Construction

Building houses in Portugal is getting increasingly expensive with costs up 3.8% YoY and 3.2% on February. Portugal’s National Statistics Institute (INE) estimates that the costs of building new [...]

Portugal’s government is running a serious risk of failing to meet its pledge to build nearly 60,000 new homes at affordable prices to help solve the country’s housing crisis unless its reduces [...]

Mota-Engil is completing the acquisition of 100% of the shares in Brazilian construction company Empresa Construtora Brasil (ECB), 13 years after having acquired 50% of the company. Mota-Engil [...]

The Portuguese construction company Teixeira Duarte has announced that it has come to an agreement with its three creditors – banks BCP, Caixa Geral de Depósitos (CGD) and Novo Banco [...]

The CEO of Portuguese residential housing developer VIC Properties, João Cabaça, says it has plans to build around 3,000 new homes in East Lisbon close to the riverfront between Matinha and [...]

Portugal’s construction sector suffered the 2nd highest fall in production output in the EU in January this year. However, construction output in the Euro Zone as a whole remained stable and in [...]

When it comes to doing business in Saudi Arabia, no one knows better about the challenges and opportunities in this fast-growing market than Pedro Ribeiro, General Manager CBRE Kingdom of Saudi [...]

Portugal’s Secretary of State for Housing, Patrícia Gonçalves, has admitted that the country’s housing crisis is “a complex problem” and requires “many policies to converge” to provide a robust [...]

In December 2024, Portugal’s construction sector enjoyed the third highest output in terms of projects in the EU with a MoM increase of 3.6% while YoY it had the fourth largest increase (5.1%) [...]

The Portuguese government has again confirmed that it will slash VAT on the construction or refurbishment of properties for affordable housing to 6%. The confirmation was made by Portugal’s [...]