Articles by Neil Gerrard and Reuters

Property investment and construction starts fall sharply in China
Published on: 17 January 2025
China鈥檚 economic growth stronger than expected in 2024, but property and construction sectors remained weak
Dubai billionaire visits Trump to announce $20bn investment in US data centres
Published on: 08 January 2025
Dubai-based real estate company and developer DAMAC has promised to invest US$20 billion in the construction of new data centres in the US.
Lithuania starts construction of 鈧�1bn military base near Russian border
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Published on: 20 August 2024
Military base is biggest construction project in Lithuania鈥檚 history
South Korea to pump $19 billion into chip sector amid global building frenzy
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Published on: 23 May 2024
South Korea has announced that it will pump 26 trillion won (US$19 billion) into its chip manufacturing businesses, as semiconductor firms race to build facilities in 鈥榓ll-out warfare鈥�
Five killed and dozens trapped as under-construction building collapses in South Africa
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Published on: 07 May 2024
Five people have died and dozens more are trapped after a multi-storey building under construction in the city of George, South Africa, collapsed on Tuesday (7 May).
Germany announces US$17 billion package to subsidise gas-to-hydrogen shift
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Published on: 06 February 2024
Germany鈥檚 government will subsidise gas power plants that can switch to run on hydrogen to the tune of 鈧�16 billion (US$17 billion), it has announced.
Hong Kong court orders liquidation of Evergrande, China鈥檚 biggest developer
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Published on: 29 January 2024
A court in Hong Kong has ordered the liquidation of China Evergrande Group, China鈥檚 biggest developer.
Germany鈥檚 construction slump 鈥榯aking longer than expected鈥�
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Published on: 10 January 2024
Germany鈥檚 construction sector is set to remain subdued throughout 2024 as a slump sparked by its worst property crisis in decades takes longer to resolve than expected.
South Africa needs major power plant construction drive, government report warns
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Published on: 05 January 2024
South Africa is in need of a massive power plant construction programme if it wants to ensure adequate electricity supplies up to 2050.
What鈥檚 behind the biggest rise in US home construction starts in 30 years?
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Published on: 21 June 2023
The number of single-family homebuilding projects breaking ground rose to the highest level in more than three decades in May, according to official figures released earlier this week.