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Archive for October 27th, 2025
Brookfield to invest $5 billion to deploy fuel cells at data centers
Brookfield is partnering with a maker of fuel-cell technologies to provide electric power for new data centers it is developing across the globe. Brookfield Asset Management agreed to invest $5 billion to deploy infrastructure designed and built by Bloom Energy, according to the companies. The two companies said they will identify the first locations of […]
BXP’s New York City project delivers boost of optimism for office developers
Within just a handful of months since breaking ground on its newest office development, national landlord BXP is nearing a deal with a tenant that could anchor about one third of the Manhattan tower’s future space. The Boston-based developer is in the final stages of negotiating a prelease agreement with insurance giant C.V. Starr to […]
Bankers expect commercial property loan growth to return
Cracks are starting to form in the long-frozen market for bank lending for commercial real estate. Executives at M&T Bank, PNC Financial Services Group and other banks said this week they expect to see growth return for commercial real estate loans starting early next year. The shift would come after banks have steadily cut their […]