Foundry Commercial, on behalf of Hines and Ares Real Estate fund, has started building Parkside Commerce Center, a four-building, 809,141-square-foot Class-A industrial complex in Durham, North Carolina, adjacent to Research Triangle Park. The project aims to serve advanced manufacturing, biomanufacturing, warehousing, distribution, and e-commerce companies. It will be delivered in two phases, with Phase I expected by Q4 2027, featuring two large facilities with 36-foot clear heights, and Phase II including two buildings with 32-foot clear heights. The development offers strategic access to major highways and addresses low vacancy rates in the Raleigh-Durham market, providing scalable, functional industrial space for diverse occupiers.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
