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Bangkok’s building costs fall

Property Report 09/09/2009
Bangkok’s building costs fall

The Thai Appraisal Foundation (TAF) has announced the construction costs for the majority of building types in Bangkok fell between June and September; the first time in 16 years that costs have declined.

Direct foreign investments in construction, real estates down by 59%

Sofia. Direct foreign investments in construction and real estates in the first six months of the year amount to EUR 208,0 million that is a decrease by 59%, compared to the same period of 2008, when the result was EUR 511,2 million.

Inland-area space glut means new office/industrial construction unlikely soon

The outlook for commercial real estate in Southern California is slightly less pessimistic than it was six months ago, but it is still unlikely new offices will go up any time soon, a new report found.

Al-Futtaim Group Real Estate announces completion of new building at Dubai Silicon Oasis

Employees of the InterContinental Hotels Group Dubai Festival City move into new accommodation which was inaugurated recently.

Green Building Bills Praised as Largest Step NYC Can Take to Combat Global Warming and Build a Green Workforce

Environmental Defense Fund today testified that if the New York City Council passes a green building legislative package, it could "generate thousands of jobs" and "position the city and its workforce as national leaders in green building technology."

MIT Developing Concrete That Lasts for 16,000 Years

Civil engineers at MIT are currently developing a new breed of concrete that will be able to last for 16,000 years. Concrete is one of the most frequently used and widely produced man-made building material on earth, with over 20 billion tons produced per year globally.

Arra law to link payments with construction

Anjana Kumar business24-7 06/07/2009
Real estate market looking up! May housing construction jumps 17 percent

U.S. builders broke ground on more houses than forecast, as multifamily units surged and single- family units rose by the most since January 2006.

Arra law to link payments with construction

Ajman Real-estate Regulatory Agency (Arra) will introduce new regulations by month-end, linking payments to construction milestones achieved, a top government official said.

 
Sharp reduction in construction of real estate

Construction of new residential real estate has fallen drastically, according to data released by the National Statistics Institute (NSI), published on June 3.