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Oxford to acquire $2.8B KKR industrial portfolio in U.S.

Don Wilcox Commercial Transactions International Aug. 17 2021

Oxford Properties Group is continuing its industrial asset class expansion with an agreement to purchase a 14.5-million-square foot U.S. portfolio from another global investment giant, KKR, for almost $2.8 billion (all figures Cdn). The portfolio includes 149 infill and light

Cost overruns, delays plague development, but tech can help: Procore

Steve McLean Commercial Development National Aug. 17 2021

Most construction projects are delivered late and significantly over budget compared to the owners’ original plan, according to a new U.S. and Canadian survey. Procore Technologies, Inc., a California-headquartered provider of construction management software, commissioned the survey by market intelligence

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