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CBRE Agrees to Buy Data-Center Contractor Onnec in Deal Worth Up to $1 Billion

CBRE Agrees to Buy Data-Center Contractor Onnec in Deal Worth Up to $1 Billion

by John G. Stevens | Oct 20, 2026 | Commercial Real Estate News, Current News & Events, Tech Trends

CBRE has agreed to pay £460 million, about $610 million, for London-based data-center infrastructure contractor Onnec Group. The company could pay another £300 million ($400 million) if Onnec meets growth targets over several years. The acquisition announced October...
Texas Freezes Data Center Permits as Power, Water and Housing Pressures Collide

Texas Freezes Data Center Permits as Power, Water and Housing Pressures Collide

by John G. Stevens | Sep 23, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market

Texas has put a statewide brake on new data center approvals, a move with implications for land, development, utilities and communities across one of the country’s most active real estate markets. Gov. Greg Abbott on Sept. 21 directed the Texas Commission on...
Report: Blue Owl Capital Planning to Launch Data Center REIT

Report: Blue Owl Capital Planning to Launch Data Center REIT

by Phil Hall | Sep 8, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blue Owl Capital (NYSE: OWL), an alternative asset management firm headquartered in New York City, is reportedly planning to launch a publicly traded real estate investment trust (REIT) focused on data centers. According to a Bloomberg report sourced from unnamed...
Cherokee Nation Bans Hyperscale Data Center Development on Tribal Land

Cherokee Nation Bans Hyperscale Data Center Development on Tribal Land

by Phil Hall | Aug 17, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Cherokee Nation has implemented a ban on hyperscale data center development on tribally owned and trust lands. The tribe’s ruling follows the release of the Principal Chief’s Data Center Task Force Report, which analyzed the economic and environmental impacts of...
Hits and Misses for the Real Estate Week of Aug. 10-14

Hits and Misses for the Real Estate Week of Aug. 10-14

by Phil Hall | Aug 14, 2026 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Data centers are popping up in lower-income neighborhoods, fewer retail stores are shutting down, and British homebuyers are looking for air-conditioned residences. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 10-14....
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