The number of new home approvals in Australia fell by 0.9% in June, the second monthly fall in a row, according to the latest data to be published. In seasonally adjusted terms, total approvals decreased 2.9% with both total other residential dwelling approvals and total houses down by 3.4% and
The building industry is booming in London now that Sadiq Khan has relaxed rules surrounding housing. As reported by the Guardian, the Mayor of London, plans to build over quarter of a million new homes in the bustling capital’s outer suburbs, which fits in with recent housing movements. In the
Bouygues Construction has announced their plans to accelerate the digital transformation of their project activity with a new collaboration with Accenture and Dassault Systèmes. This new collaboration will help Bouygues to centrally manage their construction projects from start to finish. The initiative has been seen as a logical extension of
BDC 321 : Oct 2024
The number of new home approvals in Australia fell by 0.9% in June, the second monthly fall in a row, according to the latest data to be published. In seasonally adjusted terms, total approvals decreased 2.9% with both total other residential dwelling approvals and total houses down by 3.4% and 2.4% respectively. The figures from the Australian Bureau of Statistics (ABS) also show that the value of total building approved rose 1.2% in June, in trend terms, and has risen for six months. The value of residential building rose 0.1% while non-residential building rose 3.7%. A breakdown of the figures show that home approvals decreased by 5.2% in Western Australia, by 3.7% in Tasmania, by 3.2% in Queensland, by 2.8% in the Australian Capital Territory and by 0.1% in Victoria. They increased by 3.6% in the Northern Territory, by 1.6% in South Australia and by 0.8% in New South Wales. Private sector house approvals fell by 3.5% in Western Australia, by 0.6% in Victoria, by 0.5% in Queensland and by 0.3% in South Australia but increased by 0.9% in New South Wales. Overall approvals are continuing to ease back from the record highs hit last year, according to Shane Garrett, senior economist for the Housing Industry Association (HIA). He explained that approvals for both the detached house and multi-unit side peaked in the middle of 2015. ‘Since then, detached house approvals have glided lower in an orderly manner. Multi-unit approvals have continued to be resilient, although sit at levels slightly lower than a year ago,’ Garrett pointed out. ‘The immediate pipeline of new home building work is set to remain very solid, based on this latest approvals update. Recent approvals releases have also highlighted the considerable variation in new home building activity across the different states and territories. We expect the trajectory of new dwelling approvals to continue retreating at a modest pace over coming months,’ he added. Source link
The building industry is booming in London now that Sadiq Khan has relaxed rules surrounding housing. As reported by the Guardian, the Mayor of London, plans to build over quarter of a million new homes in the bustling capital’s outer suburbs, which fits in with recent housing movements. In the last year the residential market in London has seen a surprising upturn during the second quarter of the year, and there has also been an increase in the sale of luxury properties. Of course, the new housing won’t be for the rich and affluent; instead the homes are being built with young professionals and families in mind, helping to deal with the housing crisis in the UK. Sadiq Khan said, “I am using all of the powers at my disposal to tackle the housing crisis head on.” Over 250,000 New Homes In London The suburbs are now preparing for a large amount of construction after the Major lifted rules surrounding local character in London. This may be a cause for alarm for some people, but Khan is still prioritizing the environment; the housing plan goes hand in hand with a plan to protect the London Green Belt. The plan is certainly ambitious, but it looks like it will be achieved within the next few years. The new houses will be placed in 13 of the outer suburbs of London, avoiding the city centre which is already heavily crowded. One third of the houses will be built on surprisingly small sites, including in areas where there are unused apartments and shops. Some of the sites are even in used back gardens. Khan created the detailed plan in 2016, and although many critics were initially concerned about the idea many people have now warmed to it. The Need For Building Services Once the houses are built it is extremely important to maintain the properties. Houses can last for hundreds of years if they are properly maintained by professional building services, but if not they can quickly decay and age – and this means that even more money will need to be spent further down the line. For this reason it is important to hire a quality cleaning team who have experience maintaining residential properties. This housing plan is set to be one of the biggest residential builds in the UK in 2017, and it will transform the lives of thousands people who are living in London. It will also create more work for the construction industry and building services, benefiting the community in various ways.
Bouygues Construction has announced their plans to accelerate the digital transformation of their project activity with a new collaboration with Accenture and Dassault Systèmes. This new collaboration will help Bouygues to centrally manage their construction projects from start to finish. The initiative has been seen as a logical extension of the commitment that has already been made by the company to further industrialise their operations and enhance collaboration within its supply chain partners. The increased rate of this digital transformation has taken place after the adoption of the Building Information Modelling methodology several years ago. The framework that has been designed with the collaboration between the three companies will help to integrate technologies and processes in order to drive end-to-end efficiency in construction operations. This collaboration will create a pioneering initiative for the construction industry, as the three companies have signed an agreement to develop a digital environment for collaborative construction project management, based on Dassault Systèmes’ 3DEXPERIENCE platform, already used in a range of other industries such as automotive and aerospace. The transformation programme which is being launched with Dassault Systèmes and Accenture which marks a fundamental change for our supply chain with a digital work platform that can employ all of our project data across the board. The solution that has been created will guarantee greater efficiency to help them satisfy their customer’s expectations. The 3DEXPERIENCE platform will offer Bouygues a unique opportunity to be a pioneer in the construction sector, with the development of business processes and a more holistic approach can help to integrate the company with its supply chain into a value creation chain. This is one of the first initiative of its kind to be created for the construction sector and will use the latest technologies in order to enable a simultaneous collaboration of the entire ecosystem of a construction project.
