Global News

1 UNITED STATES

International Code Council focuses on energy efficiency

The International Code Council

has released a new framework to assist governments and building industry stakeholders in meeting energy efficiency and greenhouse gas reduction goals.

2 UNITED STATES

Walker & Dunlop arranges financing for new US landmarks

Walker & Dunlop, Inc. has arranged $138 million bridge financing for the construction of The Rise Hollywood, a 369unit 7-story mid-rise apartment project in Los Angeles - one of a number of recent financing deals across the US. 3 UNITED KINGDOM

Sir Robert McAlpine wins NHS design construction contract

Sir Robert McAlpine has been selected as the design and construction delivery partner on the £72.6m CEDAR (Care Environment Development and Re-provision) upgrade programme for the Cumbria, Northumberland, Tyne and Wear NHS Foundation Trust (CNTW).

4 SWEDEN

Castellum invests SEK154 million in third Stockholm facility

Castellum has begun

construction work on a third facility in Brunna, Stockholm, which it aims to occupy in Q2 next year. The SEK 154 million project on Mätarvägen 43 has 11 meters ceiling height, marshalling yards, cargo buildings and ground gates, and are "perfectly adapted" for warehousing and logistics companies in need of large areas, with up to 1,700sqm in lettable area yielding an annual rental value of around SEK 15 million. 6 BAHRAIN

Bahrain Metro Project launches global procurement process

The Kingdom of Bahrain’s Ministry of Transportation and Telecommunications (MTT) has launched a procurement process for the construction of the Bahrain Metro Project. Earmarked to cost between $1-$2 billion, the Metro aims to develop a modern public transport network across the Kingdom complete with fully automated, driverless technology.

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5 JAPAN

Toyota embarks on new mobility direction with Woven City

Toyota is looking to transition from an automobile manufacturer into a mobility company under the guise of its Woven City project which will blend new tech and 21st century living. Woven City, located at the former Higashi-Fuji Plant site of Toyota Motor East Japan, at the base of Mount Fuji, will have three types of streets interwoven with each other on the ground level, dedicated to automated driving, pedestrians, and pedestrians with personal mobility vehicles.