Construction

Demand for housing and office space in the Philippines is expected to remain high on the back of impressive economic growth. Despite an increase in new space, property developers expect vacancies in premium residential and office space across business districts to remain scarce. According to Colliers International, demand is so high that even with...

An extraordinary construction boom is transforming the skyline of the national capital, Manila, as well as other provincial cities. What were once rundown neighbourhoods have become chic, and abandoned former US military bases have been transformed into new business districts, catering mainly to the fast-growing outsourcing sector. Work on highways...

Besides focusing on major construction projects aimed at modernising transport links and social infrastructure, a considerable part of Algeria’s recent spending drive has also been directed at enlarging the pool of affordable homes for the growing population.

Although momentum slowed following the global financial crisis that began in 2008, Algeria’s real estate market has remained buoyed by its strong fundamentals. Government-led investment is driving sector growth, not only in the more populated regions of the north, but also through expansion of developments across the country’s central and southern...

The continuous process of upgrading existing infrastructure is helping Algeria to open up its economy as it diversifies activities away from hydrocarbons, and has delivered a boost to contractors and construction firms, particularly in the private sector. Overall, Algerian authorities are set to invest €222bn between 2009 and 2014, involving...

In the wake of the revolution, one of the biggest issues facing the real estate business in Egypt is the question of access to, and ownership of, land. The legal background surrounding title to land can be unclear, partly due to the country’s history, which has seen Ottoman legislation overlaid with European legal codes, and a tradition in which...