The cost of global construction is set to rise by 4.3 percent during 2018 compared to 4.1 percent in 2017, as developers face the challenge of continued shortages of relevant skills to deliver an increasing number of projects, according to new research from global professional services firm Turner & Townsend.

JSE-listed Echo Polska Properties (EPP), the leading owner and operator of shopping centres in Poland, has officially announced that a change of its company name from Echo Polska Properties N.V. to EPP N.V. has been registered by the trade register of the Dutch Chamber of Commerce.

The gazetting of an amended Code of Good Practice on Broad-Based Black Economic Empowerment (BBBEE) specifically for the construction industry on 2 November 2017 opens up new opportunities for the industry, says Kwakho Mpepho, Education, Training and Transformation Manager at the Master Builders Association North.

Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced its financial results for the year ended 28 February 2018.

Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.

 Construction and technology law firm and construction adjudication experts MDA Attorneys has reported an increase of 65% in the number of adjudications in the South Africa construction industry in 2017 compared to the previous year.

The NHBRC warns unsuspecting housing consumers against a letter allegedly sent out by Cosmopolitan Projects about guarantees on their completed homes.

uMhlanga’s most significant new commercial and retail development is just seven months away from opening.

The completion of the R360 million Admin Craft Basin (ACB) in the Port of Ngqura has opened up opportunities for revenue growth in this young developing port. The new structure will be home to the port’s three tugs and one pilot boat soon, freeing up Berth C101, which was designed to handle revenue generating vessels.

Westbury Clinic – a R23 million state of the art health facility that services more than 55 000 people and creates an environment that not only heals but promotes health and human dignity – won first prize in the Health Completed Buildings at the Berlin World Architecture Festival in November last year.