trending Market Intelligence /marketintelligence/en/news-insights/trending/cbZCGKssiJTV9lGMFQPA2Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

SoftBank may take control of WeWork; Brookfield plans new Hawaii project

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

SoftBank may take control of WeWork; Brookfield plans new Hawaii project

Commercial real estate

* SoftBank Group Corp. would invest several billion dollars in WeWork Cos. Inc.'s new equity and debt, becoming the latest funding option for the coworking giant, which faces pressure to raise new financing following a recently postponed IPO, The Wall Street Journal reported, citing unnamed sources.

The Japanese company already owns one-third of WeWork, and the proposal would give it control, according to the publication.

* Brookfield Properties plans to develop a 550-unit residential tower at a corner of its majority-owned 50-acre Ala Moana Center shopping mall in Honolulu, Pacific Business News reported, citing Kris Hui, Brookfield's vice president of mixed-use development. The company is requesting the Ala Moana Neighborhood Board to increase the height limit at the mall to 400 feet from 350 feet.

Hui said 20% of the proposed tower's units would be affordable.

* AG Mortgage Investment Trust Inc. and Lincoln Property Co. paid $85.5 million for two buildings totaling 461,000 square feet near Nashville International Airport in Nashville, Tenn., the Nashville Business Journal reported, citing public records. The properties include Bridgestone Americas Inc.'s former 12-story headquarters at 535 Marriott Drive.

* Cypress Equities plans to develop a 12-story office building and a 24-hour fitness center in west San Jose, Calif., replacing five buildings on the 6.3-acre project site, the Silicon Valley Business Journal reported, citing a site plan. The office building would span more than 275,000 square feet, and the project would also include an eight-story parking garage spanning more than 495,000 square feet.

* The Pinyon Group filed plans with the LA Planning Commission for a 486-unit residential building atop 16,000 square feet of retail space at 151 W. Avenue 34, The Real Deal reported. The developer is attempting to take advantage of the city's Transit Oriented Communities housing incentive program that allows more apartments by lifting density requirements for projects that are located within half a mile from transit stops.

The city had previously approved a 373-unit residential project on the site, which houses an industrial warehouse, the report noted, citing Andrew Brady, the project's representative. Under the new proposal, 66 units would be reserved for very low-income housing.

* Lodging real estate investment trust Service Properties Trust acquired the Kimpton Palomar Hotel in Chicago for $55.0 million.

After the bell

* WeWork's bankers are looking to close a new debt financing package as soon as the week of Oct. 14, as The We Co. unit faces pressure to raise new financing by the end of November following a recently postponed IPO, London's Financial Times reported, citing two people briefed on the fundraising efforts.

The day ahead

Early morning futures indicators pointed to a lower opening for the U.S. market.

In Asia, the Hang Seng advanced 0.81% to 26,521.85.

In Europe, around midday, the FTSE 100 slipped 0.54% to 7,208.26, and the Euronext 100 was down 0.79% to 1,085.52.

On the macro front

No notable reports are due out today.

Click here to read about today's financial markets, setting out the factors driving stocks, bonds and currencies around the world ahead of the New York open.

The Daily Dose has an editorial deadline of 7 a.m. ET. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.