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Skanska Writes Down US Property Values by $63MM as Construction Business Thrives

Swedish construction giant posts 4.2 percent operating margin in Q3 as American operations face tougher comparisons to exceptional 2024 Skanska AB’s US construction...

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FinanceIndustry News

KKR Posts Record Quarter as Insurance and Credit Fuel Growth Machine

The investment giant raised $43 billion in its second-largest fundraising quarter ever, driven by its insurance business and expanding credit platform KKR &...

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AECCommercialFeaturedIndustry NewsNews Releases

HNI Corporation to Acquire Steelcase for $2.2B

Highly Complementary Brand Portfolios, Dealer Networks, and Industry Segments will Enhance Customer Reach Combined Capabilities to Drive Accretion and Accelerate Strategic Initiatives to...

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AECFeaturedIndustry NewsResidential

DR Horton & Pulte Weather Volatile Demand with Record Incentives as Affordability Crisis Reshapes Market

Major homebuilders report mixed results as industry grapples with volatile demand and rising incentives The U.S. housing market continues to face significant headwinds...

Commercial Real Estate, Capital Economics, Office, Multifamily, Cohen & Steers
CommercialFinanceIndustry News

Hudson Pacific Properties Plans $600MM Raise in Major Equity Offering to Address Debt Challenges

The struggling West Coast office and studio REIT seeks to shore up finances amid continued market weakness Hudson Pacific Properties Inc. (NYSE: HPP)...

FinanceIndustrialIndustry NewsNews Releases

Prologis to Acquire Nearly 14MM SQFT of Industrial Properties from Blackstone in $3.1B Deal

SAN FRANCISCO and NEW YORK — Prologis, Inc. (NYSE: PLD) and Blackstone (NYSE: BX) today announced a definitive agreement for Prologis to acquire...

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