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For years, tall buildings were a booming part of the sector and tower cranes were a reliable indicator of the health of the industry. But with home working and rural living on the rise, will this continue to be the case? Margo Cole examines whether the pandemic could stem the demand for large city-centre blocks The COVID-19 pandemic has dramatically changed working patterns in the UK. With a large proportion of the population working from home for much of the past 13 months, offices have sat empty. The assumption that many employees will want to continue working from home either permanently ...

Rhode Partners builds Austin's tallest skyscraper from cantilevered glass Called The Independent, 688-foot-tall (212 metres) tower sits between Austin's Seaholm District and Shoal Creek. The tower resembles stacked Jenga blocks It is several feet taller than The Austonian, a 56-storey residential tower that completed in the Texan capital in 2010. Rhode Partners described the new apartment building as a "vertical neighbourhood". "As a new addition to the city's skyline, The Independent's striking silhouette represents the bold and innovative spirit of Austin," Rhode Partners told Dezeen. A swi...

File pic: Micro apartment in Hong Kong HONG KONG: There’s rarely been a better time to be apartment hunting in Hong Kong than right now. Rents in one of the world’s most expensive real estate markets dropped to HK$33.60 ($4.33) per square foot in the first quarter, the lowest since the end of 2016, data from Centaline Property Agency Ltd. show. So a typical two-bedroom apartment in Soho now rents for about $3,500 a month, down from $4,200 two years ago, according to Spacious.hk online rentals. An exodus of expatriates following anti-government protests, combined with a declining populatio...

Hong Kong emigration may trigger $19bn of home sales Hong Kong homeowners may sell as much as HK$150 bn ($19.3bn) worth of property this year when residents emigrate to the UK. An estimated 13,100 to 16,300 households will move to the UK via their British National (Overseas) visas in 2021, Bloomberg Intelligence analyst Patrick Wong said in a report today (27 April). Related articles The number represents 0.9% to 1.1% of households living in privately owned homes. If all of them sell their properties to fund their move and living costs, they could generate a maximum of HK$150bn in 2021 alone,...

Tower hungry: City of London’s high-rise appetite is as fierce as ever Will Ing investigates why so many are still being built The City of London’s appetite for more steel-and-glass skyscrapers shows no sign of relenting, unaffected by either the global pandemic or the climate emergency. Advertisement In the first few months of this year, three office towers, all taller than 145m, were approved by the City of London Corporation. They join three consented towers given the green light in the past few years  – two of which are more than 250m tall, plus a further three under construction ...