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.
May 29, 2026 at 8:15 AM
MidOcean Partners Signs Definitive Agreement to Sell Zonda to CoStar Group
NEW YORK--(BUSINESS WIRE)--MidOcean Partners (“MidOcean” or the “Firm”), a premier New York-based alternative asset manager specializing in middle market private equity, alternative credit, and structured equity, announced today the signing of the sale of Bora, Inc. and its subsidiaries (collectively, “Zonda” or the “Company”) to CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group”). Zonda is the #1 data, marketplace, and software platform for the new home ecosystem. Zonda’s end-to-end platform sp...
May 29, 2026 at 8:00 AM
CoStar Group to Acquire Zonda, the Leader in New Home Data, Analytics, and Online Marketplaces
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics across the property markets, today announced that it has entered into a definitive agreement to acquire Zonda, a leading provider of new home construction data, homebuilder software, and residential real estate marketplaces, for $800 million in cash. Zonda serves more than 3,000 customers across the homebuilding ecosystem, including many of the la...
May 29, 2026 at 6:15 AM
Natuzzi Announces Resignation of a Board Member, Pietro Labriola
SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--NATUZZI ANNOUNCES RESIGNATION OF A BOARD MEMBER, PIETRO LABRIOLA...
May 29, 2026 at 3:00 AM
Meilleurtaux Accelerates AI Strategy as First Broker to Launch Mortgage Lending App on ChatGPT in France
PARIS--(BUSINESS WIRE)--Meilleurtaux, a leading omnichannel financial services brokerage platform (credit, insurance, investments), announced today the launch of a dedicated mortgage lending app directly within ChatGPT, OpenAI’s artificial intelligence platform, which now has several hundred million active users worldwide. With this new service, Meilleurtaux reaches another milestone in its “AI First” strategy and reinforces its commitment to supporting French consumers in the adoption of artif...
May 28, 2026 at 11:30 PM
Winning Its Third Consecutive Plus X Award, EZVIZ Made a Strong Testament to Its User-centric Smart Home Innovation That Makes Impacts
HOOFDDORP, Netherlands--(BUSINESS WIRE)--EZVIZ, a smart home brand driven by innovation, announced that it has received recognition from the distinguished Plus X Award as the Design Innovator 2026 in smart home technology. Having taken home two accolades with its flagship smart video doorphone HP7 and the smart entry family, the brand maintains a strong presence at the Plus X Award and has been selected by the jury as the winner in the smart home category this year. The award reaffirms EZVIZ’s...
May 28, 2026 at 10:35 PM
FCPT Announces a Single Property Asset Exchange with Darden Restaurants
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce a single property asset exchange with Darden Restaurants (“Darden”). Under the asset exchange agreement, FCPT transferred ownership of a recently closed Bahama Breeze property in Michigan to Darden and in exchange Darden transf...
May 28, 2026 at 8:21 PM
Industrias Unidas, S.A. de C.V. Consolidated Results of Operations for Q1 2026
MEXICO CITY--(BUSINESS WIRE)--Industrias Unidas, S.A. de C.V. (“IUSA” or the “Company”) has announced its unaudited results for the three months ended March 31 of 2026. Figures are unaudited and have been prepared in accordance with Mexican Financial Reporting Standards (“MFRS”), which are different in certain respects from Generally Accepted Accounting Principles in the United States (“U.S. GAAP”). The results from any interim period are not necessarily indicative of the results that may be ex...
May 28, 2026 at 7:24 PM
Douglas Emmett Declares Quarterly Cash Dividend
SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on July 15, 2026 to shareholders of record as of June 30, 2026. About Douglas Emmett, Inc. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and...
May 28, 2026 at 7:03 PM
Western Window Systems donates product to C4 Foundation project in support of active-duty Navy SEALs and their families
MESA GRANDE, Calif.--(BUSINESS WIRE)--Western Window Systems, part of the MITER Brands portfolio and a leading manufacturer of moving glass walls and windows that bring indoor and outdoor spaces together, with the support of MITER Foundation, its charitable arm, recently donated more than 40 windows and doors to C4 Foundation, a 501(c)(3) nonprofit that supports active-duty Navy SEALs and their families. The windows and doors will be used in the construction of six new bungalows at the C4 Ranch...
May 28, 2026 at 6:49 PM
Strategic Storage Trust VI, Inc. Announces Opening of New Self-Storage Facility in Greater Montréal Area
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI” or the “Company”), a publicly registered non-listed real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), in partnership with SmartCentres (TSX: SRU.UN), is pleased to announce the opening of its second self-storage facility in the Greater Montréal Area. Located at 5500 Rue Notre-Dame Ouest in Montréal, Québec, the facility occupies a highly visible...
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