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Construction, infrastructure, engineering and property development news from Kenya, Africa and international markets.

Top Manhattan Office Tower Lands $1.65 Billion Loan Despite Sector Slump
Construction ReviewNews

Top Manhattan Office Tower Lands $1.65 Billion Loan Despite Sector Slump

One Madison Avenue has secured a $1.65 billion refinancing — the largest U.S. office CMBS deal in the past 12 months — as lenders signal they are still willing to back fully leased, prime assets even as much of the office market struggles…

3 min read
Duke Energy Secures Approval for $3.2B Gas Power Plant in South Carolina
Construction ReviewNews

Duke Energy Secures Approval for $3.2B Gas Power Plant in South Carolina

Duke Energy has received approval from the Public Service Commission of South Carolina to build a $3.2 billion natural gas-fired power plant in Anderson County, marking the utility’s first new generation project in the state in more than a…

2 min read