Hints and tips:
...“The data centre construction boom continues globally, with supply struggling to keep up with record demand,” Green Street analyst David Guarino wrote in a note on Monday....
...Gray said that while US apartment construction had soared in recent years, an ongoing “housing shortage” in America would keep pushing rents higher in a boon for landlords like Blackstone....
...Sunak’s visit to the construction site in Mayfair came on a busy day that included the first meeting in 2024 of the prime minister’s business council. But it was not officially announced by Number 10....
...Among the disputed developments is a subsidised retirement community in Michigan known as Presbyterian Villages, which was refurbished with construction financing from AIG....
...“There’s definitely a sense that new construction, permitting, the cost of construction and interest rates are making new builds more difficult, less attractive,” he added....
‘Scale is important,’ executive says as environmental opponents slow new construction
...Magellan Midstream Partners, said that the “opportunity to invest and grow” as a company focused on crude oil and refined products, such as petrol and jet fuel, had become increasingly “challenging” after a construction...
...PacWest had previously raised $2.36bn by selling construction loans to real estate investors Kennedy Wilson....
...The most advanced, in West Palm Beach, is already under construction and boasts signed leases....
...At the Spring Place private members club in Manhattan, Blackstone said the unfolding financial crisis could bolster Breit’s earnings because it would constrain bank financing for new real estate construction...
...Those renovations will be financed by a construction loan from Blackstone....
...Cheniere did not provide cost estimates for the project, but at current construction rates it would likely top $10bn....
...Intel has two plants under construction at its site in Chandler, Arizona, which are expected to come online in 2024. It announced plans this year to invest $20bn to build two chip factories in Ohio....
...In January, it offloaded about half of its stake in Hitachi Construction Machinery to trading house Itochu and a Japanese investment fund....
...into Unaoil fiasco nears end (FT) Stellantis halts operations in Russia as it suspends remaining production (FT) Thai energy company Gulf forays into crypto market via Binance tie-up (Nikkei Asia) UK construction...
...The report said that Crown was not fit to hold a gambling licence in Sydney, where it had just completed the construction of a A$2.2bn harbourside complex....
...It has restarted construction of the Venice site and has begun selling apartments....
...Dating from the early era of skyscraper construction, most have structural features that limit elevator capacity, obstruct views or make it more difficult to install modern amenities....
...been posting net losses of $100m a year — and to extricate itself from an unplanned bet on the casino industry that began at the height of the financial crisis when developer Ian Eichner defaulted on a construction...
...By the time the RJR Nabisco boss was forced out by KKR’s record-breaking 1989 takeover of his company, Johnson had personally supervised the construction of a $12m hangar housing at least half a dozen jets...
...A self-catered private apartment for short lets is also under construction. Most of it was built by Eek and his team during lockdown....
...It grew to become a major construction group, with projects including the UK’s M1 motorway, the Sizewell B nuclear power station and Coventry cathedral, but sold the business after losing millions on a contract...
...According to its website, it plans to relaunch the service some time in 2021 but it has spent the past year focused on construction to extend the line to Orlando....
...Spanish construction group ACS has approached Italy’s Atlantia to buy the country’s largest motorway network for up to €10bn, offering to outbid a group led by Italy’s state-controlled investment fund, according...
...All told, Adams helped lead the construction or rehabilitation of more than 5,000 units of affordable and middle-income housing during his career at Related and rose to vice-president....
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