The smart building market is on a trajectory of significant growth, with projections indicating a rise from $78.28 billion in 2022 to $247.17 billion by 2032. This growth is driven by advancements in IoT, AI technologies, and supportive government initiatives. Smart buildings, characterized by the
The construction chemicals market has garnered significant attention due to its crucial role in enhancing the durability and sustainability of construction projects. As the sector gears up for substantial growth, it is projected to continue its upward trajectory from a valuation of $27.74 billion
In a significant move that highlights Thor Equities' commitment to growth and excellence in the industrial sector, the company has successfully obtained a $68.5 million construction loan from Acres Capital for the development of a state-of-the-art, 310,500-square-foot Class A industrial facility in
In a significant development for the construction and renovation industry, the Green Building Initiative (GBI) has announced the revision of its Green Globes certification programs. These updates, which emphasize sustainable practices, aim to provide more comprehensive and accessible certification
The nonresidential green buildings market is on the cusp of significant growth, driven by a confluence of regulatory changes, technological advancements, and heightened environmental awareness. As we approach 2024, the landscape of commercial, industrial, and institutional buildings is set to
The U.S. life sciences real estate sector entered 2024 in a state of significant disarray, characterized by a burst development bubble that has led to a high level of vacancy and declining rents. Over the past five years, the sector has faced a tumultuous period of rapid development that greatly
