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 15, 2026 at 10:09 AM

Whidbey Island Family Housing Completes Major LED Lighting Upgrade, Delivering Zero-Cost Energy Savings and Enhanced Community Safety

OAK HARBOR, Wash.--(BUSINESS WIRE)--Hunt Military Communities’ Whidbey Island Family Housing has successfully completed a large-scale LED lighting upgrade across the community, replacing outdated fluorescent technology in kitchens, laundry rooms, and garages throughout all 1,148 homes. The project, completed on time and at no cost to the property, delivers lasting benefits for residents, reduces the community’s environmental footprint, and reflects Hunt’s ongoing commitment to high-quality home...
May 15, 2026 at 9:00 AM

RH CHAIRMAN & CEO GARY FRIEDMAN PENS A LETTER TO MILAN, ANNOUNCING THE OPENING OF RH MILAN, THE GALLERY ON THE CORSO VENEZIA, SEVEN LEVELS OF FURNITURE, DESIGN, FOOD & WINE

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today that Chairman & CEO Gary Friedman penned a letter to the city and people of Milan announcing the recent opening of RH Milan, The Gallery on the Corso Venezia, Seven Levels of Furniture, Design, Food & Wine. The letter, brought to life in a dramatic video, is a gesture of respect and recognition that, “In Milan, the measure is mastery. This we know and have designed accordingly.” To view the full announcement and watch...
May 15, 2026 at 8:30 AM

Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.70 per Share

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), one of North America’s leading equipment rental suppliers operating through Herc Rentals Inc. (“Herc Holdings,” “Herc Rentals” or the “Company”), today announced that its Board of Directors has declared the Company’s quarterly dividend of $0.70 per share. The dividend is payable on June 12, 2026, to shareholders of record as of May 29, 2026. About Herc Holdings Inc. Founded in 1965, Herc Holdings Inc., which operates through...
May 15, 2026 at 8:30 AM

CitroTech Provides Business Update

DENVER--(BUSINESS WIRE)--CitroTech Inc. (NYSE AM: CITR), a leading specialty chemical company delivering environmentally-safe fire inhibitor solutions, today announced financial results for the first quarter ended March 31, 2026 and provided a business update highlighting continued progress toward broad commercialization. “CitroTech has reached a meaningful inflection point having transitioned from technology validation to the early stages of commercial deployment,” said Wes Bolsen, Chief Execu...
May 15, 2026 at 8:00 AM

CIM Group Launches Permanent Power Company, Announces Power Purchase Agreement and $400 Million Financing Commitment

LOS ANGELES--(BUSINESS WIRE)--CIM Group launches Permanent Power Company a national power platform...
May 15, 2026 at 8:00 AM

Slate Grocery REIT Announces Distribution for the Month of May 2026

TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of May 2026 of U.S.$0.072 per class U unit of the REIT ("Class U Units"), or U.S.$0.864 on an annualized basis. Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election. Holders of cl...
May 15, 2026 at 8:00 AM

LogProstyle Announces Special Dividend of US$519 Thousand (US$0.022 per Share)

TOKYO--(BUSINESS WIRE)--LogProstyle Inc. (NYSE American: LGPS) (the “Company” or “LogProstyle”), headquartered in Minato-ku, Tokyo, Japan, today announced that its Board of Directors, at a meeting held on May 15, 2026, resolved to declare a cash dividend to be funded by the remaining unused portion of the Company’s previously discontinued authorized share repurchase program in the aggregate amount of US$519 thousand, or US$0.022 per share (*approximately JPY81 million in total and JPY3.45 per s...
May 15, 2026 at 7:30 AM

APi Group Announces Closing of Previously Announced Financing Transactions

NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) ("APi" or the "Company") today announced the closing of two previously announced financing transactions: a private offering of $500 million in aggregate principal amount of 5.75% senior notes due 2034, and an amendment to the Company's existing credit agreement (the "Amendment"), which extends the maturity of the Company's Term Loan B facility to 2033 and upsizes and extends the Company's revolving credit facility to $1.0 b...
May 15, 2026 at 6:56 AM

Kontrol Technologies Announces First Quarter 2026 Financial Results

TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (CBOE.CA:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol Technologies" or "Kontrol" or "Company") announces its results for the three months ended March 31, 2026. A complete set of the Financial Statements and Management's Discussion & Analysis have been filed on SEDAR (www.sedarplus.ca). First Quarter 2026 Highlights Revenues for the three months ended March 31, 2026 were $1.3 million, compared to $1.5 million for the same quarter in the prior ye...
May 15, 2026 at 6:45 AM

Ferguson Files Form SD

NEWPORT NEWS, Va.--(BUSINESS WIRE)--On May 14, 2026, Ferguson Enterprises Inc. (the "Company") filed a Form SD with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website at corporate.ferguson.com/investor/financial-information/sec-filings. May 14, 2026 – Form SD About Ferguson Ferguson (NYSE: FERG; LSE: FERG) is North America’s largest value-added distributor of essential water and air solutions,...
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