Corporate/Finance
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VendorPM adds contracts to vendor management platform
With the new module, contracts, compliance and other functions are managed in a single workflow, improving visibility and reducing risk, the company says.
By Joe Burns • March 13, 2025 -
CBRE draws on company veterans to lead Americas property management business
The appointments will help lead the part of the Building Operations & Experience segment the property management giant created in January.
By Joe Burns • March 7, 2025 -
Ameresco buffs up smart building solutions with ASA Controls acquisition
The company says it’s prepared to meet increased market demand despite a pullback in its federal government business.
By Joe Burns • March 4, 2025 -
JLL launches consumer goods, services division in push to improve real estate experience
The firm says the move reflects a growing focus on experiences by consumers and efforts by organizations to ensure “they are getting the most out of their real estate.”
By Joe Burns • Feb. 26, 2025 -
Schneider Electric books strong 2024 revenue, earnings growth amid data center boom
DeepSeek’s more computing-efficient AI models have not affected hyperscalers’ expansion plans, but U.S. trade policy bears watching, company executives say.
By Brian Martucci • Feb. 24, 2025 -
Cushman & Wakefield sees strong leasing revenue growth in Q4
Growth in leasing, led by return-to-office actions, and other segments helped to offset a decline in services revenue, the firm said.
By Joe Burns • Feb. 20, 2025 -
JLL benefits from increased Q4 leasing volume
The company’s North America office leasing volumes were up 16% year over year during the quarter, due to higher office attendance and improved clarity on future space needs, JLL says.
By Joe Burns • Feb. 19, 2025 -
CBRE facilities management revenue surges over 16% in Q4 2024
The company expects further improvements in the segment as it restructures its business lines to improve synergy across its building management verticals, CEO Bob Sulentic says.
By Joe Burns • Feb. 13, 2025 -
Carrier unveils data center strategy, growth in Q4 HVAC sales
HVAC in the Americas supplied about 40% of the company’s orders. Carrier plans to expand output to meet rising demand, CEO David Gitlin said.
By Joe Burns • Feb. 12, 2025 -
Ameresco secures $140M energy savings project at the Denver Federal Center
The project is funded via the Inflation Reduction Act, however, which the Trump administration is working to rescind.
By Benton Graham • Feb. 11, 2025 -
With new team, ISS aims to make big push into US FM market
One of Denmark’s largest companies is leveraging a reorganization and a slate of industry veterans to reintroduce its bundled services to U.S. facilities managers.
By Robert Freedman • Feb. 10, 2025 -
Colliers sees 61% jump in Q4 2024 engineering revenues
The company says it is seeing a cyclical recovery in its real estate services segment. Long-term tailwinds in infrastructure spending will make the “noise” around U.S. government spending immaterial, it adds.
By Joe Burns • Feb. 10, 2025 -
Data centers drive Modine’s Q3 growth; CEO sees no DeepSeek ‘slowdown’
The company’s Scott Springfield Manufacturing acquisition and robust cooling distribution unit demand offset tariff and foreign-exchange risks, executives said Wednesday.
By Brian Martucci • Feb. 7, 2025 -
Johnson Controls’ North American orders grew 18% in first quarter
Demand across data centers, healthcare, and industrial and manufacturing helped the company’s backlog reach $13.2 billion.
By Joe Burns • Feb. 6, 2025 -
Trump delays tariffs on Canada, Mexico; China strikes back at US
The president reached agreements to delay tariffs on both of the nation’s neighbors in exchange for increased border security, while China added its own tariffs on U.S. fossil fuels and other products.
By Philip Neuffer • Updated Feb. 4, 2025 -
Trane Technologies saw growth across most commercial HVAC verticals in 2024
Commercial HVAC and applied systems drove a double-digit increase in the company’s revenue last year.
By Joe Burns • Jan. 31, 2025 -
Trump funding freeze leaves IIJA, IRA projects in limbo
New executive orders could halt promised funding and stop infrastructure and environmental projects that are already underway, legal experts say.
By Julie Strupp • Jan. 29, 2025 -
High-quality and downtown office buildings will shine in modest CRE recovery: CBRE
Occupiers are making location and space decisions with “more confidence than they’ve had in years,” one CBRE research director said on a webinar.
By Joe Burns • Jan. 24, 2025 -
Trump freezes IRA funding disbursement
The White House issued a memo Tuesday to clarify the funding pause, specifying that it pertains only to aspects of the law mentioned in Section 2 of the executive order.
By Kate Magill • Updated Jan. 23, 2025 -
JLL establishes energy advisory and sustainability practice
The team will provide technical expertise on energy sourcing, efficiency and end-use optimization across the company’s business lines.
By Joe Burns • Jan. 17, 2025 -
Adaptive reuse breathes new life into abandoned schools
Repurposed school buildings are home to a variety of groups, including artisans, local governments and restaurants. But funding and getting public buy-in for these projects isn’t always easy.
By Amanda Loudin • Jan. 15, 2025 -
CBRE to take full ownership of Industrious for $400M, consolidate its FM businesses
The commercial services firm says the transaction and restructuring will help it unify building operations, workplace experience and property management.
By Joe Burns • Jan. 15, 2025 -
Treasury finalizes guidance for IRA’s tech neutral, clean electricity tax credits
They’re “the most important clean energy tax credits ever enacted,” said Brad Townsend, vice president of policy and outreach at the Center for Climate and Energy Solutions.
By Diana DiGangi • Jan. 10, 2025 -
JPMorgan RTO and headquarters plans highlight financial services firms’ prioritization of the office
With many firms pushing for more stringent office attendance, the bank’s plans underscore a growing focus on employee experience and the role of operations in workplace efficiency.
By Joe Burns • Jan. 9, 2025 -
Retrieved from Black Desert Resort on January 09, 2025Deep Dive
C-PACE financing can make energy efficiency upgrades more affordable – if it’s available
Interest rates as low as 7% make C-PACE attractive for building improvement projects, some experts say. But conditions for accessing it vary widely by state.
By Nish Amarnath • Jan. 9, 2025