The latest NAB Commercial Property Survey for the fourth quarter of 2024 has revealed a significant upturn in market sentiment across Australia. The Commercial Property Index jumped to +13 from -2 in the previous quarter, driven by improved expectations for future capital growth, rentals, and a
February 26, 2025The City of Melbourne has taken a significant step towards achieving its 2040 zero emissions commitment by introducing a new leasing tool aimed at decarbonizing mid-tier commercial buildings. The Net Zero Buildings Plan, featuring model Zero Carbon Lease clauses, is designed to help reduce
February 18, 2025The Fort Smith metro area experienced an extraordinary surge in building permit values as the year 2025 began, marking a substantial recovery from the prior year's downturn. Following a significant slump in 2024, the building activity in Fort Smith, Greenwood, and Van Buren saw a major
February 13, 2025Skanska, a Sweden-based construction and development firm, has thrived in the U.S. market, driven by robust demand across various sectors, including infrastructure, data centers, and public projects. With the U.S. serving as the epicenter for these activities, Skanska CEO Anders Danielsson
February 13, 2025The UK construction sector is facing a significant downturn as it heads into 2025, grappling with a range of economic and regulatory challenges that contribute to a bleak outlook. Despite a period of sustained expansion, recent data and expert insights suggest that the industry is struggling with
February 10, 2025The long-awaited construction of The Mix, the new mixed-use development in Frisco, Texas, has officially commenced after overcoming numerous delays and complications over the last decade, setting the stage for a transformed landscape. Key figures contributing to the rejuvenation include Frisco
January 24, 2025