Diana Olick

• Data center REIT CEO says real estate ‘not in an oversupply state’ - Andy Power, CEO of Digital Realty says data center real estate is not oversupplied as hyperscalers like Nvidia, Amazon, Google and Meta announce more projects.
• Commercial real estate deal volume drops for the first time in nearly two years - Commercial real estate has had a rough year after gaining momentum coming out of the pandemic.
• Apartment rents drop further, with vacancies at record high - A good supply of new multifamily units is coming online at a time of much weaker demand.