The industrial construction sector saw a dramatic downturn in 2024, with the third quarter reporting one of the steepest declines in recent history. According to CommercialEdge data, construction starts plunged by a staggering 75.3 percent from the previous quarter. This figure translates to a drop
October 9, 2024The commercial real estate sector witnessed a significant uptick in August 2024, marked by a 3% increase according to the Dodge Momentum Index (DMI). This rise, signaling strengthened planning activity, underscores the resilience and growth potential in the market. August's Performance and the
September 11, 2024Germany's commercial property market has gripped industry watchers due to recent significant downturns, and the latest data suggests a mix of ongoing challenges and early signs of stabilization. Prices for commercial real estate in Germany fell 7.4% during the second quarter of 2024 compared
August 12, 2024In recent years, the commercial real estate (CRE) sector has emerged as a potential catalyst for a financial crisis. Despite managing to stay afloat, significant underlying issues continue to plague the market. The investment woes of UBS Group in the Sports Illustrated Building serve as a prime
August 12, 2024The bustling energy of city centers, once driven by packed office buildings and dense urban activity, has quieted considerably in the wake of the COVID-19 pandemic. With an unprecedented shift to remote work and evolving work preferences, cities are grappling with a pressing question: can they
August 12, 2024Investors are perched on the edge of their seats as Bird Construction Inc. gears up to unveil its quarterly earnings. With the announcement expected after the market closes on May 14th, all eyes are on the potential outcomes. Analysts project an earnings per share (EPS) of C$0.15 for the quarter,
May 7, 2024