Infrastructure in the 2020s: economics, environment, geopolitics by Benjamin Cole | May 1, 2023 For centuries, building and investing in infrastructure was primarily about developing the sinews of economic growth, such as the canals, railroads, highways and ports. Founding father Benjamin Franklin’s first claim to fame was in 1737 when, as postmaster general of Philadelphia, he earned admiration for improved service through better postal roads, eventually linking Philadelphia mail to New York City with a 24-hour turnaround time.
Avaada Group secures $1b from Brookfield for green hydrogen, solar expansion by Kali Persall | May 1, 2023 Avaada Group has captured $1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing $1.3 billion fundraise.
Hydro One advances transmission line project to support mining operations in Ontario by Released | Apr 28, 2023 Hydro One has received a letter from the Independent Electricity System Operator (IESO) confirming the need for clean, reliable electricity in northwest Ontario to support mining operations.
Advisor Group to unify 8 independent wealth management firms into single entity by Kali Persall | Apr 28, 2023 Advisor Group, one of the nation’s largest independent wealth management firms, is planning to consolidate the eight firms in its network during the next 18 to 24 months.
AI offers powerful possibilities for real estate investment and management by Loretta Clodfelter | Apr 28, 2023 Artificial intelligence (AI) is poised to make sweeping changes across industries, and commercial real estate is unlikely to be left out. The opportunities for AI in real estate run the gamut from asset and property management to investment analysis and economic forecasts.
ElmTree Funds names Matt Innes managing director, head of investor relations by Kali Persall | Apr 28, 2023 ElmTree Funds, a net-lease real estate private equity firm, has appointed Matt Innes to the role of managing director, head of investor relations. He will be responsible for the firm’s capital-raising activities.
Croatan invests in Houston build-to-rent project by Released | Apr 28, 2023 Croatan Investments, a rental housing investment manager for private wealth and institutional capital, has made a preferred equity investment in District West, a 117-unit build-to-rent project in Houston.
Cohen & Steers examines infrastructure in new inflationary environment by Drew Campbell | Apr 27, 2023 According to Cohen & Steer’s report, Infrastructure investing in the new economic paradigm, investors need to understand how the new inflation and interest rate environment will affect investment markets.
WSIB to invest $100m in commodities fund by Kali Persall | Apr 27, 2023 The Washington State Investment Board (WSIB) has approved an investment of up to $100 million in Sprott Private Resource Streaming and Royalty Annex, managed by Sprott Resource Streaming and Royalty.
JLL Income Property Trust pays $82m for class A Louisville Logistics Center in Kentucky by Kali Persall | Apr 27, 2023 JLL Income Property Trust, an institutionally managed daily NAV REIT with around $7 billion in portfolio assets, has acquired a 1 million-square-foot, newly constructed, class A industrial property strategically located in the top-tier industrial submarket of South Louisville, Ky. The purchase price was $82 million.
I Squared Capital announces growth capital investment in RPower by Kali Persall | Apr 27, 2023 I Squared Capital has completed a growth capital investment in RPower, a distributed energy resource platform headquartered in Texas.
Agreement signed for wooden wind turbine towers by Released | Apr 27, 2023 Modvion, a Swedish wood technology company, and Metsä Wood, a Finnish wood product company, have agreed to supply laminated veneer lumber (LVL) for Modvion's wooden wind turbine towers.
Automation and robotics reaching well below Fortune 500-scale companies by Mike Consol | Apr 26, 2023 While large organizations have been investing heavily in robotics for years, the vast majority of companies with 500 or fewer employees have not had that luxury. Thankfully, that equation is changing.
Report: U.S. millionaires moving overseas in record numbers by Mike Consol | Apr 26, 2023 The tide is turning in the United States, a country shaped by generations of immigrants from across the globe whose descendants went on to create the largest wealth market in the world. But a new dynamic is now playing out, with wealthy Americans seeking greener pastures abroad at an unprecedented rate.
U.S. home price trends see gains in February by Kali Persall | Apr 26, 2023 U.S. home price trends moderated in February. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, the leading measure of U.S. home prices, covering all nine U.S. census divisions, reported a 2 percent annual gain in February, down from 3.7 percent in January.
