[April 26th, 2022] Globally, individuals and businesses spend over $10 trillion per year on construction-related activities -- and that's projected to keep growing by 4.2% until 2023. Part of this enormous amount of spending is on, and enabled by, rapidly-moving technological advancements that touch all areas of the ecosystem. In the 2020 report, The Next Normal in Construction: How Disruption is Shaping the World's Largest Ecosystem, McKinsey identified a growing focus on solutions that incorporate artificial intelligence (AI).
[March 18th, 2022] After a turbulent period of adjusting forecasts and changing expectations, 2022 will be a year of reemergence and growth in the construction industry. Rising construction costs and labor shortages persist, challenging the industry to innovate competitive new ideas, while stricter regulations contribute to a reduced margin for error and waste.
[September 22th, 2021] According to the implementation plan of the Program about development of Nghi Son economic zone and industrial parks, in the period of 2021 - 2030, and vision to 2045, Thanh Hoa is expected to have 19 industrial parks equivalent to total area of 5,921 ha.
[September 17th, 2021] The sustainable development problem sets out the requirement to develop industrial supporting urban areas in localities that attract foreign investment.
Colliers Vietnam has released its report on 3 development trends of industrial real estate in 2021 and considered that this segment is in the fast growth cycle with high rents and ideal rates. Currently, the average price for rent of patch of industrial land in early months of year has jumped to $165 per square meter, while this figure in Hanoi also reached $140 per square meter for the lease term.
From April 2021, Kanematsu Corporation Japan has completed the share purchase procedure and officially became a strategic shareholder of ATAD.