China’s property giant Evergrande files for bankruptcy protection in US
China’s Evergrande Group, the world’s most heavily indebted property developer, has filed for bankruptcy protection in a US court.The company sought protection under chapter...
The Most Valuable Housing Markets in America
The residential real estate market in the U.S. stands as one of the largest asset classes in the country, worth $47.5 trillion in 2023.Despite...
Luxury Hotel Market to Grow to $115.80 Billion by 2025
The global luxury hotel market is expected to reach $115.80 billion by 2025, according to a new report by Grand View Research, Inc. Registering a 4.3...
Global hotel construction hits an all-time high
Hotel construction across the world is at an all-time high, according to a report just published by US hotel consultant Lodging Econometrics (LE).
The...
Economic reforms to benefit builders in Saudi Arabia
Increased government spending and progress on multibillion-dollar construction projects may fuel growth in Saudi Arabia’s property sector, real estate services firm JLL said.Public Investment...
Saudi Arabia’s Red Sea Development – The project will cover 90 islands and 28,000...
Saudi Arabia is developing its coastline as part of plans to transform the economy and cut its reliance on oil. The project will cover...
Charting the Last 20 Years of Supertall Skyscrapers
Charting the Last 20 Years of Supertall Skyscrapers
At the end of the 20th century, supertall skyscrapers—buildings exceeding 300 meters in height—were still somewhat of...
Europe: The architectural world “prefers” exhibitions with a physical presence
Organizing digital exhibitions was a solution for the period when the pandemic "hit", but now that the situation seems to be normalizing and normalcy...
Saudi plans world record 2km tall tower, $5bn project
Saudi Arabia is planning to build a 2km skyscraper in Riyadh that would become the world’s tallest building, according to reports by MEED.The megatall...
Saudi Arabia’s Construction Sector Strongest in the World
The latest Global Construction Monitor, issued by the Royal Institution of Chartered Surveyors (RICS), revealed that the Construction Activity Index in Saudi Arabia showed...
