Archive for Property Developers
Sign In Building Maintenance & Asset Management Expo Asia 2008 (BMAM EXPO ASIA 08)
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Venue: Impact Exhibition and Convention Centre
Date: 25th -26th September 2008
This exhibition and conference is set to be the largest annual gathering and dedicated market place for international suppliers with over 300 international exhibitors, ranging from management service, product and technology providers covering maintenance management, predictive maintenance, Health & Safety and property management will showcase their latest technology, equipment, products and services to a targeted visitor audience.
Running alongside the exhibition will be a highly interactive series of workshops and seminars featuring tutorials, case studies, strategies trends, technology and methodology conducted by key industry experts.
Responding to emerging market demands, this event aims to serve as an annual 2-day international exhibition and conference platform that will bring together all key players in the business and market under one roof. Acting as an educational forum for building owners and key decision makers, to understand the benefits and importance of maintenance and asset management.
For further information visit www.impact.co.th or email: finec@impact.co.th or tel- +66 (0) 2833 5120.
An International Exhibition organised by the industry, for the industry.
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Canadian Building Permits Decline In June
According to the Canadian Real Estate Association, building permits declined 5.3 per cent in June. This represents the biggest fall since November 2007 in the country’s construction sector.
The value of residential permits fell 4.4 per cent, as builders planned fewer multiple-unit projects. Non-residential permits also dropped 6.6 per cent, due to less construction activity by utility and hotel companies.
The value of permits issued by municipalities reduced to C$6.32billion, although economists were anticipating a smaller fall of 1 per cent. Many reporters see this as further confirmation that housing and construction will detract from Canada’s economic growth this year, as record prices and rising mortgage costs make real estate purchase less affordable.
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Housing Construction Showing Signs Of Cooling
The number of housing starts in Canada fell in June, but the previous month’s figure was upwardly revised which convinced economists the sector is not headed for a US-style meltdown.
Housing starts fell 4.3 per cent to a seasonally adjusted annual rate of 217,800 units last month from a revised 227,700 units in May.
Data from Canada Mortgage and Housing Corp (CMHC) came in ahead of the median estimate of analyst, who had expected 217,000 starts in June. Even though the June numbers showed the construction sector cooling, some economists predict the decline will not turn into the type of meltdown that has plagued the US housing sector since last year amid the sub prime mortgage crisis.
Bob Dugan, chief economist at CMHC said,
“Despite the decrease in June, total housing starts remain at high levels. This is mostly due to the multiple segments, which has been continuously above the 100,000 unit threshold since the beginning of the year.”
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