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Real Estate
Real Estate

Vacant Brooklyn site reactivated into USD 48 million supportive housing asset for seniors

A long-vacant site in East Flatbush, Brooklyn, has been converted into a 57-unit affordable and supportive housing asset for seniors, backed by a USD 48 million blended capital stack. The all-electric development integrates on-site health coordination and places 18 units with formerly homeless individuals, signaling continued public investment in housing-linked care models.

2 days ago • United States
Climate & ESG
Climate & ESG

Hitachi Energy and Volvo CE partner to advance zero-emission construction sites

Hitachi Energy and Volvo Construction Equipment have signed a non-exclusive memorandum of understanding to co-develop integrated infrastructure and energy management systems. This partnership aims to accelerate the decarbonization of construction sites by transitioning from isolated electric machinery to fully integrated, emission-free ecosystems.

2 days ago • Sweden
Roads & Highways
Roads & Highways

MDOT schedules $1.5 million bridge replacement on M-129 in Chippewa County

The Michigan Department of Transportation (MDOT) will launch a $1.5 million infrastructure project to replace the aging M-129 bridge in Chippewa County starting May 2026. The initiative aims to enhance roadway safety and structural longevity while supporting regional employment and necessitating strategic detours for commercial traffic near Kinross.

2 days ago • United States
Real Estate
Real Estate

Larsen & Toubro secures high-rise and hospitality construction mandates across three Indian states

Larsen & Toubro’s construction arm has bagged multiple contracts for residential and hospitality developments in Maharashtra, Telangana, and Karnataka. The projects include ultra-high-rise residential towers in Mumbai and Hyderabad, alongside a luxury hotel and villa complex in Karnataka, reflecting robust demand in India’s premium real estate and hospitality sectors.

2 days ago • India
Roads & Highways
Roads & Highways

Makkah region advances transport connectivity with SR 553 million road infrastructure expansion

Saudi authorities have commissioned 10 new road infrastructure projects across the Makkah region with combined investments of SR 553 million. The developments are aimed at strengthening regional mobility, supporting pilgrimage-related transport demand, and improving logistics efficiency within one of the Kingdom’s most strategically significant economic corridors.

2 days ago • Saudi Arabia

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Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.

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