Corporate/Finance: Page 3

  • Canada Prime Minister Mark Carney (right) and U.S. President Donald Trump (left) speak at the G7 Summit in Kananaskis, Alberta, on June 16, 2025.
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    Chip Somodevilla via Getty Images
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    Canada threatens further tariffs on US steel, aluminum

    The exact new rate will depend on progress made toward a tariff deal with the Trump administration that is slated to begin July 21.

    By Phil Neuffer • June 23, 2025
  • JLL, C&W, Colliers, Johnson Controls
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    For the big players in facilities management, a good quarter

    Despite tariff uncertainty and recent reorganizations, the four largest U.S. commercial real estate brokerages — CBRE, JLL, Cushman & Wakefield and Colliers — reported strong growth in the first quarter. 

    By • May 16, 2025
  • A real estate agent shows a prospective tenant an office space, as a building technician works on fixing a light in the background.
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    HqO launches platform to link building operations, tenant experience and financial outcomes

    The platform aims to unify disconnected data and processes and provide a system of record for tenant experience that can help inform asset value and decision-making.

    By • May 15, 2025
  • An office in the midst of a conversion.
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    Building obsolescence risks can help guide renovation planning: JLL

    Deep retrofits of central business district office assets can generate well over $3,500 per square meter while saving upwards of 60% on energy costs, the company says.

    By • May 12, 2025
  • The logo for Jones Lang LaSalle Incorporated (JLL) on a skyscraper in downtown Pittsburgh, Pennsylvania.
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    "Jones Lang LaSalle (JLL) in Pittsburgh, Pennsylvania" by Tony Webster is licensed under CC BY-SA 2.0
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    JLL sees successful Q1 for new real estate management services segment

    The company benefited from growth in its workplace and project management businesses, along with a broader recovery in the office sector, but it won’t predict future market conditions. 

    By • May 9, 2025
  • building solutions, data center cooling, Joakim Weidemanis
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    Sean Gallup via Getty Images
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    Tariff impacts are manageable, Johnson Controls says

    The building solutions company is also confident it can manage increased competition in the data center cooling market, executives said in an earnings call this week.

    By Brian Martucci • May 8, 2025
  • The Colliers headquarters in Silicon Valley, California.
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    Colliers’ engineering segment booms, but tariffs postpone long-term leasing decisions

    Talk about tariffs on services raises an additional concern for the company, although its decentralized structure could help it avoid higher costs, executives said. 

    By • May 7, 2025
  • An HVAC worker is seen to perform heat pump maintenance
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    Energy-as-a-service vs. energy performance contracts: a primer

    Both models can provide energy efficiency upgrades with no upfront costs, but asset ownership is one point on which they diverge.

    By • May 1, 2025
  • Sign spelling Cushman & Wakefield
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    Permission granted by Cushman & Wakefield
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    Cushman & Wakefield unfazed by tariff uncertainty, bolsters services

    The company’s services business is now mostly mechanical and engineering, after being known as a janitorial business, CEO Michelle MacKay said. 

    By • April 30, 2025
  • Hot desking in coworking office
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    Coworking space grows nationwide, but prices and size trends vary

    Demand for space from hybrid teams, solo workers and enterprise clients will likely continue to drive expansion in top-tier cities as well as previously overlooked metro areas, CoworkingCafe says.

    By • April 29, 2025
  • The exterior of CBRE's office in Warsaw, Poland.
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    CBRE’s property management surges, but tariffs cloud company outlook

    The firm saw outsized growth in its local facilities management business in the U.S., and noted immediate wins from a reorganization that took place earlier this year.

    By • April 25, 2025
  • commercial property management, Newmark
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    Newmark to combine property, facilities management

    The move is seen as a way to boost recurring revenue by making it easier to expand what the company offers building owners and to cross sell them services.

    By • April 15, 2025
  • A commercial real estate leasing agent gives a tour inside an empty office.
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    Office demand remains resilient in Q1, despite economic uncertainty

    Sublease availability and new construction deliveries continue to decline, creating the conditions for “cautious optimism” in the sector, Cushman & Wakefield says. 

    By • April 15, 2025
  • A modern office with glass windows looking over a green outdoor courtyard.
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    Organizations prioritize sustainability, but they’re slowed by manual data processes

    A slowdown in federal sustainability mandates is pushing building operators to focus on reduction initiatives, Atrius says.

    By • April 14, 2025
  • The exterior of Brockton, Massachusetts, City Hall.
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    "City Hall" [Photograph]. Retrieved from City of Brockton, Massachusetts.
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    Brockton, Mass., leverages energy savings contract to preserve, improve two historic buildings

    New window, lighting and HVAC systems aim to reduce energy and improve air quality, including in one building that has been unusable in extreme weather. 

    By • April 11, 2025
  • The entrance to Sodexo's headquarters.
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    Sodexo sees wins, and delays, in healthcare sector in H1 FY25

    As part of a new contract with AtlantiCare, Sodexo will use a centralized system to provide on-demand, hotel-style patient meal ordering, the company said.

    By • April 10, 2025
  • Brian Bernard, Morningside, HVAC, Carrier, Trane, tariffs
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    Andrew Harnik via Getty Images
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    Amid tariff war, Mexican factories work in HVAC makers’ favor, analyst says

    The USMCA agreement protects almost half of the commercial products of the biggest HVAC manufacturers from tariffs, which could help keep prices down, a Morningstar analyst says.

    By • April 9, 2025
  • building repair maintenance
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    Samuel Corum via Getty Images
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    Facility managers appreciate flexibility in work, despite long hours

    While budgets have increased, many facility teams struggle to juggle the rising costs of repairs. Despite this, many feel satisfied with their role and would recommend the career, a survey says.

    By • April 4, 2025
  • A view of windows that show renovation work in an office of a commercial building
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    Fit outs set to increase as new construction slows

    Companies interested in leasing high-quality offices will need to consider fit outs, despite rising commodity and labor costs expected across the U.S.

    By • April 2, 2025
  • Contractor construction engineer meeting together on architect table at construction site.
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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 • March 13, 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 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 • March 7, 2025
  • Ameresco Canada office
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    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 • March 4, 2025
  • A street lined with restaurants and shops.
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    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 • Feb. 26, 2025
  • Schneider Electric, data centers, 2024 earnings, Blum, Maxson
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    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
  • A Cushman & Wakefield signboard in Markham, Ontario, Canada.
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    "Cushman & Wakefield sign" by Raysonho is licensed under CC BY 1.0
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    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 • Feb. 20, 2025