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Notre Dame de Namur University, a historic Catholic institution, announced Tuesday it reached a deal for the University of California to purchase its 100-acre Belmont campus. UC’s investment arm will lease the current facilities back to Notre Dame de Namur University for five years as part of the agreement, according to a news release. NDNU officials said the deal would provide time for UC to plan its long-term use of the property and for NDNU to find a new location in San Mateo County. Details about UC’s future plans or...

TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the May 2025 distribution rate for Purpose Global Bond Fund - ETF Units. The May 2025 distribution for Purpose Global Bond Fund - ETF Units will be paid in June 2025. The following table reflects the final distribution amount for the May 2025 distribution for Purpose Global Bond Fund - ETF Units. Ex-distribution date for the May 2025 distribution is June 3, 2025.Open-End Fund Ticker SymbolFinal distributionper unitRecord DatePayable DateDistribution Get the latest news delivered to...

Walmart seems to be on a shopping spree of its own when it comes to acquiring real estate in western Pennsylvania. On the heels of grabbing the Monroeville Mall last year for a hefty $35 million, the retail giant has now scooped up the Bethel Park Shopping Center for $39.6 million. Real estate records divulge that Wal-Mart Real Estate Business Trust, an affiliate of Walmart, laid out the cash for the almost 22-acre shopping plaza earlier this month, as reported by CBS News Pittsburgh. This move, though substantial, is not ushering...

Gov. Ned Lamont and legislative leaders cleared a big hurdle last week on their way to adopting a new state budget when they compromised on the spending cap. Another key obstacle was removed Friday when the administration struck a last-minute deal to avert strikes at 51 nursing homes and 193 group homes for clients with developmental disabilities. But with nine days remaining in the regular 2025 session, one challenge remains.  Will rank-and-file Democrats in House and Senate majorities accept a new two-year state budget that makes far more modest investments...

India’s data center (DC) capacity is projected to surpass 4,500 MW by 2030, fueled by accelerating digitalization, supportive government policies, and a significant rise in data consumption. This expansion is also expected to create demand for approximately 55 million square feet of real estate over the next five to six years.According to a report by Colliers, much of this new capacity will come from large facilities exceeding 50 MW, which are expected to constitute nearly two-thirds of the total DC stock by the end of the decade. Real estate and...

Andreas Schweitzer, Founder & Managing Director of the Artis Trade Invest concept invest in collateralised trades. getty As core European cities reach record pricing compression, off-market real estate is gaining traction. Quietly structured, access-restricted and increasingly institutionally embraced, this market reflects a shift toward control, timing and valuation discipline. A Market In Recalibration, Not Retreat Düsseldorf, the capital of North Rhine-Westphalia (NRW), anchors one of Germany's most dynamic urban regions. With a population of over 18 million, NRW accounts for about 20% of Germany's GDP. After a pronounced slump in...

Potholes are popping up everywhere earlier than usualAn early taste of pothole season has many areas scrambling to make road repairs.If you have something to say about the many road projects on the state's slate, now's the time to do so.The Massachusetts Department of Transportation (MassDOT) announced that the public comment period for the proposed Fiscal Year 2026-Fiscal Year 2030 five-year Capital Investment Plan (CIP) will be held from now through Thursday, June 12."This five-year plan includes approximately $18.6 billion in planned transportation investments," according to a release.The plan outlines...

GAM European Equity Team Photograph GAM European Equity Team - Tom O'Hara, Jamie Ross and David Barker Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Zurich: 28 May 2025         PRESS RELEASEGAM Investments Strengthens European Equities Platform with Appointment of Leading Investment Team Tom O'Hara, Jamie Ross and David Barker join GAM Investments to manage flagship GAM Star European Equity and...

Belmont, CA, May 27, 2025 (GLOBE NEWSWIRE) -- Notre Dame de Namur University (NDNU), a private Catholic institution with a 174-year legacy of education and service, and UC Investments, the investment arm of the University of California system, today announced the pending sale of 96.5 acres of NDNU property, which includes the historic Belmont campus and Water Dog Lake. The transaction will ensure that the beloved Belmont campus and its legacy will continue to serve the region through a long-term investment strategy aligned with both institutions’ missions. Once the transaction...

In this episode of The Property Nerds, co-hosts Arjun Paliwal, CEO and founder of InvestorKit, Jack Fouracre, partnership manager at Fouracre Financial, and new host Adrian Lee, senior portfolio strategist at InvestorKit, are joined by Joseph Khoury Gebrail, managing principal at KG Co Legal, to unpack the complexities of SMSF investing and highlight common mistakes to avoid. The experts start by sharing insights into the legal complexities of property transactions, especially when using self-managed super funds (SMSFs). Joseph stresses the need to correctly set up a bare trust deed for...