How soaring shipping costs raise prices around the world by Andrea Zander | Mar 29, 2022 The cost of shipping a container on the world’s transoceanic trade routes increased sevenfold in the 18 months following March 2020, while the cost of shipping bulk commodities spiked even more.
Ørsted to divest 50% stake in what could be the world’s largest offshore wind farm by Kali Persall | Mar 28, 2022 Ørsted has agreed to sell a 50-percent ownership stake in its 1.3-gigawatt Hornsea 2 Offshore Wind Farm to a consortium consisting of AXA IM Alts and Crédit Agricole Assurances for £3 billion ($4.0 billion).
Malls still have important place in retail, report says by Andrea Zander | Mar 28, 2022 Despite all the challenges of 2021, malls have proven they still hold an important place in the American retail landscape, according to a report by Placer.ai.
Crow Holdings Development Opportunities Fund I closes at $750m by Kali Persall | Mar 28, 2022 Crow Holdings has completed the final closing of its Crow Holdings Development Opportunities Fund I (DOF) at $750 million.
Walker & Dunlop announces fund to acquire three more investments by Kali Persall | Mar 28, 2022 JCR Capital, Walker & Dunlop's alternative investment management platform, recently published a notice that its JCR Capital Income-Plus Fund 4 (Fund IV) has room for two to three more investments.
DigitalBridge Ventures leads $60m Series C funding round for 5G technology innovator Celona by Andrea Zander | Mar 28, 2022 DigitalBridge Group announced that DigitalBridge Ventures, its recently announced venture-capital initiative, has led a $60 million Series C funding round in Celona, the first enterprise networking company to bridge the gap between LTE/5G cellular wireless and enterprise IT infrastructure.
KKR, GIP complete $15b all-cash purchase of CyrusOne by Andrea Zander | Mar 28, 2022 KKR and Global Infrastructure Partners have closed their acquisition of data center operator CyrusOne for approximately $15 billion.
CBRE invests in venture capital firm Fifth Wall’s Climate Tech Fund by Released | Mar 28, 2022 CBRE is making an investment in Fifth Wall’s Climate Technology Fund.
Multi-state coalition to pursue $8b infrastructure fund to expand use of clean hydrogen by Released | Mar 25, 2022 Connecticut, New York, New Jersey, and Massachusetts have joined together to develop a proposal to become one of at least four regional clean-hydrogen hubs designated through the federal Clean Hydrogen Hubs program included in the 2021 federal bipartisan Infrastructure Investment and Jobs Act (IIJA).
NAR report shows share of millennial home buyers continues to rise by Released | Mar 25, 2022 The share of millennial home buyers increased significantly over the past year.