Construction & Property News

Get the latest updates on the construction and real estate industries from around the globe. Discover insights on new construction projects, market trends, technological advancements, and major real estate developments. Stay informed and ahead in the industry.

Dec 16, 2025 at 8:01 AM

PPG achieves REDCert² sustainable raw material certification at two key European sites

AMSTERDAM--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that its Architectural Coatings manufacturing sites in Amsterdam, the Netherlands and Søborg, Denmark have received REDCert² certification, which verifies the use of sustainable raw materials through a certified chain of custody. REDCert² uses the mass balance approach, a recognized method for attributing the sustainability value of certified inputs. This ensures that PPG’s products reflect responsible sourcing throughout the manufactu...
Dec 16, 2025 at 8:00 AM

Esri Releases New Book on Workflows for the Human Security and Geospatial Intelligence Field

REDLANDS, Calif.--(BUSINESS WIRE)--Esri, the global leader in location intelligence, has published Security First: Geospatial Workflows for a Safe and Equitable World. Guiding readers through specific exercises and examples, the book demonstrates how GIS can be used to address significant world safety issues while building the technical skills required to work in the field of human security and geospatial intelligence. Through 20 geospatial workflows, Security First covers a breadth of topics f...
Dec 16, 2025 at 8:00 AM

AG Mortgage Investment Trust, Inc. Increases Quarterly Common Dividend 9.5% to $0.23 per Share

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors declared a dividend of $0.23 per common share for the fourth quarter 2025, representing a 9.5% increase over the prior quarter dividend of $0.21 per common share. The dividend is payable on January 30, 2026, to shareholders of record at the close of business on December 31, 2025. Additionally, effective today, the Company has changed its name to TPG Mortgage Inv...
Dec 16, 2025 at 8:00 AM

PERENfra Secures $142.8 Million for Perennial Infrastructure Fund I

DENVER--(BUSINESS WIRE)--PERENfra LLC (“PERENfra”), a leading investor, owner, and operator of water infrastructure is pleased to announce the recent completion of fundraising for its inaugural Perennial Infrastructure Fund I™ (the “Fund”) with an oversubscribed $142.8 million in committed capital. The Fund received strong support from strategic partners such as Garney Equity Holdings and Ferguson Ventures as well as several large single-family and multi-family offices. The Fund invests in gree...
Dec 16, 2025 at 8:00 AM

MAXEX Names John Levonick General Counsel as Company Accelerates Digital Market Transformation

ATLANTA--(BUSINESS WIRE)--MAXEX today announced that John Levonick has joined the company as General Counsel. His appointment reflects the increasingly strategic role of legal, regulatory, technology and structural innovation as MAXEX advances its mission to transition the mortgage secondary market from analog to digital. Levonick brings more than 25 years of experience as a CEO, General Counsel and Chief Compliance Officer. He is widely recognized as an entrepreneur and innovator in the financ...
Dec 16, 2025 at 8:00 AM

Washington Flooding: Redfin’s Latest Flood-Risk and Housing Data as Atmospheric River Sweeps State

SEATTLE--(BUSINESS WIRE)--Torrential rainfall over the past week has caused many of Washington State’s rivers to overflow, flooding scores of homes and triggering power outages and mudslides across the state. Skagit County and Snohomish County, both located north of Seattle, have been hit especially hard. In Skagit County, 22,810 homes—or 28.6%—face high flood risk, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s the fourth-highest number among the 39...
Dec 16, 2025 at 8:00 AM

Woodchuck Secures Growth Investment to Accelerate AI-Powered Construction Waste Diversion

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Woodchuck, the AI-powered climate-tech startup redefining how construction and manufacturing industries handle wood waste, today announced that Michigan Rise, a venture investment subsidiary of the MSU Research Foundation, has made a growth-round investment to accelerate Woodchuck’s expansion across the United States. The investment underscores the company’s rapid traction with top contractors and its role in reshaping how the construction industry manages...
Dec 16, 2025 at 8:00 AM

New Survey Reveals the Hidden Strain on America's Sandwich Generation

NEW YORK--(BUSINESS WIRE)--A new survey from Finance of America uncovers the growing challenges faced by the “Sandwich Generation,” a segment of Americans caring for both aging parents and children. One-third of Americans aged 40-60 report feeling significant emotional, physical, and financial strain as they try to balance these dueling responsibilities. Within this group, men feel more financial pressure and women are more inclined to bear emotional and physical caregiving burdens. “The emotio...
Dec 16, 2025 at 7:51 AM

Electric Cordless Lawn & Garden Tools Market Report, 2025-2032 - Commercial Landscaping Organizations Prioritizing Electric Fleet Upgrades to Comply With Stricter Environmental and Noise Regulations - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Electric Cordless Lawn & Garden Tools Market - Global Forecast 2025-2032" report has been added to ResearchAndMarkets.com's offering. The electric cordless lawn and garden tools market is rapidly transforming landscaping and grounds maintenance for both residential and commercial users, driven by sustainability and evolving technology. Industry leaders recognize the sector's role in shaping modern outdoor practices and are realigning strategies to seize growth...
Dec 16, 2025 at 7:00 AM

Ram Announces Sale of Two Retail Assets in North Carolina

PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Ram Realty Advisors (“Ram”), a real estate investment management firm specializing in multifamily, grocery-anchored retail, and mixed-use in select high-growth markets throughout the Southeast, today announced the disposition of two retail assets in North Carolina: Elliott Square in Chapel Hill and Midtown Corner in Raleigh. Elliott Square, a 69,000-square-foot retail center in Chapel Hill, was acquired by Ram in 2016 and sold following a fully markete...
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