Nigeria builds $2.5b fertilizer plant, Africa’s biggest by Andrea Zander | Mar 22, 2022 Nigerian billionaire Aliko Dangote has plans to open a 3-million-ton fertilizer plant, Dangote Fertiliser Plant, located in Ibeju Lekki, Lagos, at a cost of $2.5 billion.
Prologis bids for Blackstone’s $23b last-mile portfolio by Andrea Zander | Mar 22, 2022 Prologis has reportedly issued a €21 billion ($23 billion) nonbinding offer to acquire a portfolio of more than 1,700 warehouses held by Mileway.
SDC Digital Infrastructure Opportunity Fund III surpasses $1.3b by Kali Persall | Mar 22, 2022 SDC Capital Partners has secured more than $1.3 billion for its SDC Digital Infrastructure Opportunity Fund III.
Non-Traded REITs record first $4b-plus month by Robert A. Stanger & Company, Inc. | Mar 21, 2022 Alternative Investment fundraising is on a tear totaling $11.5 billion in February, according to Robert A. Stanger & Company, Inc.
Will a rebound in travel accelerate the hotel recovery in 2022? by Released | Mar 21, 2022 The travel and hotel landscape faced unprecedented uncertainty as the global pandemic took hold. Now that the health crisis is beginning to subside, the sector is gaining momentum and creating new opportunity, according to Marcus & Millichap.
STR reports continued improvement for the U.S. hotel industry during February by Released | Mar 21, 2022 The U.S. hotel industry reported higher performance than the month prior, along with better indexed comparisons with 2019, according to February 2022 data from STR.
CIM Group closes $353m loan for acquisition of four office towers in Phoenix by Released | Mar 21, 2022 CIM Group has closed a $353 million loan to Monarch Alternative Capital and Tourmaline Capital Partners for the acquisition of a premier four-building office complex totaling more than 1 million square feet at The Esplanade mixed-use campus in Phoenix.
One of largest wind projects constructed in North America completed by Released | Mar 21, 2022 Invenergy, the largest privately held global developer, owner and operator of sustainable energy solutions and GE Renewable Energy announced commercial operations for the 998-megawatt Traverse Wind Energy Center, one of the largest wind farms constructed in a single phase in North America.
Domain Timber Advisors acquires 1,672 acres of Georgia timberland by Released | Mar 21, 2022 Domain Timber Advisors, a subsidiary of Domain Capital Group has finalized the purchase of 1,672 acres of timberland in west Georgia, expanding the firms’ Southeast timber portfolio.
Linus Digital Finance launches private real estate fund series by Kali Persall | Mar 21, 2022 Linus Digital Finance, the Berlin-based listed real estate fintech, has expanded its private real estate fund offering, with the launch of a new value-add multifamily vehicle.
EIA projects that renewable generation will supply 44% of U.S. electricity by 2050 by Released | Mar 18, 2022 U.S. power generation from renewables will increase from 21 percent in 2021 to 44 percent in 2050.
U.S. DOE signs two LNG export orders by Released | Mar 18, 2022 The U.S. Department of Energy (DOE) has issued two long-term orders authorizing LNG exports from two current operating LNG export projects, Cheniere Energy Inc.’s Sabine Pass in Louisiana and Corpus Christi in Texas.
Energy storage will be necessary for the energy transition by Kali Persall | Mar 18, 2022 Although renewable energy from sources such as wind and solar may be clean and cheap, they are also intermittent and unpredictable. Other sources, such as energy storage, may be integral to bringing the energy transition to fruition.
Alterra IOS Venture II closes above $400m target by Kali Persall | Mar 18, 2022 Alterra Property Group and Park Madison Partners have closed their Alterra IOS Venture II fund.
Quick service visits down in January atop last year’s declines by Andrea Zander | Mar 18, 2022 After 10 consecutive months of traffic gains over steep pandemic-related declines, the U.S. restaurant industry’s recovery stalled in January.
