Ford Motor Company and DTE Energy announce the largest renewable energy purchase from a utility in U.S. history by Released | Aug 10, 2022 Through a new clean energy agreement with DTE Energy, Ford Motor Company will soon be able to attribute all its electricity supply in Michigan to clean energy, a major step toward Ford’s goal of reaching carbon neutrality.
Carlyle partners with Tillman Global Holdings, commits $1b to U.S. cell towers by Andrea Zander | Aug 10, 2022 Funds managed by Carlyle and its global infrastructure platform have committed up to $1 billion to partner with Tillman Global Holdings to accelerate its investments in Tillman Infrastructure, a privately held cell tower platform in the United States.
KKR expands industrial real estate portfolio in the Sun Belt with $300m acquisitions in Georgia and Texas by Andrea Zander | Aug 10, 2022 KKR has acquired two industrial properties in Georgia and one in Texas.
REIT stocks advance 9% in July by Loretta Clodfelter | Aug 10, 2022 Following a punishing second quarter, in which U.S. REITs fell 17 percent, according to the FTSE Nareit Equity REITs Index, listed property stocks bounced back in July, rising nearly 9.1 percent.
As good as it gets: Global real estate industry, investment managers record impressive growth by Larry Gray | Aug 10, 2022 Despite the continuing adverse effects of the coronavirus pandemic on societies and economies around the world, the institutional real estate asset class and industry continued to record impressive performance and growth in 2021.
Talent and real estate cost are foremost concerns for tech companies by Andrea Zander | Aug 9, 2022 Cushman & Wakefield released Tech Cities: The Global Intersection of Talent and Real Estate, a new report that examines the top location strategy drivers for tech occupiers, identifies the top global tech markets and assesses the impact of tech companies on office real estate.
StepStone Group holds $2.36b final close by Released | Aug 9, 2022 StepStone Group has held a final closing.
Secondary market volume logs $57.8b in first half of 2022 by Andrea Zander | Aug 9, 2022 Despite the challenging public markets and inflationary economy, the secondary market volume logged $57.8 billion in first half 2022 volume, up modestly from the $54.9 billion transacted in first half 2021.
Park Hotel & Resorts to sell $400m of assets by Andrea Zander | Aug 9, 2022 Park Hotel & Resorts has plans to sell another $300 million to $400 million of assets to reduce leverage and reinvest back in their portfolio, according to the transcript of the second-quarter earnings call.
Data center demand swells in North America by Kali Persall | Aug 9, 2022 North America’s data center market has continued to surge as companies continue to shift toward hybrid cloud environments in the aftermath of the COVID-19 pandemic.