The world’s biggest warehouse landlord is still full steam ahead on data centers. “After several quarters of sustained demand, we believe the market is entering its next phase,” Prologis CEO Dan Letter said in a second-quarter earnings call Thursday afternoon. SEE ALSO: PGIM Hires David Blum as Managing Director of Commercial Real Estate Credit The…
Russell Vought, the outgoing acting director of the Consumer Financial Protection Bureau (CFPB), defended his 17-month record of reining in the agency’s enforcement apparatus during Senate testimony on Thursday, his first appearance before the upper chamber since taking over the bureau last February. During his tenure, Vought has championed an overhaul at the CFPB that…
For the first time in the post-crisis era, new supply and new household formation were roughly in balance, a milestone that had seemed out of reach as recently as 2022, when the deficit was widening at six times last year’s pace. The supply picture looks different depending on which number you focus on, however. While the…
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The 8th pay commission is expected to make decisions that significantly impact the salaries of central government employees and pensioners, including railways and defence personnel. Constituted every 10 years, its recommendations are likely by mid-2027. The announcement is set to affect as many as one crore beneficiaries — about 50 lakh central government employees, and…
Frustrated by slow sales and stubbornly high construction costs, U.S. home builders reported declining market outlooks in July as the housing market turned the corner into the second half of 2026. In their jointly produced Housing Market Index (HMI) published Thursday, the National Association of Home Builders (NAHB) and Wells Fargo said measures of current…
Those yet to renew originated at rates that were already starting to inch up in advance of the first rate increase by the Bank of Canada (BoC), which occurred in early 2022, meaning the payment shock at renewal will be comparatively more modest. Leading indicators of credit stress also point to stabilisation. By late 2025,…
Over two days that August, the parties exchanged emails. Dematic’s president offered $10 million in cash, a transfer of consignment parts on site, and waivers on unpaid invoices and project fees. SSENSE’s chief operating officer accepted the terms on August 27, 2025 and asked for a formal agreement to be drafted. That same day, one of SSENSE’s lenders,…
Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 27,048 crore so far this month, indicating cautiousness among global investors amid an evolving global macroeconomic and geopolitical environment. With this, total outflows by Foreign Portfolio Investors (FPIs) from the equity market have reached Rs 2.2 lakh crore in 2026, higher than the…
National net absorption reached +2.6 million square feet (msf) in Q1 2026 alone, building on the positive absorption recorded nationally in 2025. That’s a notable turnaround after -17 msf of negative net absorption between 2020 and 2024, according to Avison Young’s data. Trophy and class A assets are leading that recovery: since 2025, Trophy sales have…