GCC real estate sector to grow with projects worth $1.68 trillion in 2024
The real estate sector in the Gulf Cooperation Council (GCC) countries has been witnessing remarkable growth since the beginning of 2024. The total value...
Innovative “The Star”: High-Rise in Hollywood Combines Offices, Gardens, and Panoramic Views
Foster + Partners has unveiled their design for a one-billion-dollar "vertical creative office" on Sunset Boulevard in Hollywood.The project, named "The Star" and designed...
EU construction sector faces year of decline
In Europe, the issuing of building permits has fallen and building costs are still high, signalling a difficult year for the construction sectorMarginal construction...
Chinese authorities signal no major bailout for struggling real estate developers
Chinese authorities have sent a clear message that struggling real estate developers shouldn't expect a significant bailout, as the government puts on a spotlight...
Country Garden Winding-Up Petition Signals Deepening Crisis in China’s Real Estate Sector
Country Garden Holdings has said a liquidation petition has been filed against the property developer for non-payment of a loan worth $205m, adding to...
The Big 5 Construct Saudi 2024 opens its gates today
The Big 5 Construct Saudi, the largest building sector event in the kingdom, kicks off its 12th edition today at the Riyadh Front Exhibition...
IMF expects new housing demand in China to drop by around 50% in the...
Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly...
Oklahoma City development to feature tallest tower in U.S.
Real estate developer, Matteson Capital, and architecture firm, Architects Orange (AO), are pursuing a height variance in Oklahoma City for The Boardwalk at Bricktown.If...
Court orders liquidation of Chinese property giant Evergrande in landmark moment for industry
A Hong Kong court has ordered indebted property developer China Evergrande Group to liquidate in a landmark ruling that could send ripples across the...
Starts construction of $1.5 billion Dubai tower, potentially the world’s second tallest
Azizi Developments, a prominent private developer in the UAE, announced the commencement of construction for the potentially second tallest tower. The project, valued at...
