Corporate/Finance


  • technician man working inside big data center room
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    CBRE pays $1.2B to expand data center, critical power system capabilities

    The deal will help CBRE service data centers, power and energy assets and other facilities requiring uninterrupted power, its building operating segment chief says. 

    By Nov. 6, 2025
  • The facade of a JLL office.
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    JLL posts 10% revenue gains amid AI push

    The company saw strong growth in workplace management and leasing during Q3. It plans to integrate its software and technology business within real estate services to boost efficiency, CEO Christian Ulbrich says. 

    By Nov. 5, 2025
  • data centers, Comfort Systems USA, Emcor, William Blair, Mulrooney
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    Nathan Howard via Getty Images
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    How MEP contractor Comfort Systems USA leveraged Lego-like model to drive 15x growth

    The company’s investment in volumetric modular construction capabilities makes it a go-to mechanical contractor for companies racing to build data centers or reshore manufacturing.

    By Nov. 4, 2025
  • Schneider Electric, Q32025, energy management
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    Courtesy of Schneider Electric
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    Schneider Electric sees energy management demand drive strong quarter

    Data center, hotel and retail customers snapped up Schneider’s software, systems and services as it readies new energy technology market positioning.

    By Brian Martucci • Nov. 3, 2025
  • Honeywell's logo.
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    Kevin Dietsch via Getty Images
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    Honeywell completes spinoff of refrigerant maker Solstice

    By spinning off the company, Honeywell can focus on being a “pure-play automation company,” CEO Vimal Kapur said.

    By Shefali Kapadia • Oct. 30, 2025
  • Sign spelling Cushman & Wakefield
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    Permission granted by Cushman & Wakefield
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    Cushman & Wakefield benefits from flight to quality, service improvements

    The firm saw third quarter growth in management and leasing and expects more gains as it bolsters its engineering and data center capabilities, CEO Michelle MacKay said. 

    By Oct. 30, 2025
  • Carrier
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    Courtesy of Carrier Global Corp.
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    Strong commercial HVAC sales help Carrier offset residential weakness

    The company’s data center business is expected to double by year’s end. Its applied and aftermarket businesses are also doing well, while light commercial dipped as small businesses struggle. 

    By Oct. 29, 2025
  • building automation
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    Spencer Platt via Getty Images
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    Honeywell spin-off plans leave building automation at core

    The industrial conglomerate is focused on 2026, when it will finalize a split into three companies, including an automation pure-play involving its building and industrial service offerings. 

    By Brian Martucci • Oct. 24, 2025
  • Upward view of a modern glass and steel office building with the CBRE logo prominently displayed on a sign at the entrance. The structure features reflective blue-tinted windows, and another curved building is reflected in the glass façade.
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    Alamy
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    CBRE sees strong growth led by record Q3 leasing and data center expansion

    The firm’s building operations segment increased revenue by double digits, adding to continued recovery in leasing, project management and cost consultancy across sectors. 

    By Updated Oct. 27, 2025
  • A campus building etched with the Massachusetts Institute of Technology's name.
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    Maddie Meyer via Getty Images
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    Judge strikes down federal indirect cost cap hurting college facilities

    University facilities managers’ budgets often pull from federal funds that support research. The ruling gives FMs a reprieve from the Administration’s effort to limit this source of money. 

    By Oct. 21, 2025
  • Lennox, Supco, Duro Dyne
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    With acquisition, Lennox becomes big seller of HVAC parts

    The industry giant is expanding its component sales at a time when manufacturers are passing along price increases of close to 10% in large part because of tariffs.

    By Oct. 17, 2025
  • 2026 conferences for facilities managers
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    Facilities management conferences of note in 2026

    Next year’s facilities management conferences will cover best practices for managing building systems, leveraging technology, recruiting and retaining talent and navigating market conditions. 

    By Sept. 30, 2025
  • The exterior of OEM Controls' facility with a driveway and trees in the foreground.
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    Retrieved from Budderfly on September 30, 2025
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    With deal, Budderfly looks for EaaS growth in manufacturing sector

    The energy-as-a-service model can help manufacturers improve their resiliency while lowering their costs and reducing their emissions, CEO Al Subbloie says. 

    By Sept. 30, 2025
  • A sustainable green coworking office space
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    Healthy buildings offer bottom-line benefits to building owners, report finds

    Improved ventilation, lighting and thermal comfort can provide more than $50 per square foot in productivity gains and support rent premiums, the International WELL Building Institute says. 

    By Sept. 23, 2025
  • A real estate broker showing empty office space to clients.
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    Leasing, services lead to steady quarterly earnings for big FM firms

    Commercial services firms saw success in office and industrial leasing activity, while major building control and automation companies worked through tariff impacts, according to earnings reports.

    By Aug. 15, 2025
  • An engineer checks the installation of  heat pump on a model house.
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    Getty Images
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    Heat pump adoption expected to grow despite federal shift

    The One Big Beautiful Bill Act accelerates a move toward affordability, ease of installation and retrofit readiness, according to one manufacturer.

    By Aug. 14, 2025
  • Group of professionals collaborating in a bright, modern office space designed for co-working and teamwork.
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    Getty Images
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    Office occupiers seek ways to improve vibrancy of space: CBRE

    Workers that go into the office when it’s only partially full don’t find the environment appealing and are less likely to return the next day, the firm reports. 

    By Aug. 11, 2025
  • Yao Morin, commercial real estate facilities management, AI
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    JHVEPhoto via Getty Images
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    JLL sees continued demand for increasingly scarce energy efficient assets

    Strong growth in workplace, property and project management drove an increase in the firm's real estate services revenue during the second quarter. 

    By Aug. 6, 2025
  • The New York Stock Exchange facade with a large ad that reads "Cushman & Wakefield, What's Next."
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    Alamy
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    Cushman & Wakefield sees success in services retention, leasing in Q2

    The firm has benefited from a flight to quality in office and industrial markets, with companies continuing to make deals despite tariff-driven volatility, CEO Michelle MacKay says.  

    By Aug. 5, 2025
  • A Colliers' leasing sign outside of an office building.
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    Permission granted by Joe Burns
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    Colliers engineering segment grows 67% in Q2

    The firm secured contracts for infrastructure development and large-scale projects in the private sector and expects leasing to tick up.

    By Aug. 1, 2025
  • data center energy management
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    Courtesy of Schneider Electric
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    Data centers drive Schneider Electric gains as tariffs bite

    The company expects its pricing power to help it offset tariff impacts and inflation over the next quarters.

    By Brian Martucci • Aug. 1, 2025
  • Johnson Controls,  HVAC, data centers, tariffs
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    Sean Gallup via Getty Images
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    Data center demand buoys Johnson Controls’ Q3 earnings

    Tariff impacts were noticeable but manageable on strong internal execution, the company says. Looking to the fourth quarter, it’s taking a conservative view.

    By Brian Martucci • July 30, 2025
  • A front reception desk at a CBRE office.
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    "CBRE reception" by EG Focus is licensed under CC BY 2.0
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    CBRE’s building operations, project management and leasing segments surge

    The firm’s resilient businesses, including facilities management, grew faster than transactional revenue, which also performed well as companies executed growth plans.

    By July 29, 2025
  • Limbach, Pioneer Power, Consolidated Mechanical
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    With acquisition, Limbach pushes into long-term facility services

    By adding Pioneer Power to its operations, the specialized facility solutions company is furthering a shift to maintenance and other agreements with building owners.

    By Updated July 14, 2025
  • Longworth Congressional Building
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    Win McNamee via Getty Images
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    Utilities, energy developers back Senate’s more lenient tax credit timeline

    A powerful coalition of trade associations and energy groups thanked senators for rolling back some of the House version’s deepest cuts, but the two chambers will need to agree on a final bill.

    By Brian Martucci • June 26, 2025