construction
A 2023 study by the University of Technology, Sydney found green roofs when combined with solar panels, not only increased biodiversity and solar output by 107 per cent but also reduced temperatures by a significant 8°C. Green roofs are experiencing a resurgence in interest since a new study published in January 2024 demonstrated that adding volcanic ash to them stabilises temperatures, keeps weeds away, is resilient to extreme weather, drains water efficiently, and is low maintenance. According to the latest market research, in 2023, the North American green roof sector grew by more than 45 p...
Euronews (English)
The Swiss city of Zurich and the Irish capital Dublin top the price rankings in a recent report on construction costs across Europe. Data released this week by the Society of Chartered Surveyors Ireland and Trinity College Dublin looks at the price of building the same unit across ten cities. The benchmark was a block of 39 apartments over seven or more storeys, containing mostly two-bedroom dwellings. According to the report, the cost of building this kind of apartment in Zurich is around €2,866 per square metre, the highest figure recorded. Germany announces €23 billion tax cuts to help infl...
Euronews (English)
Hyatt Hotels Corporation (NYSE: H) is in focus this morning after revealing it has bought me and all hotels brand to expand its footprint in Germany. Shares of the hospitality giant are up more than 1.0% on Friday. Hyatt inked a deal with Lindner HotelsHyatt announced a deal with Lindner Hotels to add seven boutique hotels today. Arno Schwalie – the chief executive Lindner said in a press release today: We are thrilled to deepen our successful collaboration and shift into high-growth gear for me and all hotels, backed by Hyatt’s global distribution engine. The Hyatt-Lindner transaction closed ...
Invezz
Lennar Corp (NYSE: LEN) is trading down in extended hours on Wednesday even though it reported better-than-expected financial results for its second quarter. Lennar’s guidance for the third quarterInvestors are concerned because the guidance failed to impress. $LEN now expects to deliver up to 21,000 homes in the second quarter. New orders, it added, will fall between 20,500 and 21,000 in Q2. Stuart Miller – the co-chief executive of Lennar Corp said in apress release today: Although affordability continued to be tested by interest rate movements and simultaneously challenged consumer sentimen...
Invezz
Construction and climate change are eating away at one stretch of the Spanish coast at an alarming rate. Between 2016 and 2022, the Arraijanal-San Julián coast between Torremolinos and Málaga receded up to 45 metres. The Spanish government has said for decades that the country’s coastline suffers from the “generalised process of coastal regression”. But the extent of the problem on this part of the Costa del Sol puts the situation into focus. So much so that the General Directorate of the Coast and the Sea has declared it “a situation of serious regression”. For this to happen the beach must h...
Euronews (English)
One of the UK's biggest equipment hire companies, Ashtead Group, is considering removing its business from the London Stock Exchange (LSE) and instead making a move to list in New York, according to a report in The Sunday Telegraph. The group rents out industrial and construction equipment such as excavators, cranes and scaffolding. It also invests in liquefied natural gas (LNG) plants, as well as battery and electric vehicle factories, amongst others. Ashtead already makes a significant amount of its total revenue in the US so already has the groundwork laid out for such a shift. Apart from t...
Euronews (English)
Puylaurens (France) (AFP) - Plusieurs centaines de personnes se sont rassemblées vendredi, à Puylaurens, dans le Tarn, premier jour d'un week-end de mobilisation contre l'autoroute A69 Castres-Toulouse, alors que la manifestation a été interdite, par crainte de violences. Sur un terrain privé situé près du village de Puylaurens, plusieurs chapiteaux ont été érigés et les opposants, parfois venus d'Espagne ou d'Allemagne, ont commencé à affluer, à l'appel de collectifs écologistes locaux et des Soulèvements de la Terre. "Il faut montrer au préfet qui n'arrête pas de dire que la lutte décline, e...
AFP (Français)
The number of people in Germany without a job rose to 2.762 million in May, according to the newly released unemployment rate report for May. That was a jump of 25,000, and much more than the 10,000 predicted. It is the 17th month in a row that unemployment has risen and the jobless total continues to hover near three-year highs. Meanwhile, the seasonally adjusted jobless rate was 5.9% last month, the same level for the sixth month in a row in line and in line with analyst expectations. This was the sixth month in a row that the unemployment rate was at this level, which was in line with analy...
Euronews (English)
Germany's construction industry has revised its business expectations for the current year downwards with the sector now expecting sales to fall by 4% instead of 3.5%, the Federation of the German Construction Industry said on Tuesday. This is primarily because the federal, state, and local governments are anticipated to decrease their spending on public construction projects this year, as a result of expected reductions in tax revenues. The association emphasized that investment is particularly important now. A commissioned report for the sector by the German Economic Institute (IW), which is...
DPA Breaking News
By Pauline FROISSART Uttwiller (France) (AFP) - Roses, bleues, jaunes ou blanches, elles font le charme des villages alsaciens. Mais des centaines de maisons à colombages disparaissent chaque année en Alsace où les autorités locales cherchent à enrayer ce déclin à coups de subventions. Dans le petit village d'Uttwiller, à 40 kilomètres au nord de Strasbourg, un corps de ferme au colombage en chêne retrouve son lustre d'antan: ses propriétaires rénovent cette maison alsacienne, espérant bénéficier d'un fonds de sauvegarde récemment créé. Cette ferme typique, avec ses pans de bois apparents et s...
AFP (Français)
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