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The Current Global Economic Trends

The International Monetary Fund (IMF), in its latest World Economic Outlook, has pared the global growth forecast from last October’s estimate. The global economy is now projected to grow 3.5% in 2019 and 3.6% in 2020, 0.2 and 0.1 percentage points below the last estimate. The projection is backed up by a list of downside […]

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Major implications of the GST rate cut on under-construction houses and affordable housing

The GST Council on Sunday has finally come out with the decision that was long awaited by the real estate industry and prospective home buyers. It had, on last Wednesday, deferred the decision to consider a reduction in tax on under-construction houses to Sunday, 24th February. The Council announced its decision to slash the GST […]

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Blockchain: Bringing Accountability and Transparency to the Food Supply Chain

The application of blockchain technology has transformed many businesses and the food supply chain is no exception. It is transforming the entire food industry by increasing transparency, efficiency and collaboration throughout the food tracking system. It is an incorruptible digital ledger,that stores records for every product – when it was made to when it was […]

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Impact of Land Constraint on Data Centres

Cloud computing and IoT have increased the amount of data that is being generated and stored, thereby driving growth of the Data Centre construction market. Today, even small and medium-sized businesses are looking to have their own data centres. This rising demand for data centres has led to a scarcity of land available for building […]

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Facilities Management Services Market – An Overview

It is forecasted that the FM market is to see rapid growth in the next five years, with the APAC region becoming the largest FM market in the world by 2025 driven by economic growth, commercial construction and a rising culture of services outsourcing. This being the case, firms have come to realize that partnering […]

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Energy Management in CRE in Post Construction Phase

Energy Management In CRE | Vestian
The previous article talked about energy management in CRE during construction. Here, we talk about how to best manage and conserve energy in post-construction phase. Building management can be very complex, as it involves multiple systems working together at the same time. Seamless management of these systems leads to smooth operations.   So here are […]

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Energy management in the CRE

Buildings account for 40% of the world’s energy usage. That being the case, focusing on sustainable practices and green energy generation in the construction industry will have a positive impact on the environment. Why the sudden rise in demand for Green buildings? The consequences of increasing carbon footprint such as scarcity of clean drinking water, […]

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