Barclays, the underwriter to lease two new men’s correctional facilities projects, has withdrawn its participation from the project after being criticized for breaking the pledge to not get involved in profit prisons projects. Barclay was part of CoreCivic’s Developer Team, which is responsible for the development and leasing of both facilities.
Alabama state is committed to continuing with the project and will pursue suitable options. The project includes the development of three prisons leased to the State of Alabama Department of Corrections (ADOC). Two facilities will be almost identical, while the third one will be larger and will centralize special services, such as medical, mental health, aged care, and inmate reception.
CDPQ has acquired a 15% interest in the Indiana Toll Road (ITR) from a subsidiary of the IFM Global Infrastructure Fund (IFM GIF). Following the completion of the sale, IFM GIF continues to own more t...
Read moreThe state of Hawaii of the USA has scheduled a briefing on May 04, 2021 for the development community regarding the plans to proceed with the real estate portion of the redevelopment PPP project...
Read moreThe Pennsylvania Department of Transportation (PennDOT) is accepting unsolicited proposals from the private sector for transportation projects under the public-private partnership (PPP). The pro...
Read moreDigital Alpha Advisors has announced the closing of Digital Alpha Fund II with over US$ 1 billion in commitments.
Read moreValley Regional Transit (VRT) in Idaho, USA has launched a request for proposal (RFP) seeking an insurance brokerage firm to provide services under the ”Professional Services Agreement”. T...
Read more