Infrastructure
DLUHC, UK Asks Builders To Ink Cladding Pledge Deals Fast
World Construction Today - Revisions to the fire safety promise contracts are nearly complete, according to the Department for Levelling Up Housing and Communities (DLUHC), which anticipates housebuilders signing them very shortly.
In all, 48 developers agreed to repair life-critical...
Infrastructure
By 2050, The EU Wants Every Building To Be Emission-Free
A proposal introducing new specifications for the energy performance of buildings was generally accepted by EU energy ministers. The amended directive's primary goals are for all new construction to be zero-emission by 2030 and for all existing structures to...
Infrastructure
UK Political Chaos Upsets Architects Like 2009 Credit Crisis
According to a recent study, confidence among practitioners has fallen to levels not seen since the first COVID lockout, prompting the Royal Institute of British Architects to issue a warning about an anticipated decline in workloads in the coming...
Infrastructure
Webuild Consortium Awarded A €928mn Ligurian Port Contract
World Construction Today - A €928 million project to build a new breakwater (a sea wall protecting a shoreline) somewhere at the Port of Genoa in Northern Italy has been awarded to a consortium led by Webuild.
The Genoa Breakwater...
Infrastructure
Housing Slowdown Warned Following Hike In UK Mortgage Rates
World Construction Today - After it was predicted that the number of consumers having trouble making their mortgage payments would reach a 15-year high, there were further warnings of a housing downturn in the UK. According to the Royal...
Infrastructure
Reserve Bank of Australia Sees Construction Sector Downturns
World Construction Today - The Reserve Bank of Australia has issued a warning that more bankruptcies in the home building sector are inevitable as builders struggle with escalating prices. Due to a sharp increase in expenses, as well as...
Infrastructure
For UK Commercial Property, Goldman Projects 20% Price Drop
World Construction Today - According to experts at Goldman Sachs Group Inc., the government's mini-budget last month caused a sharp increase in the cost of borrowing for landlords, which might cause a 20% decline in UK property values.
According to...
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