Even amid a pandemic, the construction pipeline for data centers in the U.S. has kept growing. While in 2019, 4.92 million Relative Byte Address (RBA) sq. ft. of data centers were built and renovated, according to CoStar Advisory Service, last year the figure rose to 6.78 RBA million sq. ft.
The pact allows for Libor to automatically be yanked from hundreds of trillions of dollars of interest-rate swaps, futures and options and replaced with another rate.
Boosted by vaccinations and a resulting drop in cases at seniors housing facilities, REITs in that sector have begun to rebound, reports McKnight’s Senior Living. Commercial Observer looks at how investors are using proptech to help make their buildings greener. These are among today’s must reads from around the commercial real estate industry.
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