Global investment in data centers more than doubled in 2021 with similar trajectory this year by Released | Jun 13, 2022 The total investment in global data center infrastructure more than doubled last year, from $24.4 billion in 2020 to $53.8 billion in 2021.
Fitch Ratings proposes recovery ratings for global infrastructure in exposure draft by Released | Jun 13, 2022 Fitch Ratings has published an exposure draft for its Infrastructure & Project Finance Master Rating Criteria.
Prologis to combine with Duke Realty in $26b all-stock transaction by Andrea Zander | Jun 13, 2022 Prologis (PLD) will acquire Duke Realty Corp. in an all-stock transaction, valued at about $26 billion, including the assumption of debt. The respective board of directors for Prologis and Duke Realty unanimously approved the transaction.
Luxury-home sales sink 18%, the biggest decline since the start of the pandemic by Released | Jun 10, 2022 Sales of luxury U.S. homes fell 17.8 percent year over year during the three months ending April 30.
Matador Resources announces strategic acquisition of midstream assets in two N.M. counties by Released | Jun 10, 2022 Matador Resources Co. has acquired Summit Midstream Partners’ Lane Gathering and Processing System in New Mexico’s Eddy and Lea counties for $75 million.
BKV, EnLink Midstream partner on carbon sequestration project in Barnet Shale by Released | Jun 10, 2022 BKV Coproration and EnLink Midstream have reached a Phase I Final Investment Decision (FID) and entered into a definitive agreement to develop a carbon capture and sequestration (CCS) project in the Barnett Shale region of North Texas.
StratCap acquires Cleveland data center by Released | Jun 10, 2022 Strategic Datasphere has completed the acquisition of a 187,000-square-foot facility with a high-density data center, banking operations center and flex/R&D space in Cleveland.
Hines buys two industrial buildings in San Diego by Released | Jun 10, 2022 Hines has acquired a 232,000-square-foot industrial portfolio consisting of two class-A industrial buildings in San Diego.
REIT enters golf-destination sector by Andrea Zander | Jun 10, 2022 VICI Properties has entered into a delayed draw term loan facility for up to $120 million and a purchase and sale agreement with Cabot.
Simon announces multiple new developments by Released | Jun 10, 2022 Simon has plans for new developments in growing U.S. markets.