KKR and Mirastar buy £170m UK logistics portfolio from PLP

With data centers growing at unprecedented levels, the question remains: How will they be powered to fit future needs? This year, global power demand for data centers is estimated to reach 132 gigawatts, and by 2030, it is predicted to climb to 290 gigawatts. Texas, in particular, is seeing rapid-fire growth in its data center…

The S&P 500 ended lower on Tuesday, weighed down by losses in Micron Technology and other chipmakers due to mounting doubts about the sustainability of Wall Street’s AI-driven rally. Chip stocks in ‌Asia and the ⁠United States ⁠dropped after memory chip giant Samsung Electronics’ blowout earnings report failed to satisfy investors with sky-high expectations. Micron…

An outbreak of a parasite-caused illness has sickened more than 1,000 people in Michigan.

Chairman Andy Harrison said the proposal does not reflect the quality, scarcity or long-term prospects of Segro’s portfolio and platform. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in…

(RTTNews) – Codexis, Inc. (CDXS), a provider of enzymatic solutions, announced the pricing of its public offering of 16.67 million shares at a price of $1.50 per share. The company expects net proceeds of approximately $23.1 million, which it intends to use for working capital and other general corporate purposes, including research, development, and business…

The city is looking for a “best in class” operator to run its first five municipal grocery stores. Grocers across the five boroughs who balked at the prospect of competing with Mayor Zohran Mamdani’s city-backed supermarket pilot now have a chance to get in on the action, after the Economic Development Corporation put out a…