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This week’s round-up features green financing of hotels,
efforts of the European Union to protect critical infrastructure,
initiatives surrounding the IIJA to advance equity for historically
disadvantaged businesses, and more.
- Commercial real estate experts and developers are anticipating
the demand for industrial space, which has
outpaced supply over the past few years, to ease as interest rates
creep higher. (Kate Carlson, MiBiz) - Six state department of transportation (DOT) heads have signed a pledge to create more contracting
opportunities for historically disadvantaged businesses as it
relates to the Infrastructure Investment and Jobs Act (IIJA).
(Julie Strupp, Construction Dive) - Green financing of hotels is speculated to be
an important driver for sustainability in the sector, if used
appropriately by its stakeholders. (Kimberly Yoong, Hospitality
Net) - The European Union is increasing efforts to protect critical
infrastructure from acts of sabotage, starting with the energy
sector and followed by communications, transport, and space. (John
Ainger and Alberto Nardelli, Bloomberg) - Despite its value dropping alongside cryptocurrency prices, acquiring virtual property continues to serve
as an attractive investment strategy for buyers looking to claim
land in the Metaverse. (Carly Wanna, Bloomberg) - China’s property market continues to struggle, with billions in bank
loans, interest rate cuts and support for developers doing little
to stimulate the sector. (Yahoo Finance)
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