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USA: 7 major mixed-use projects underway across the country

The mixed-use development boom of the last decade is still going strong, with new “live, work, play” destinations breaking ground across the country nearly...

Construction industry’s 2022 growth will decrease to -3.1% in North America

Due to greater than expected inflationary pressure and further interest rates hikes, construction output in North America is forecast to contract to -3.1% in...

Top 10 Trends To Impact Construction Industry in Next Decade

AI and connectivity, along with renewable energy and alternative fuels, will dramatically impact the construction jobsite in the next 10 years, according to a...

Huge turnout expected at the exhibition Build EXPO 2022

The construction industry's biggest event starts in a few days and will be one of the greatest in recent years.Build EXPO, a milestone for...

Mega project: Dubai’s new $5 billion ‘Moon’ proposed as UAE shoots for the stars

Dubai could have a $5 billion moon building in the form of destination resort, Canadian architectural company and intellectual property licensor, Moon World Resorts...

Property, infrastructure projects in Saudi top $1.1trln since Vision 2030 launch

More than $1 trillion worth of projects have been rolled out in Saudi Arabia since the launch of the Vision 2030 strategy, which seeks...

US construction costs will increase by 14% by end of 2022

The world’s largest real estate company, Coldwell Banker Richard Ellis (CBRE), has predicted a 14.1% year-on-year increase in US construction costs by the close...

China targets $148 bln in financing for cash-strapped developers

China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, the Financial Times said, as Beijing tries...

Construction output in North America is forecast to grow by 2.4% in 2022 despite...

Although construction output in North America is forecast to grow 2.4% in 2022 and is expected to reach $1.94 trillion, up from $1.89 trillion...

Northeast Asia to account for 39% of global construction output in 2022

The construction output in Northeast Asia is forecast to record a 4.2% growth and reach $4.71 trillion in 2022 compared to $4.52 trillion in...