The UK retail park market is becoming a scarcity play. Hines has moved to increase its exposure with three fully leased assets across London, Manchester and Edinburgh.
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Fidji Simo is stepping down from her role as CEO of Applications at OpenAI and transitioning to being a part-time adviser due to a chronic medical condition. Simo said in a Thursday (July 9) post on X that she had been on medical leave for three months, that she learned that her road to recovery…
Carnival Cruise Line’s loyalty program just underwent a huge overhaul: a different name, new ways of earning and redeeming rewards, and big changes to its branded credit card. The Very Important Fun Person Club, or VIFP Club for short, will now be called Carnival Rewards, and the Carnival World Mastercard is now the Carnival Rewards…
“If you were building a capital structure for a commercial real estate asset in 2019 or 2021, your calculation was interest rates are nothing, basically,” he said. “And then it went up 500 basis points. So that makes your math really hard over that period of time.” That repricing process, Fisher said, determines when deals…
Blue Owl Capital is pushing beyond Northern Virginia’s Data Center Alley after acquiring a 71-acre development site in Culpeper, Va., for $66.4 million. Blue Owl’s data center operator Stack Infrastructure purchased Culpeper Technology Park at 15140 Keyser Road from RACM. The transaction is equal to more than $935,000 per acre. Greysteel arranged the sale for…
Getting deliveries from a truck to your front door might soon involve a robot dog. Robotics company Boston Dynamics is testing Spot, its canine-shaped robot, as a delivery worker that can ride along in trucks and hop out to leave packages at customers’ doorsteps. The delivery-focused version of Spot includes a conveyor belt. A video…
Xryma, which was recently rebranded from ISX Financial EU, has received approval from the Cyprus Securities and Exchange Commission for the prospectus governing the admission of its ordinary shares to trading on the regulated market of Euronext Paris. CySEC approved the document on July 14, and it will now be passported to France through the…