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10 Must Reads for the CRE Industry Today (October 9, 2014)
2014-10-09 18:13:00| National Real Estate Investor
ASB Real Estate Investments has formed Infomart Data Centers, a national data center operator that rises out of a merger between Dallas Infomart and Fortune Data Centers. Norways sovereign wealth fund, the worlds largest, agreed to buy the Bank of America Merrill Lynch Financial Centre in London for $944 million. TPG Real Estate, the real estate platform of Fort Worth-based TPG private equity firm, has invested $120 million in LifeStorage self-storage facilities. These are among todays 10 must reads from around the commercial real estate industry. Content Classification: Curated read more
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How Will ArcelorMittal (MT) Stock Be Affected Today by the Sale of Gallatin Steel?
2014-10-09 01:35:20| Steel - Topix.net
The sale was completed for a total cash consideration of $770 million. The deal is part of ArcelorMittal's plan to divest its non-core assets as the world's largest steel producer faces a slowdown in Europe which accounts for nearly half of its revenues.
How Will ArcelorMittal (MT) Stock Be Affected Today by the Sale of Gallatin Steel?
2014-10-09 01:35:19| Steel - Topix.net
The sale was completed for a total cash consideration of $770 million. The deal is part of ArcelorMittal's plan to divest its non-core assets as the world's largest steel producer faces a slowdown in Europe which accounts for nearly half of its revenues.
Why Plug Power (PLUG) Stock Is Surging Today
2014-10-08 22:01:04| Electronics - Topix.net
Today's speech comes on the heels of the governor's Global NY Summit speech in New York City yesterday where he pledged $35 million to a development fund that will be used attract international businesses to the state. Cuomo has yet to speak even though he was scheduled to make his announcement at 11 am today.
10 Must Reads for the CRE Industry Today (October 8, 2014)
2014-10-08 17:52:00| National Real Estate Investor
As it pulls the plug on hedge funds, the countrys biggest public pension, is giving its property portfolio a $7 billion jolt. Leave it to Sam Zell to call foreign investment bullshit, the commercial real estate market a whorehouse, and still end up with a surprisingly sensible argument. Silverstein Properties and Elad Group, who are partnering on high-end residential condominiums at 1 West End Avenue, are now seeking about $500 million in construction funds from a consortium of banks for the project. These are among the 10 must reads today from around the commercial real estate sector. Content Classification: Curated read more
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october
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