BILD

Axel Springer and Microsoft expand partnership across advertising, AI, content and Azure services

Retrieved on: 
Monday, April 29, 2024
Cloud, BILD, POLITICO, Advertising, WELT, Axel Springer, Partnership, API, Cloud computing, Life, Ad Lib, Inc., Microsoft, Work, Journalism, Business Insider, Azure, Microsoft Advertising, SAP, Video game

REDMOND, Wash., and BERLIN, April 29, 2024 /PRNewswire/ -- Axel Springer SE and Microsoft Corp. have announced an expanded, multifaceted partnership across advertising, AI, content and cloud computing. The cooperation aims to leverage cutting-edge innovation to support independent journalism around the world. 

Key Points: 
  • REDMOND, Wash., and BERLIN, April 29, 2024 /PRNewswire/ -- Axel Springer SE and Microsoft Corp. have announced an expanded, multifaceted partnership across advertising, AI, content and cloud computing.
  • In addition, Microsoft Start-MSN users will have access to more premium content from Axel Springer's news brands, and Axel Springer will migrate its SAP solutions to Microsoft Azure.
  • Powering new AI experiences and monetization: Axel Springer will partner with Microsoft to pilot new innovative AI-driven chat experiences to better inform and engage their users with Axel Springer's journalistic content.
  • Enhanced content offerings through Microsoft Start-MSN: Axel Springer is expanding its Microsoft Start-MSN partnership to provide users with access to more premium content from leading journalistic brands such as Business Insider, POLITICO, BILD and WELT, reaching millions of users across devices and markets.

Axel Springer and Microsoft expand partnership across advertising, AI, content and Azure services

Retrieved on: 
Monday, April 29, 2024
Cloud, BILD, POLITICO, Advertising, WELT, Axel Springer, Partnership, API, Cloud computing, Life, Ad Lib, Inc., Microsoft, Work, Journalism, Business Insider, Azure, Microsoft Advertising, SAP, Video game

REDMOND, Wash., and BERLIN, April 29, 2024 /PRNewswire/ -- Axel Springer SE and Microsoft Corp. have announced an expanded, multifaceted partnership across advertising, AI, content and cloud computing. The cooperation aims to leverage cutting-edge innovation to support independent journalism around the world. 

Key Points: 
  • REDMOND, Wash., and BERLIN, April 29, 2024 /PRNewswire/ -- Axel Springer SE and Microsoft Corp. have announced an expanded, multifaceted partnership across advertising, AI, content and cloud computing.
  • In addition, Microsoft Start-MSN users will have access to more premium content from Axel Springer's news brands, and Axel Springer will migrate its SAP solutions to Microsoft Azure.
  • Powering new AI experiences and monetization: Axel Springer will partner with Microsoft to pilot new innovative AI-driven chat experiences to better inform and engage their users with Axel Springer's journalistic content.
  • Enhanced content offerings through Microsoft Start-MSN: Axel Springer is expanding its Microsoft Start-MSN partnership to provide users with access to more premium content from leading journalistic brands such as Business Insider, POLITICO, BILD and WELT, reaching millions of users across devices and markets.

March shows third month of record lows for new home sales, presenting unique buying opportunity for new home purchasers

Retrieved on: 
Tuesday, April 23, 2024
Total, BILD, Interview, Altus Group, Housing, Research, Human, Condominium, Construction

“GTA new homes sales for March came in at a record low as buyers remained on the sidelines,” said Edward Jegg, Research Manager with Altus Group.

Key Points: 
  • “GTA new homes sales for March came in at a record low as buyers remained on the sidelines,” said Edward Jegg, Research Manager with Altus Group.
  • There were 524 single-family home sales in March, up 38 per cent from March 2023 and 51 per cent below the 10-year average.
  • Total new home remaining inventory decreased compared to the previous month, to 19,508 units.
  • This represents a combined inventory level of 13.5 months, based on average sales for the last 12 months.

BILD applauds today’s federal government housing announcement

Retrieved on: 
Tuesday, April 2, 2024
GTA, Tax, Learning, Federation, Construction, Interview, Freezing, Housing, BILD, Water, Government, Human, Renewable energy

Toronto, April 02, 2024 (GLOBE NEWSWIRE) -- Greater Toronto Area, April 2, 2024 – The Building Industry and Land Development Association (BILD) applauds the federal government for their housing supportive announcement earlier today and notes that the top up of $400 million to the Housing Accelerate Fund and $6 billion for a new Housing Infrastructure Fund is exactly what is needed to support housing all Canadians.

Key Points: 
  • Toronto, April 02, 2024 (GLOBE NEWSWIRE) -- Greater Toronto Area, April 2, 2024 – The Building Industry and Land Development Association (BILD) applauds the federal government for their housing supportive announcement earlier today and notes that the top up of $400 million to the Housing Accelerate Fund and $6 billion for a new Housing Infrastructure Fund is exactly what is needed to support housing all Canadians.
  • “This commitment by the federal government to invest in critical infrastructure is vital to unlocking housing supply to meet Canada’s rapidly growing population, enabling more homes to be built and will help address the housing affordability crisis.”
    The conditions in the federal government’s announcement that municipalities must commit to implementing a three-year freeze on increasing development charges will also assist in further addressing affordability.
  • Coupled with the provincial government’s housing infrastructure investment announcement in late March, BILD acknowledges the tremendous commitment from the federal and provincial governments to enhancing housing-supportive infrastructure, particularly water and wastewater.
  • BILD looks forward to learning about additional measures to address housing supply and affordability, as further details of the federal government’s Housing Plan are released in the coming days.

New home inventory in the GTA expands in February in anticipation of renewed market activity this spring

Retrieved on: 
Monday, March 25, 2024
Research, Construction, Interview, Altus Group, BILD, Total, Human, Cryptocurrency

“GTA new homes sales in February remained soft,” said Edward Jegg, Research Manager with Altus Group.

Key Points: 
  • “GTA new homes sales in February remained soft,” said Edward Jegg, Research Manager with Altus Group.
  • There were 374 single-family home sales in February, up 103 per cent from February 2023 and 66 per cent below the 10-year average.
  • This represents a combined inventory level of 12 months, based on average sales for the last 12 months.
  • *Altus Group should be credited as BILD’s official source of new home market intelligence.

As anticipated from a slow December, GTA new home sales soft in January as buyers remained tentative

Retrieved on: 
Monday, February 26, 2024
Total, Research, BILD, Bank, Altus Group, Human, Condominium, Construction, Interview

“Pent up demand continued to accumulate with buyers taking a wait-and-see attitude,” said Edward Jegg, Research Manager with Altus Group.

Key Points: 
  • “Pent up demand continued to accumulate with buyers taking a wait-and-see attitude,” said Edward Jegg, Research Manager with Altus Group.
  • There were 345 single-family home sales in January, up 92 per cent from January 2023 and 78 per cent below the 10-year average.
  • This represents a combined inventory level of ten and a half months, based on average sales for the last 12 months.
  • The benchmark price for new condominium apartments was $1,052,474, which was down seven per cent over the last 12 months.

Housing study: Reported inventories overstate supply of “shovel ready lots” - use it or lose it policies must be informed by facts

Retrieved on: 
Thursday, February 22, 2024
MCIP, Greater Toronto Area, KPEC, BILD, City, Data collection, Interim, Human, PLE, ADU, Region, GTA, Policy, Construction, Interview, RPP, Housing, Water, Civil engineering

Housing completions are also at a 33-year high, underscoring that claims of ‘sitting of supply’ do not match the reality on the ground,” said Justin Sherwood, SVP Communications & Stakeholder Relations at BILD.

Key Points: 
  • Housing completions are also at a 33-year high, underscoring that claims of ‘sitting of supply’ do not match the reality on the ground,” said Justin Sherwood, SVP Communications & Stakeholder Relations at BILD.
  • Based on the goal of achieving 150,000 units per year, this represents only 2.2 years of supply.
  • Claiming 150,000 of additional housing would arise from the conversion of existing housing stock to multiplexes, basement units, and accessory dwelling units (ADU).
  • KPEC’s areas of focus include areas where the fields of land use planning, urban economics and municipal finance overlap with City building.

GTA new home market sees low sales in December, slow 2023 harbinger of lower housing starts in 2024

Retrieved on: 
Thursday, January 25, 2024
BILD, Total, GTA, Housing, Interview, Altus Group, Human, Construction, Research

There were 154 single-family home sales in December, up six per cent from December 2022 and 70 per cent below the 10-year average.

Key Points: 
  • There were 154 single-family home sales in December, up six per cent from December 2022 and 70 per cent below the 10-year average.
  • This represents a combined inventory level of nine and half months, based on average sales for the last 12 months.
  • “Given that housing starts lag pre-construction sales by as much as two years, we can expect that the low level of sales in 2023 will result in lower housing starts in the future.
  • In fact, we are already seeing the pace of housing starts in the GTA beginning to decline.

Macquarie Asset Management announces plan to consolidate brands for US wealth investment solutions

Retrieved on: 
Wednesday, January 17, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, ETF, STAX, Hedera, Macquarie Group, BILD, Asset management

Today, Macquarie Asset Management announced plans to transition to a unified brand structure in the US wealth channel, featuring “Macquarie” as the flagship product brand for all investment solutions.

Key Points: 
  • Today, Macquarie Asset Management announced plans to transition to a unified brand structure in the US wealth channel, featuring “Macquarie” as the flagship product brand for all investment solutions.
  • This initiative follows the launch of the firm’s first three ETFs, which leverage the Macquarie brand: Macquarie Energy Transition ETF (PWER), Macquarie Global Listed Infrastructure ETF (BILD) and Macquarie Tax-Free USA Short Term ETF (STAX).
  • Macquarie Asset Management will also be optimizing the client experience through updates to its mutual fund line-up.
  • To learn more about Macquarie Asset Management’s 2024 outlook for US wealth and retail investors, click here .

GTA new home market continues flat in November; increase over prior year

Retrieved on: 
Thursday, December 21, 2023
Construction, Interview, Altus Group, GTA, Research, Housing, Total, BILD, Human, Condominium, Cryptocurrency

“The inventory of new homes available to purchase shrank in November,” said Edward Jegg, Research Manager with Altus Group.

Key Points: 
  • “The inventory of new homes available to purchase shrank in November,” said Edward Jegg, Research Manager with Altus Group.
  • There were 384 single-family home sales in November, up 41 per cent from November 2022 and 62 per cent below the 10-year average.
  • The GTA is on the cusp of a balanced market from a month’s inventory perspective.
  • With total inventory actually decreasing month over month, the balanced market from a month’s inventory perspective is a factor of low sales, not more product coming to market.