Vietnamese construction firms have faced significant challenges in recent years, with around 70% of contractors either reducing operations or downsizing their workforce since the onset of the Covid-19 pandemic in 2019. This has been compounded by rising material costs, economic constraints, and a
Richmond, Virginia, has been experiencing a notable surge in its commercial real estate market. This growth is driven by a combination of strategic investments, diverse leasing activities, and the involvement of prominent real estate firms. Investors, developers, and brokers alike are placing
The build-to-rent market, which has been steadily gaining traction in recent years, seems to have reached a pivotal moment with Northmarq's recent $54 million sale of The Current at Watershed, a 97-unit build-to-rent community in Laurel, Maryland. Strategically located in Anne Arundel County, just
The Middle East Building Automation Market is on the brink of significant growth, with projections indicating a rise from USD 6.68 billion in 2023 to USD 16.62 billion by 2032. This remarkable expansion, driven by a Compound Annual Growth Rate (CAGR) of 10.65%, is fueled by several key factors
Tambour paneling, a wall treatment composed of wooden slats connected to create a continuous, flexible surface, is celebrated for its sleek, tactile, and contemporary aesthetic. This versatile paneling trend has seen a significant rise in recent months, capturing the interest of designers for its
For the nonresidential construction sector, October 2024 marked a challenging period defined by a downward turn in spending, influenced by unexpected natural disasters. The Associated Builders and Contractors (ABC) conducted an analysis of recent U.S. Census Bureau data, revealing that
