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...
Infrastructure
Ministers Tasked With Future-Proofing The UK Construction
World Construction Today - A coalition of built environment organisations has urged the housing secretary to form a cross-industry taskforce to guarantee that new construction is future-proof.
In a letter to the secretary of state for levelling up, housing, and...
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