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...“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
...Looking out over the site, Yagen explained how it would function: first, steel plates — many made in the US — would arrive by rail and then be rolled and welded in one facility before moving on for grinding...
...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....
...Then the steel is rolled in one facility, it’s welded. It moves to another facility where it’s finished and treated so that it can handle this difficult offshore environment....
...“I had a sewing machine when I was five years old, welded a go-kart when I was nine, and my brother and I would rebuild engines and make cannons,” he recalls....
...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...
...Cheniere did not provide cost estimates for the project, but at current construction rates it would likely top $10bn....
...In one piece, Motfoting (2022), she combines heavy concrete with fragile dried flowers; in another, Beach (2022), she mixes seashells with construction pipes....
...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...
...When a supervisor (Jack Lemmon) realises that the problem is a poorly welded pump, he faces denials when he alerts his superiors to the risk of a major meltdown....
...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....
...Indeed, throughout, brutalism is tempered by a sense of vulnerability, embodied in the opening giant sculpture, Lynn Chadwick’s welded iron and copper “The Fisheater”, half bird, half machine, predatory...
...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....
...Those renovations will be financed by a construction loan from Blackstone....
...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...
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