Microsoft has abandoned data centre projects set to use two (2) gigawatts of electricity in the US and Europe in the last six months due to an oversupply relative to its current demand forecast ...

Comment Microsoft has walked away from negotiations to lease two gigawatts worth of datacenter capacity in the US and Europe, and has deferred and cancelled other datacenter leases, according to a new ...

The TD Cowen analysts said in February that Microsoft had scrapped leases totaling "a couple of hundred megawatts" of capacity with at least two private data center operators. AI cloud startup ...

(AP Photo/Lindsey Wasson, File) JUNEAU, Alaska (AP) — A federal judge in Alaska on Tuesday ruled the Biden administration lacked the authority to cancel seven oil and gas leases that had been issued ...

Residents of caravan parks in northern New South Wales say they have 'nowhere to go' after the council terminated their leases to make room for more tourists. Clarence Valley Council issued ...

TORONTO — Retail experts expect Hudson’s Bay to see little love for Zeddy but a whole lot for its store leases and trademark stripes as it starts soliciting buyers for its assets. Canada’s oldest ...

More than 130 casual lease agreements at four holiday park sites on the NSW north coast have been terminated. Holiday van residents in Iluka, Minnie Water, Brooms Head, and Wooli are affected.

Many agree the most valuable assets the company has to offload are its leases, which cover gigantic spaces in high-traffic neighbourhoods and coveted anchor tenant spots in malls. Grant Packard ...

Liquidation of the real estate assets of bankrupt less-than-truckload carrier Yellow Corp. entered a new phase in recent days — termination of terminal lease agreements. The carrier’s former ...

DOGE has removed over 100 buildings from its list of "lease terminations." The reduction amounts to $150 million less in claimed savings. DOGE has been targeting federal buildings, and some ...

The Department of Government Efficiency, billionaire Elon Musk’s agency tasked by President Donald Trump with slashing federal bureaucracy, now plans to keep 135 leases totaling 2.2M SF that it ...