Total construction & real estate industry M&A deals worth $10.8bn were announced globally in February 2022, led by Blackstone Real Estate Income Trust’s $5.8bn acquisition of Preferred Apartment Communities, according to GlobalData’s deals database.
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In another example of the rapidly developing crisis engulfing Australia’s construction sector, Condev Construction announced on March 15 that it would appoint a liquidator. The Queensland-based company claimed it had been hit with a 25 percent leap in costs...
Ukrainian children at Poland’s Przemyśl Główny train station near the Ukraine border on 7 March 2022 (Pakkin Leung/CC BY 4.0)
As the number of Ukrainians fleeing Russian president Vladimir Putin’s invasion of their country topped 3.7 million this week,...
Herman Holtz, 62, was killed when a crane toppled on the University of Canberra hospital worksite in 2016.
A CRANE company has been fined $300,000 over the death of a construction worker at a building site in Canberra five...
Listen now: New podcast: how MECON is taking on construction insurance challenges
Ross also dives into the impact of COVID-19 and provides tips for brokers and construction companies to help them maintain quality control and quality insurance processes. He also explained...
Embattled Chinese developer Evergrande has assured investors it will unveil a debt restructuring proposal for its creditors by the end of July, after concerns about its financial health were renewed by a delay in publishing its annual results.
Key points:
Senior figures...
Once the 1,000tpa magnesium demonstration plant has successfully operated, Latrobe will expand capacity to 10,000tpa.
Early works for Latrobe Magnesium’s (ASX: LMG) 1,000 tonnes per annum magnesium demonstration plant in Victoria’s Latrobe Valley have paved the way for remediation...
A South African court has suspended construction work on a huge new business park that will house Amazon’s Africa headquarters in Cape Town after a challenge by Indigenous groups
By MOGOMOTSI MAGOME Associated Press
March 22, 2022, 5:16 PM
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A sign marks a detour route along South Gregg Avenue, where trail traffic will be re-routed for about five weeks.
Photo: Todd Gill, Fayetteville Flyer
A portion of the Razorback Greenway in Fayetteville will be closed for about seven weeks to...
The Connecticut Department of Transportation has proposed changes to Route 85 in Salem and Montville that include widening the roads, a new roundabout and replacing two existing bridges.
The state department conducted a virtual informational meeting this past week to show the public the...
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