.8 percent of CEOs and 9 percent of CEOs in the Fortune 500,.
Entrepreneurs invest $180m for 15 indoor private pickleball clubs in Florida by Released | Sep 23, 2022 Commercial real estate entrepreneurs Brian and Valerie McCarthy, along with business partner Matthew Gordon, have plans to invest $180 million to build at least 15 indoor private pickleball clubs.
NYC hospitality sector continues recovery as travel surges and hotels reopen by Andrea Zander | Sep 23, 2022 As the United States continues to recover from the events of the last two years, New York City tourism is returning to pre-pandemic levels.
Sustainability and infrastructure top of mind for data center operators by Released | Sep 22, 2022 JLL recently brought together top data center thought leaders to discuss the main factors affecting the industry at its 2022 Data Center Forum.
U.S. ports update: Conditions ease at major ports but risks persist by Andrea Zander | Sep 22, 2022 Ports across the United States continued to face a variety of headwinds throughout the first half of 2022 — from elevated dwell times for cargo ships and landside bottlenecks to chassis shortages.
Cantor Fitzgerald and Silverstein Properties close on $176m construction loan for Salt Lake City tower by Released | Sep 22, 2022 Affiliates of Cantor Fitzgerald and Silverstein Properties have closed on the construction financing for an investment by Cantor Silverstein Opportunity Zone Trust (CSOZ Trust).
IEA calls for greater international cooperation to meet climate goals by Kali Persall | Sep 22, 2022 Although there has been an increase in practical international cooperation in recent years, greater international cooperation is needed to get the world on track to meet its climate commitments, according to a new report from the International Energy Agency (IEA).
Glenstar and Creek Lane Capital announce $415m, 3.6msf industrial development project in South Carolina by Andrea Zander | Sep 22, 2022 Glenstar and Creek Lane Capital have announced a 290-acre project.
Electra America, BH Group plans for $1b redevelopment of 80-acre Southland Mall Site in Miami-Dade County by Andrea Zander | Sep 21, 2022 Electra America, along with its U.S. affiliate, American Landmark, and BH Group, has unveiled preliminary plans for the redevelopment and reinvention of the Southland Mall in Cutler Bay, located approximately 20 miles south of downtown Miami.
Crown West Realty sells 81 acres to be used for Arizona distribution center development by Released | Sep 21, 2022 Shamrock Foods Company has acquired 81 acres from Crown West Residential Group.
P&G and ENGIE collaborate on new renewable energy project in Texas by Released | Sep 21, 2022 Procter and Gamble (P&G) and ENGIE North America (ENGIE) announced a 200 megwatt power purchase agreement from ENGIE's Sun Valley Solar project located in Hill County, Texas, 65 miles southwest of Dallas.
Seven-property logistics portfolio sells for $900m by Andrea Zander | Sep 21, 2022 An investment group has sold a seven-property industrial portfolio.
First public database of emissions from production and reserves is published by Kali Persall | Sep 21, 2022 Carbon Tracker and Global Energy Monitor, an independent financial think tank that analyzes the impact of the energy transition on capital markets and the potential investment in high-cost, carbon-intensive fossil fuels, has published the first public database of emissions from production and reserves worldwide.
Stonepeak to acquire Intrado’s safety business for $2.4b by Kali Persall | Sep 20, 2022 Stonepeak has plans to pay $2.4 billion for Intrado Corp.’s safety business, a provider of critical public emergency telecommunications services.
Hines launches tax-advantaged platform by Andrea Zander | Sep 20, 2022 Hines has launched Hines Real Estate Exchange (HREX), a platform designed to serve qualified investors interested in tax-advantaged investment opportunities.
H.I.G. Capital acquires controlling interest in Northern Biogas by Released | Sep 20, 2022 H.I.G. Capital has acquired a controlling interest in Northern Biogas.
Aging infrastructure named top issue in transforming electric sector by Andrea Zander | Sep 20, 2022 Investment and regulatory uncertainties only add to U.S. electric industry’s headwinds.
UBS Asset Management collaborates with PGGM, family offices to deliver U.S. cold storage facilities by Kali Persall | Sep 20, 2022 UBS Asset Management with partners to develop cold storage facilities in the United States.