Federal Reserve holds interest rates steady

Fed Interest Rate Decision : Federal Reserve holds interest rates steady

The Federal Open Market Committee (FOMC) did not change interest rates in line with the expectations after the April meeting. The U.S Federal Reserve...
Twin River to acquire two Eldorado casinos for $155m

Twin River to acquire two Eldorado casinos for $155m

Twin River Worldwide Holdings, Inc. (Twin River) has entered into an agreement with Eldorado Resorts, Inc. (Eldorado) to acquire Eldorado Shreveport Resort and Casino...
U.S retail industry associations unveil reopening plan

U.S retail industry associations unveil reopening plan

The Retail Industry Leaders Association (RILA) and the National Retail Federation (NRF), two top retail industry associations in the U.S, on Monday released a Blueprint for...
Digital Colony establishes hyperscale data center platform in Brazil

Digital Colony establishes hyperscale data center platform in Brazil

Colony Capital's global digital infrastructure investment platform Digital Colony Management, LLC (Digital Colony) has established Scala Data Centers S/A (Scala), a hyperscale data center...
US Foods completes acquisition of Smart Foodservice Warehouse Stores

US Foods completes acquisition of Smart Foodservice Warehouse Stores

US Foods Holding Corp. (NYSE: USFD) announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse...
Caesars, VICI to sell Bally's Atlantic City for $25m

Caesars, VICI to sell Bally’s Atlantic City for $25m

Caesars Entertainment and VICI Properties have reached an agreement to sell the Bally’s Atlantic City Hotel & Casino to Twin River Worldwide Holdings Inc....
Mirvac gets approval for industrial estate development in Auburn

Mirvac gets approval for industrial estate development in Auburn

Mirvac has received development approval from Cumberland Council for its most recent industrial estate at 300 Manchester Road, Auburn in Western Sydney. ASX-listed Mirvac plans...
Retailers call additional funding for small business loans ‘important step on the path to recovery’

Retailers call additional funding for small business loans ‘important step on the path to...

The National Retail Federation today welcomed House action on legislation to increase funding for loans to small businesses during the coronavirus pandemic. “There are many...
APG, CPP Investments, ESR form US$1bn JV to invest in South Korean logistics real estate

APG, CPP Investments, ESR form US$1bn JV to invest in South Korean logistics real...

APG, Canada Pension Plan Investment Board (CPP Investments) and ESR Cayman Limited (ESR) have entered into a strategic agreement to establish a new development...
Many contractors concerned about longer-term impacts of COVID-19 crisis, according to Dodge Data & Analytics

Many contractors concerned about longer-term impacts of COVID-19 crisis, according to Dodge Data &...

New study shows that two-thirds of the industry is already experiencing project delays, 87% expect to see their businesses impacted in the next three...
GIC, Equinix to invest US$1bn in data centers in Japan

GIC, Equinix to invest US$1bn in data centers in Japan

Global interconnection and data center firm Equinix, Inc. and Singapore's sovereign wealth fund GIC have agreed to form more than US$1.0 billion joint venture to develop and operate three...
LOGOS, Ivanhoé, Bouwinvest JV to invest in China logistics market

LOGOS, Ivanhoé, Bouwinvest JV to invest in China logistics market

LOGOS, Ivanhoé Cambridge and Bouwinvest have formed a new joint venture with a GCC-based (Gulf Cooperation Council) investor to develop logistics and industrial facilities...

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