OpenAI is partnering with the United Arab Emirates (UAE) firm G42 to construct a 1-gigawatt artificial intelligence (AI) data center in Abu Dhabi. The new project, dubbed Stargate UAE, will be OpenAI’s first data center project outside of the United States. The first...
Australia’s plan to build 1.2 million new homes by 2029 is falling short of its goals, according to the State of the Housing System 2025 report published by the government’s National Housing Supply and Affordability Council (NHSAC). The council’s report predicts...
Diverso Energy, the Canadian geothermal Energy-as-a-Service (EaaS) provider, has partnered with Mattamy Homes in a joint venture with Diverso becoming the exclusive provider of geothermal services to select Mattamy residential developments across Canada. The new...
eXp Realty, the subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), has expanded its global presence with the launch of operations in Ecuador. The new office will be led by Kléver Guanoluisa Torres, who previously led the RE/MAX team in Ecuador. “Kléver’s reputation...
Canada’s unlikely new housing minister, two high profile property sales where the sellers took a big loss, and HUD’s commitment to Indian Country housing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 12-16. Miss: The...
The number of sales recorded over Canadian MLS Systems was unchanged (-0.1%) between March and April, pausing the trend of declining activity since the beginning of the year. According to the Canadian Real Estate Association (CREA), actual (not seasonally adjusted)...
