Chinese housing sector sees a slowdown
A total amount of housing sale transactions in China has increased by 16% from January to February 2018 compared to the same period last year and amounted to 1.06 trillion yuan ($168 billion), Bloomberg reports.
Experts are positive about cement market
In January 2018, the volume of cement consumption in Russia amounted to 2.2 million tons, which is 3.5% higher than it was in the same period in 2017, a review of the Cement Producers’ Union shows, Interfax reports on Wednesday.
30 million sqm of housing to be built under Moscow renovation program
Within the framework of the housing renovation program in Moscow, at least 30 million square meters of modern and comfortable housing is planned to be built, Marat Khusnullin, the Deputy Mayor of the city for urban policy and construction, said on Wednesday.
“It is impressive!”: Vladimir Putin visits Crimean Bridge
On Wednesday, Russian President Vladimir Putin has visited a construction site of the Crimean Bridge which is designed to connect the Kerch and Taman peninsulas and is going to be the longest bridge in Russia.
Dutch architect offers Moscow his modular house project
Erick van Egeraat, a Dutch architect who has already developed projects for Moscow, is willing to offer the city authorities his projects for housing construction planned under the renovation program, the press service of the Moscow Urban Policy Department announced.
European investors opt for warehousing property
Industrial and in particular warehousing segments are among the most popular ones among European investors on the real estate market, a report of CBRE consulting company says.