Coming up
Engineers proffer innovative solutions to tackle building collapses in Ghana
GREDA climaxes 35th Anniversary celebration with Awards Night
Real estate investment in Portugal exceeds one billion euros
Engineers proffer innovative solutions to tackle building collapses in Ghana
At the 37th Annual General Meeting of the Institution of Engineering and Technology (IET) in Accra, engineers Mark Nyameche and Dr. Ransford Opoku-Darko unveiled innovative solutions to tackle the persistent issue of building collapses.
Going beyond merely identifying the immediate causes and consequences, the two presented a visionary roadmap that painted a compelling narrative for transformation towards a more secure and resilient future.
The engineers exposed a complex interplay of factors contributing to these collapses, including the involvement of non-professionals, poor construction practices, uncontrolled urbanisation, non-compliance with building regulations, and a lack of geotechnical investigations, among others.
Their proposals included full compliance with existing engineering and building regulations, categorization of professional engineers based on expertise and project limits, and the strengthening of the Engineering Council for effective oversight.
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Moving on
The Ecobank-Joynews Habitat Fair has been held at the Accra International Conference Centre.
It was under the theme “Affordability, Comfort, and Luxury,”. The event served as a distinctive platform for potential homeowners and real estate companies across the sub-region.
The headline sponsor, Ecobank, a prominent Pan African financial institution, offered tailored financial assistance to attendees.
Some exhibitors who participated in the fair were SAHS Safety and Home Solutions, Superlock, and Faim Company Limited.
Organisers say they contributed to the event’s vibrancy and comprehensive representation of the housing and construction industry.
The 35th Anniversary celebration of the Ghana Real Estate Developers Association (GREDA)climaxed with an awards and dinner night in Accra.
Lakeside Estates Limited stood out among the awardees, securing multiple awards. including the Green Awards and the prestigious Overall Real Estate Company of the Year.
Under the theme “35 years of Successful Housing Through Stakeholder Collaboration,” the event brought together distinguished industry players for a reflective and captivating evening.
In his address, Mr. Patrick Ebo Bonful, GREDA President, emphasised the crucial role of various stakeholders in creating sustainable and inclusive housing solutions.
He urged the government, private institutions, and individuals to leverage their expertise, resources, and perspectives to address the country’s housing challenges.
Mr. Bonful highlighted the sector’s progress, noting that the real estate industry contributed about GH¢ 11 billion to Ghana’s Gross Domestic Product in 2020, compared to GH¢ 9 billion in 2019.
He emphasised that collaborations should be built on trust, effective communication, and strong leadership.
Let’s head to Portugal
Real estate investment exceeded one billion euros by September 2023, according to data from Savills Portugal.
The retail and tourism sectors lead investment transactions in the national market.
Experts say despite the drop in energy prices and a stable job market, the context experienced across Europe in recent months, marked by high levels of inflation.
According to the results, in the 3rd quarter of 2023, the real estate investment market in Portugal reached a total amount of 262 million euros, a value that represents a decrease of 46% compared to the previous quarter.