Despite myriad challenges, institutional investors adapt amid COVID-19 by Loretta Clodfelter | Apr 19, 2021 Amid the COVID-19 pandemic, the institutional real estate community has taken steps to adapt, which can be seen in the responses to our annual investor survey.
Battery storage market to hit $16b by 2030 by Released | Apr 16, 2021 The global grid battery storage capacity will likely reach 134.6 gigawatts (GW) by 2030.
Restaurant sales rose sharply in March by Andrea Zander | Apr 16, 2021 Restaurant sales registered a robust increase in March, according to preliminary data from the U.S. Census Bureau. Eating and drinking places totaled $62.2 billion on a seasonally adjusted basis in March — up 13.4 percent from February’s sales volume of $54.8 billion.
GM and LG Energy Solution invest $2.3b for EV battery plant by Released | Apr 16, 2021 Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, today announced a more than $2.3 billion investment to build its second battery cell manufacturing plant in the United States.
Public Storage acquires ezStorage for $1.8b by Andrea Zander | Apr 16, 2021 Public Storage has acquired ezStorage, one of the highest-quality self-storage portfolios in the United States, for $1.8 billion.
Alliance Global Investors: 3 female investment officers discuss DEI by Andrea Zander | Apr 16, 2021 Three top female investors discuss the improvements of diversity, equity and inclusion in the workplace.
Self-driving truck firm raises $135b in IPO, bringing company value to $8.5b by Released | Apr 15, 2021 TuSimple Holdings Inc. said on Thursday it had raised $1.35 billion through an initial public offering.
JPMorgan Chase targets $2.5t to advance climate action by Released | Apr 15, 2021 JPMorgan Chase aims to finance and facilitate more than $2.5 trillion over 10 years — beginning this year through the end of 2030 — to advance long-term solutions that address climate change and contribute to sustainable development.
Golden Gate Capital acquires Waterfield midstream assets for new infrastructure platform by Kali Persall | Apr 15, 2021 Golden Gate Capital, a San Francisco–based private equity investment firm, has launched a new energy-infrastructure platform, Stonehill Environmental Partners.
Kimco Realty and Weingarten Realty announce strategic merger by Andrea Zander | Apr 15, 2021 Kimco Realty Corp. and Weingarten Realty Investors, a grocery-anchored Sun Belt shopping center owner, manager and developer, have entered into a definitive merger agreement.