Construction contractors adjust to extreme changes in material prices, China expands real estate lending support to its larger cities, semiconductor demand becomes a gem for industrial real estate, and more.
- With material prices at a 35-year high, construction contractors have created a new playbook to adjust to the extreme changes in the supply chain and secure needed materials for projects. (Joe Bousquin, Construction Dive)
- China expands lending support to some of the country’s largest cities to stem the economic damage of its struggling real estate market. (Bloomberg)
- To adjust to the explosive demand for semiconductors, chip manufacturers turn to industrial plants and are projected to spend more than $150 billion in capital expenditures in 2022. (Jacob Wallace, Bisnow)
- The Federal Energy Regulatory Commission (FERC) adopted a new framework for reviewing natural gas infrastructure proposals, including criteria for how new facilities could affect people and the environment. (Ethan Howland, Utility Dive)
- As one of the Big 3 Metaverse platforms, Decentraland offers virtual plots of land that can be bought and sold using the platform’s native tokens, MANA, LAND, and Estate. (NDTV)
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