IRHM, Your Global Window into Real Estate and Hospitality

June 24, 2026

Bank of America

Related Digital and Blackstone have secured financing for a $16 billion data centre project in Saline Township, Michigan. The campus is designed for Oracle and OpenAI to boost AI computing capacity. The development promises thousands of jobs and millions in tax revenue. It features sustainable technology such as a closed loop cooling system and incorporates a large battery storage investment to assist the local energy grid.
AvalonBay Communities will join Bank of America’s Global Real Estate Conference on 9 September, while reporting that its Q3 Same Store revenue growth to August remains in line with expectations.

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