PPG Sells U.S. and Canada Coatings Business to AIP
PPG (NYSE: PPG) has officially completed the sale of its U.S. and Canada architectural coatings business to American Industrial Partners (AIP), an industrial investment firm. The transaction, valued at $550 million, marks a significant step in PPG’s portfolio optimization strategy,…
Bowman Expands Share Repurchase Program Authorization
Bowman Consulting Group Ltd. (NASDAQ: BWMN) (“Bowman” or the “Company”), a leading national engineering services firm supporting owners and developers of the built environment, has announced a significant increase to its share repurchase program. As of November 29, 2024, the…
Rayonier Approves $300 Million Share Repurchase Program
Rayonier Inc. (NYSE: RYN), a leading timberland real estate investment trust (REIT), has announced that its board of directors has approved a new $300 million share repurchase authorization. This decision replaces the existing $100 million authorization, reflecting the company’s commitment…
United Rentals Honored for Excellence in Veteran Hiring and Career Advancement
United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, has been recognized for its exceptional commitment to supporting veterans and their families through career opportunities. The company announced it has received the 2024 HIRE Vets Medallion Platinum Award…
SLB Capturi Builds World’s First Industrial-Scale Carbon Capture Plant for a Cement Facility
SLB Capturi has achieved a groundbreaking milestone with the mechanical completion of its full-scale carbon capture plant at Heidelberg Materials’ cement facility in Brevik, Norway. This state-of-the-art facility marks a new chapter in the decarbonization of the cement industry, which…
Budimex Launches Its First Residential Development in Poznań
Budimex, a leading construction company in Poland, has officially entered the residential market in Poznań with the launch of Witosa Park. Located in the Winiary district, this modern housing estate promises a harmonious blend of comfort, ecological design, and cutting-edge…
YIT to Construct New Apartment Building for TA-Asumisoikes Oy in Tourula, Jyväskylä
YIT has entered into an agreement with TA-Asumisoikeus Oy to construct Jyväskylän Hahlo 3 and 7, a new housing development in the historic Tourula district of Jyväskylä. The project will be situated near the site of a former rifle factory,…
Buftea Bypass Set to Alleviate Traffic Congestion Near Bucharest
Buftea, a satellite town of Romania’s bustling capital, Bucharest, faces a daily challenge as heavy through traffic clogs its streets. Vehicles traveling to and from Bucharest create significant congestion, disrupting local life and mobility. The new Buftea Bypass, currently under…
FHLB Dallas and Stellar Bank Grant $85K to Support Three Houston Community Organizations
The Federal Home Loan Bank of Dallas (FHLB Dallas) and Stellar Bank have announced the awarding of $85,000 in grants to three nonprofit organizations in Houston. These grants, provided through the Partnership Grant Program (PGP), are intended to empower local…
Inovalis REIT Completes €18.2 Million Sale of Sabliere Property
Inovalis Real Estate Investment Trust (REIT) (TSX: INO.UN) has announced the signing of an exchange contract to sell the Sablière property to a third party for €18.2 million ($26.4 million). This strategic move reflects the REIT’s ongoing efforts to optimize…
MAG Group Holding: A $11.9 Billion Real Estate Portfolio
MAG Group Holding, a leading multinational conglomerate operating across diverse industries, has announced that its real estate portfolio, including ongoing and under-development projects, has reached an impressive value of $11.9 billion. This milestone reflects the group’s robust presence in the…
CTP Delivers Tesco’s New 100,000 sqm Logistics Hub
CTP, the largest listed developer, owner, and manager of industrial and logistics properties in Europe by gross lettable area (GLA), has officially handed over a 100,000 sqm logistics centre to Tesco in Hungary. Situated on a 60-hectare greenfield site near…