Sky Global

May this festive season bring you joy, peace, and cherished moments with those who matter most, and the coming year be filled with new opportunities, exciting adventures, and countless reasons to celebrate. Thank you for your continued support and friendship. Here's to a wonderful holiday season and a fantastic year ahead!

Wishing you a happy Thanksgiving ??????

?? Sky Global is Reforesting the Earth! ?? With 840 trees planted across 6 countries, we're proud to be making a difference by offsetting over 730 tonnes of CO2 with our reforestation projects through Evertreen. These efforts not only help restore vital ecosystems but also create meaningful jobs for local communities. ?? 730.50 Tonnes of CO2 Offset ?? 840 Trees Planted ?? 6 Countries Reforested ?? 105 Working Hours Created Supported Projects: Mozambique: Restoring savannahs and promoting sustainability. Honduras: Reforesting rainforests and engaging communities. Kenya: Reviving mangroves and enhancing biodiversity. Philippines: Restoring tropical forests and supporting local communities. Madagascar: Combating deforestation and preserving ecosystems. Nepal: Reforesting critical areas for a sustainable future. Together, we're making a greener planet possible. ?? #Reforestation #Sustainability #SkyGlobal #ClimateAction

AI is the hottest topic right now, with experts claiming it will revolutionize every industry. At Sky Global, we were curious about its impact on commercial construction. So, we took a bold step and asked AI directly! The results were fascinating. Here’s what AI revealed about its transformative role in commercial construction. And just so you know, this entire story, the video, and all the images were crafted by Sky Global using generative AI technology. https://lnkd.in/gdH6jwG9 #AI #Construction #FutureOfConstruction #Innovation #Sustainability #Technology

AI is the hottest topic right now, with experts claiming it will revolutionize every industry. At Sky Global, we were curious about its impact on commercial construction. So, we took a bold step and asked AI directly! The results were fascinating. Here’s what AI revealed about its transformative role in commercial construction. And just so you know, this entire story and all the images were crafted by Sky Global using cutting-edge generative AI technology. #AI #Construction #FutureOfConstruction #Innovation #Sustainability #Technology

?? Exciting Growth in Southwest Florida's Construction Industry! ?? In Southwest Florida, the construction industry continues to sprout jobs at an impressive rate! According to the latest monthly report from the Florida Department of Commerce, the construction sector saw the most significant job growth in April over the past year. The three metro areas of Collier, Lee, and Charlotte counties added a combined total of 2,800 jobs. ??? Lee County led the charge with 2,000 new construction jobs, while Collier County contributed an additional 700 Collier County, in particular, saw a notable increase of 1,200 jobs in leisure and hospitality, partly driven by the opening of new hotels and resorts like the much-anticipated Great Wolf Lodge set to debut in September. Southwest Florida's job market shows robust growth and resilience, particularly in construction and hospitality industries. This positive trend underscores the region's dynamic economic landscape and its capacity for recovery and development. #SouthwestFlorida #ConstructionBoom #JobGrowth #EconomicDevelopment #HurricaneRecovery #TourismIndustry #CollierCounty #LeeCounty #CharlotteCounty #GreatWolfLodge

?? Exciting news from CBRE Research! ?? Prime multifamily metrics have shown improvement for the first time in two years, signaling positive shifts in the market. According to CBRE's latest report, going-in cap rates, exit cap rates, and unlevered internal rate of return (IRR) targets for prime multifamily assets experienced slight improvements in Q1 2024. The positive spread between going-in and exit cap rates stabilized at 12 basis points (bps) in Q1, indicating potential stability in the market unless there are unexpected economic downturns. While the overall average exit cap rate is not expected to fall below the going-in rate in the near-term, some markets like Chicago, Washington, D.C., and Philadelphia have already seen cap-rate inversion. Moreover, after several quarters of decelerating growth, the average prime multifamily going-in and exit cap rates decreased by 6 bps in Q1, along with a slight reduction in underwriting assumptions for annual asking rent growth. It's worth noting that Austin continues to lead with the lowest risk requirements on an underwriting basis for the 10th consecutive quarter. While most markets remained stable, Los Angeles and Phoenix showed slight improvements in their underwriting metrics. Overall, this data highlights positive momentum in the multifamily construction industry, offering insights for investors and developers alike. Stay tuned for further updates from CBRE Research as they continue to track market trends and provide valuable insights for the real estate industry. #MultifamilyMarket #RealEstateTrends #CBREResearch