The national budget which was presented to the National Assembly on June 11th 2020, by the Finance minister Mr. Ukur Yatani ( under the theme: Stimulating the Economy to Safeguard Livelihoods, Jobs, Businesses and Industrial Recovery) affected different industry players in the country, with those in construction and real estate industry experiencing a significant impact of the much-anticipated budget. Besides, this year’s budget was presented against the background of a declining economic performance evidenced by the increasing closure of businesses, especially those in the hospitality sector and the SMEs. Furthermore, the country is experiencing a disrupted supply chain, a reduced investment appetite among many Kenyans, as well as a declining GDP – which was estimated by the CBK to operate at 2.5 down from the previous estimate of 5.4 percent, with economic growth expectations of 1.6 percent.
As such, the government proposed various measures on how to introduce the right economic recovery policies to revive the economy amidst the coronavirus pandemic to kick-start the economy. Moreover, with the big four agenda being a common lingo in the development policies of the government, the budget statement proposed a considerable allocation to the infrastructural and the affordable housing programs, and as well as to various real estate and the construction sector.
The following Budget proposal will impact the real estate and construction sectors, as analyzed below:
SMEs
The budget addressed the recovery measures for the collapsing SMEs, which include those in the Construction and Real Estate Sector, with the Treasury proposing measures for the operationalization of the Credit Guarantee, as well as enforcing the list of items for local procurement to promote the “Buy Kenya Build Kenya” initiative. Furthermore, to de-risk lending to the Micro, Small Medium Enterprises, the Treasury proposed to set aside Ksh 3.0 billion seed capital to operationalize the Credit Guarantee Scheme and a further Ksh 712 million to provide affordable credit to Micro, Small and Medium Enterprises in the manufacturing sector in an efficient and structured manner.
Construction
Moreover, infrastructure being a significant theme under the 2020/21 budget, the government proposed to use local contractors to rehabilitate road networks that were damaged by the recent heavy rains across the country. As such, the Treasury proposed to allocate Ksh 172.4billion, (an addition to the allocations set aside in the Economic Stimulus Programme), to support the construction of roads and bridges as well as their rehabilitation and maintenance, and a further Ksh 18.1, 6.0, and 5.0 billion for the SGR Phase II (Nairobi-Naivasha), the LAPSSET Project, and for the Mombasa Port Development Project respectively. In addition, the Treasury proposed to allocate Ksh 6.3 billion for the Horizontal Infrastructure Phase 1 (EPCF) for Konza Technopolis City, Ksh 400 million for the ongoing construction of Konza Technopolis Complex Phase 1B; and Ksh 5.1billion for the Konza Data Center & Smart City Facilities project.
Still on construction, the government proposed to review the contracting framework for infrastructural projects in the country with a view of ensuring greater participation of local contractors, thereby retaining domestic revenues within the country and as well sustaining local building and construction companies’ cashflow.
Pending Bills to Contractors
On pending bills owed to contractors by the state corporation and Semi-Autonomous Government Agencies (SAGAs), the National Treasury constituted a Pending Bills Multi-Agency Team (PB-MAT) to deal with the existing historical and contested pending bills. Furthermore, the National Treasury proposed on withhold exchequer releases to the SAGAs with pending bills until an approved payment plan for all pending bills is agreed upon. Likewise, the Treasury urged county governments to clear all the pending bills owed to contractors by June 30, 2020, to facilitate liquidity in Kenyan companies. As such, the Treasury proposed an allocation of Ksh 10.0 billion to cater for the pending bills.
Taxation
On Income Tax Act, the government proposed to review the threshold for the rental income tax rated at 10% for landlords, upward from below Ksh 10 million to below Ksh 15 million per annum in order to enable more people, in this case landlords, who were otherwise locked out due to the KSh10 million limit, to utilize the simplified tax regime.
Hospitality
In a bid to support the hospitality sector, the government initiated urgent measures including a temporary lifting of ban to hold meetings in private hotels by Government Agencies and hotel refurbishment through soft loans to be channeled through the Tourism Finance Corporation. Additionally, the government proposed to set aside Ksh 3.0 billion in soft-loans to support the renovation of hospitality industry facilities and the restructuring of business operations by actors in the hospitality sector, which has recently seen a surge in the number of job losses and business closures leading to a disrupted real estate cash flow in the sector.
Affordable Housing
On Affordable Housing, the Government established the Kenya Mortgage Refinance Company (KMRC) aimed at providing fixed-rate long term loans at concessional mortgage rates to primary housing mortgage providers in the housing sector, whom the government expects to pass the benefit to homebuyers at lower than market rates. Furthermore, the National Treasury seeks to secure Ksh35 billion from development partners to support the Kenya Mortgage Refinance Company’s operations, which will intern facilitate adequate liquidity to be maintained by the housing mortgage providers (banks and Saccos). As a result, this is expected to prevent credit crunch that would inconvenience lower-income households and interrupt efforts to support affordable housing projects.
Still, on affordable housing, the KMRC is expected toay a vital role in the structuring of the proposed National Credit Guarantee Scheme to create an active backstop mortgage guarantee component that will cover the losses incurred by lenders in the future home loans.
Furthermore, the Treasury Ksh 15.5 billion to the housing, urban development, and public works sector, with Ksh 6.9 billion being assigned to the Affordable Housing Programme.
The C.S Finance also said that the Treasury is concluding discussions to get Ksh 3.6 billion funds rom the African Development Bank with 2.5 and 1.1 billion proposed to be allocated to the Kenya Urban Programme and the ongoing construction projects at the Gikomba, Githurai, Chaka, Kamukunji, and Dagoretti markets, respectively.
Private-Public Partnership
The government proposed to mobilize approximately Ksh 200 billion to enhance the bankability of projects in the private construction sector among other sectors in the economy, thereby accelerating financing conclusion by financial institutions in the private sector for projects that were at the negotiation stage in the Private-public partnership.
That said, the Kenya Nation Budget proposals for the financial year 2020/21 financial year are expected to amount to Ksh 3.2 trillion with the budget deficit projected to improve to 7.5% from the 8.3% in the current fiscal year with the country targeting 30% of funding locally.
B.) WEEKLY NEWS HIGHLIGHTS
MAJOR ECONOMIC NEWS HIGHLIGHT.
i.) Ukur presents a Sh3.2 trillion budget
On June 11, the Kenya National Treasury cabinet secretary presented a budget valued at sh2.7 trillion for the fiscal year 2020/21 starting July 01. Furthermore, the government set a budget deficit of 7.5 percent of the GDP for the financial year 2020/21following an economic slowdown attributed to Coronavirus, locust invasion, and flooding. The Treasury also evised the targeted fiscal deficit for the current fiscal year ending June 30, from 8.3 percent of the GDP to 6.3 percent.
ii.) Kenya central bank to hold its rate-setting meeting in July
The CBK announced on Tuesday that its monetary policy committee would hold its next rate-setting meeting on June 30, since their last meeting on May 27, which resulted in the setting of the benchmark rate at 7.0 percent. Besides, the CBK had cut its main interest rate twice since mid-march when the first case of Covid-19 was reported by a total of 125 points to support the economy.
iii.) Treasury economic growth projections questioned.
In a memorandum presented to parliament, the international Budget partnership and institute of public finance questioned the national Treasury on its growth projections stating that the Ministry’s proposal to fund the sh2.7 trillion budget for the 2020/21 financial year was unrealistic. Besides, the institutes warned that the country’s consistent failure to meet revenue targets and the high public debt would dampen efforts to steer the economy back to recovery.
iv.) The value of defaulted loans amounts to Sh366 billion.
According to the CBK, the value of defaulted bank loans hit a 13 year high since 2007, standing at sh366 billion, a rise by sh11.1 billion in April 2020. Besides, the data from the CBK showed that the ratio of non-performing loans (NPLs) stood at 13.1 percent, a rise from 12.5 percent recorded in 2019 attributed to cash flow burden to workers and businesses brought about by coronavirus pandemic.
CONSTRUCTION NEWS HIGHLIGHTS
i) H.F. unveils first 80 units of its Sh5bn Clay City in Nairobi
The housing finance group unveiled the first 80 apartments of its Sh5 billion development on June 08,2020, pushing forward its plan to build a 1520 unit estate in Nairobi off Thika road at its clay works. The units will go at 8.65 million, a reduced price from the previous Sh9 million per unit. Besides, the project which sits on 24.5 acres will be built in three phases – with phase one set on 8.6 acres, phase two on 10.5 acres, and phase three on 5.4 acres.
ii.) Treasury to fund construction of Gikomba, Githurai, Chaka, Kamukunji, and Dagoretti markets under the affordable housing kitty
The National Treasury on Thursday proposed an allocation of Sh1.1 billion for the ongoing construction of Gikomba, Githurai, Chaka, Kamukunji, and Dagoretti markets. The fund, which is under the Affordable housing Kity, is an addition to Sh10.5 billion channeled to the affordable housing program in the 2019/2020 budget.
iii.) Nema approves Tatu city for the 2nd phase of the mega construction
Tatu City has received National Environmental Management Authority’s (Nema) approval for the 2nd phase of the construction project covering 2,500 acres with the Kenya wines company set to be the first developer with other company’s expected to follow later on in the year. The expansion was attributed to the high demand for commercial and residential developments in the area.
iv.) Contractors continue to resist the gazetted Defect liability law
The Joint Building and Construction Council (JBCC) have protested the recently gazetted National Construction Authority (Defect Liability) regulation 2020, complaining that the government overlooked them during the formulation process. The agency stated via a memorandum presented to the National Construction Authority on June 10, that the formulators of the regulation were ignorant of the working of the construction sector.
COMMERCIAL REAL ESTATE HIGHLIGHTS
i.) Hospitality facility hard hit by Covid-19 to get an extension of loans by two years.
The Tourism Finance Corporation restructured and extended loan payment period for loans worth sh634 million by 12-24 months for hospitality facilities hard-hit by Covid-19 pandemic. In a statement, the managing director Jonar Orumoi said that the institution was considering lowering its interest rate, which is currently at 9.5, below the Central Bank Rate to cushion the hotels from the income loss that has seen many send workers home and close down.
ii.) Allocation of the affordable house to be conducted in July.
According to the State Department of Housing through a statement by P.S. Charles Hinga on 6th June, the state plans to begin allocating 1,370 affordable housing units in July 2020, and consequently, the policy and criteria for allocation will be published within the week to give a clear picture of the basis for allocation. Furthermore, Civil servants will have a considerable advantage over non-civil servants in the allocation, which according to the P.S., will see Civil servants who have contributed a minimum of sh 187,500 being allocated 60% of the units. In comparison, the remaining 40% of the units will be assigned to non-civil servants.
iii.) Landlords want tenants to prove loss of income for rental relief.
Landlords, through the urban Tenants Association of Kenya, wants full access to information on Employment income details and place of work, among other supporting documents that show proof of loss of income. According to the association’s secretary-general Mr. Ephraim Murigo, while on a virtual Tv show on June 09, said the lobby wants to avoid the situation where tenants take advantage of the Covid-19 pandemic by not paying rent, yet they have the ability.
iv.) Home-ownership saving relief for workers end after 24 years.
As an incentive to boost tax collection, The National treasury, on June 11, proposed to amend the Income Tax Act to eliminate tax reliefs for workers saving in mortgage funds for home purchase, a practice that has been there for 24 years. The relief cut the pay that is subject to tax by up to sh8, 000 monthly or Sh96, 000 annually, translating to savings of up to sh2, 500.
C.) KENYA REAL ESTATE TRENDS
i.) Demand for Town-houses surges breaking the trend for the preference of apartments as home buyers opt for low-density buildings.
Quarter oneeport released by the Kenya Bankers Association indicated that there was a growing appetite for town-houses in 2020 away from apartments. Moreover, the report stated that the demand for townhouses, which was inferred from concluded sales, rose by 13.95 percent.
Furthermore, the pick-up in townhouses accounted for up to 45% of the total housing units sold between January and April. However, 78% of all transactions were recorded in Thindigua, Kiambu, South B, South C, Kabete, Komarok, Imara daima, Membley, BuruBuru, Rongai, Waiyaki way, and Langata. Meanwhile, Apartments, bungalows, and maisonettes accounted for 33%, 12%, and 10% respectively of all the units sold in Q1, 2020 indicating a contraction in demand by 95.9 and 57.1 percent for apartments and masionettes, respectively.
ii) Student accommodation housing sector set to continue in an upward trajectory.
In recent years, student accommodations been posting an upward trend delivering a high and consistent rental income to investors as compared to other property assets, which are subject to fluctuations. Furthermore, the considerable student enrolment in colleges and universities has led to a surge in demand for student’s accommodation.
Over the past few years, the demand-supply gap between student accommodation and student enrolment has been widening year in year out, with the deficit projected to expand further in 2020 as the government increases enrolment to universities, colleges, and TVETs. Moreover, according to a recent economic survey released on pril, 26th 2020 by the Kenya national bureau of statistics, student accommodation stood at 796,000 units in 2017/18 academic year, with the number growing by 15.5% to 919, 400 units in 2018/19 academic year. According to the 2019 census data, the number is expected to grow over the years as the university/college age demographic continues to grow.
D.) GLOBAL REAL ESTATE TRENDS
i.) Team-based workspaces, open office configurations lose touch in the USA
The Covid-19 pandemic has reversed trends in the team-based workspaces, open office configurations that have been on the rise in the USA over the recent years. Janet Pogue-McLaurin, Gensler global workplace practice areas leader, in a Vox interview, said that densification would take a hiatus as the pandemic shifts the norm in doing businesses.
Moreover, office space occupants in the USA are dedensifying open office spaces to facilitate the social distancing requirement as the new Covid-19 protocols call for greater social distancing in workplaces via spatial, physical, and temporal means. As such, Workstations have been spaced further apart, conference rooms depopulated, space-dividing partitions erected, and staff issued rotating schedules.
Consequently, commercial building owners and investors in the USA, as well as Kenya, are questioning the rationale for investing in traditional expensive real estate office space investments, now that office tenants have carried out a mostly successful pivot online.
ii.) Landlords Digital adaptation in Dubai on the rise amid slowdown as due to Covid-19
With Dubai’s real estate market predicted to see a boom post Covid- 19, and the need for a necessary tool that accommodates landlords and tenants, the concept of virtual reality is gaining traction among landlords as the hunt for properties digitally surges. The need for landlords to innovate in marketing their properties in a safe and accessible way is continuously creating the need to come up with a Top-notch A.I. tech that is enabling potential property buyers to experience the property without a physical visit.
As such, landlords’ dashboards are being built to empower landlords to make better informed rental decisions predicated on data-led insights, resulting in higher occupancy rates, optimal asset performance, and greater returns. As a result, platforms that allow landlords to monitor the number of visits per property, data-driven pricing information, and calculations on rental yields, return on investments well as making data comparisons with aggregated market data, being developed. Besides, the dashboard lets landlords manage the portfolio and tenant market actively, enabling their decision on letting, pricing, and management.
E.) COMMON REAL ESTATE & DEVELOPMENT CHALLENGES, AND SOLUTIONS
Hiring the right and reputable Contractor to undertake your Project:
YOUR CHALLENGE:
In Real Estate Development or while building a Home, you will come to a stage where you shall require a building Contractor to help you execute the construction process at the site. Your challenge comes in securing the right and reputable Contractor to under your project, in an age market marred with poor quality work and incompetence in other instances.
THE SOLUTION:
There are a few things to consider in your due diligence in choosing a contractor to undertake your construction project:
a) Technical Capability and Evaluation of the Contractor: The Contractor must be technically capable to execute the work. This includes hiring a contractor who has the required machinery and equipment, work force and qualified human resource, and proven record of delivery of quality works. This can be establish first by review of the Contractor Company Profile, followed by a visit to the Contractor’s Yard to establish that he has the right equipments and machinery. Verification of quality of work by the contractor can be established by taking a look at previous works done by the contractor through physical visit to the property, as well as making reference and inquiries to owners of those property on the quality of work.
b) Financial Capability and Evaluation of the Contractor: You should also establish that the contractor is financially capable of executing the works, to avoid a situation of hiring a contractor who does not have the financial capacity of executing the works. This can be done asking the contractor to provide financial proof that he has the capacity to execute the works. Alternatively, you may also carry out due diligence on the matter, by inquiring on the contractor’s financial capability from recent customers whom the contractor has rendered the same service, on their experience regarding the contractor financial capability.
c) Registration with Relevant Authority: The other thing to consider while hiring the right and reputable contractor to undertake your project is registration with relevant authority. In Kenya, the Contractor must be registered with the National Construction Authority (NCA). You should also ensure that the Contractor is registered the right class, type, or trade of work by the NCA, to ensure that you engage the right contractor specialty for particular works or scope (size) of the works.
d) Due Diligence on Litigation: Checking that the contractor that you are hiring is not under any related litigation, is an important due diligence step while hiring a contractor to execute your project. Contractors with litigation matters may end up declaring bankruptcy in the middle of your contract, or still running out of finances for carrying out the works.
THE CONSULTANT TO ENGAGE:
The Consultant to engage to help you in choosing the right and reputable contractor to execute your project is a Quantity Surveyor.
F.) THIS WEEK ON FREQUENTLY ASKED QUESTIONS (FAQs), AND ANSWERS
QUESTION:
What are the ultimate things to consider while buying land to build your home?
ANSWER:
There are a number of things to consider while making the crucial decision of buying land to build or to develop your home. The most important include:
a) Location: This is the most important thing to consider while buying land to build your home. You shall need to consider the proximity of the land to social amenities like hospitals, school, as well as workplace.
b) Infrastructure: This entails consideration of support infrastructure like access road to the land, as well as the proximity of the land service amenities like Electricity, Water, Sewage System, and Internet access.
c) Due Diligence on Ownership History: Land being a sensitive issue in Kenya, due diligence on ownership history is important while considering land to buy a home. This involves carrying out a search at the land registry to establish the rightful owner. The search will also help establish the history of ownership of the land, and whether the property has any claim as a collateral for loan or debt.
d) Price and other Costs: Affordability is also a key element to consider will buying land to build a home. You need to go for land offer competitive price in the market, as well as flexible terms of payments where possible. You should also consider the cost associated with running of the service amenities, or the life cycle costs of maintaining the property to ensure that they are not strenuous on finances in the long run.
d) Physical Topography of the Land and Soil Type: It is also important to consider the physical topography of the land, to ensure that you do not buy land in an area prone to flooding, or swampy area. This can be done through topographical survey and well as soil tests, to establish the physical drainage landscape of the area, as well as establish the soil type which can influence the costs of foundation, in cases where you are building on various soil types like black cotton soil.
G.) THIS WEEK ON DEVELOPMENT COSTS ANALYSIS – WESTLANDS AREA, NAIROBI COUNTY
This week’s focus on Development Cost Analysis is for Westlands Area, Nairobi Country, an upmarket area of Nairobi County. The Development type in this area according to the land-use and county zoning regulations includes Apartment Blocks, Maisonettes and Town House, Hotels, and Shopping and Retail Complex,
Below is an analysis of Construction Cost per Square Meter (SM), for the option of procuring the development project through a Building Contractor, or an option of direct procurement of the Materials and Labour through Labour Contractor on some specific building types.
H.) THIS WEEK ON REAL ESTATE PRICE ANALYSIS – WESTLANDS, NAIROBI.
The Real Estate price analysis focus for this week is on land, sale, and rental prices for a 2 and 3 bedroom apartment in Westlands Area, Nairobi. The data were obtained through surveys, and analysis of asking prices on property listing in Nairobi.
i) Sales price – Apartment
ii) Rent price – Apartment
iii.) Land price per acre (commercial)
I.) CENTRAL BANK OF KENYA INTEREST RATE WATCH – (T-BILLS)
The money market was liquid during the week ending June 11, supported by government payment. The average interbank rate declined to 2.59 percent on June 11 from 3.14 percent on June 04, with the excess reserve standing at KSh38.9 billion in relation to the 4.25 cash reserve requirement. Over the week, the appetite for government securities increased, open market operations remained active, and the interbank rates remained relatively stable.
91 day T-bill declined by 0.06% from 7.325% previous week rate to 7.26%. CBK offered a total of Kshs4 billion, and bids amounted to Kshs11.761 billion, of which 3.858 was accepted. Volume on bids received increased week on week basis. 182 day T-bill declined by 0.142% from 8.200% previous week rate to 8.06%. CBK offered a total of Kshs10 billion, and bids amounted to Kshs26.495 billion, of which 6.7 was accepted. The 364 day T-bill declined by 0.135% from 9.165% previous week rate to 9.03%. CBK offered a total of Kshs10 billion, and bids amounted to Kshs31.465 billion, of which 12.290 was accepted.
J.) KENYA EQUITY MARKET INDICES
Trading activities at the NSE remained relatively stable with the NASI, NSE 20, and the NSE 25 share index gaining by 1.755, 3.30, and 2.13, respectively. Nevertheless, the anticipation for the National budget, which was presented to the Nation by the C.S. Finance, Mr. Ukur Yatani on June 11, was attributed to the reduced trading activities for the week ended June 12. Consequently, the total shares traded during the week plummeted by a margin of 23.93 percent to 17,105,300 million from the previous session 22,488, 400 million. Nevertheless, the Market capitalization and the I-REIT turnover rose by 2.29 and 189.46 percent, respectively. Moreover, the number of I-REIT deals increased from 30 to 31 deals.
K.) KENYA CAPITAL MARKET ANALYSIS
During the week ended June 12, 2020, the financial sector of the capital market was on an upward trajectory with stocks in these sectors, gaining traction among stock investors. Consequently, Kenya Re, Britam, Equity, KCB, and Safaricom were the most sought stocks during the week. Meanwhile, Britam, East Africa cables, Home Africa, Kenya Power, and Standard Group Limited were the week’s top gainers with their stocks increasing by 9.95%, 9.30%, 4.55%, 4.09%, and 3.64% respectively. Nevertheless, the week’s top losers were Compugen Plc, Flame Tree Group Holdings, Small Business Investment, Sasini, and CIC, with their shares declining by 9.03%, 8.04%, 7.78%, 2.65%, and 2.54% respectively.
L.) CURRENCY HIGHLIGHTS
Kenya forex reserve surged back to pre-coronavirus levels hitting sh9.26 billion, fueling shilling’s strength against the dollar. The local currency remained relatively stable against major international and regional currencies during the week ended June 11, exchanging at KSh 106.59 per U.S. dollar compared to KSh 106.125 per U.S. dollar on June 04, 2020. Moreover, Central Bank data indicated that the country’s forex reserves remained adequate at 8,331 million (4.99 months of import cover) as of June 12. This meets the CBK statutory requirement to maintain at least four months of import cover and the region’s convergence criteria of 4.5 months of import cover.
M.) FACTORS THAT WILL SHAPE THE REAL ESTATE AND OTHER MARKETS IN THE NEXT ONE WEEK.
i.) The 2020/21 budget statement.
The 2020/21 budget presented on June 11 in the National Parliament, was met with a mixed reaction from Kenyans and industry players in the economy. Nevertheless, Kenyans had expressed mixed expectations for the budget as measures to combat the coronavirus pandemic were being developed. Moreover, the budget statement was expected to address the tax reliefs as well as the economic stimulus package as Kenyans hope to resuscitate their businesses.
As such, the new budget statement is expected to shift investment and development paradigms in the next one week as Kenyans anticipate the start of the fiscal year in July. Additionally, businesses, especially in the real estate and the construction industry, will adjust their operation to be in line with the budget for higher returns and sustainability, for example, obtaining government construction and infrastructural rehabilitation contracts before the start of the next fiscal year. Moreover, as the economic stimulus package is being released and the new hospitality sector policiese being implemented, the hospitality sector is set to start its recovery process, thereby re-creating job security for workers and sustainable cash flow for investors.
ii.) Oil prices review
On June 15, the price of super petrol increased by Sh5.77 selling at 89.10 in Nairobi and Sh 86.62 in Mombasa, while those of diesel and Kerosene fell by Sh3.80 and Sh17.31 to retail at 72.09 and 59.99 per litre respectively. In a statement on June 14th, 2020, EPRA said that the computation of pump prices took into account the changes effected by the Tax Laws Amendment Act of 2020 that made taxes and duties part of the valuable amount in the calculation of Value Added Tax for petroleum fuels.
Consequently, the increase in petroleum prices will increase the transportation cost and hence the cost of living among many Kenyans in the coming weeks; as a result, reducing the amount of money being freed to the economy for housing as well as disposal income for rent. However, the decrease in the price of diesel is expected to reduce the cost of transportation through trucking for construction goods.
N.) UPCOMING REAL ESTATE EVENTS AND TRADE SHOWS IN THE NEXT ONE WEEK.
1.) Webinar: Historic Buildings Regenerating and restoring – An interactive online discussion on key issues and challenges facing large scale restoration and regeneration of heritage buildings.
Date: June 25, 2020
Time: 1430hrs EAT
Venue/Media: Online.
Event Organizer:https://www.built-environment-networking.com/event/webinar-historic-heritage-buildings/
2.) Webinar: The element of Modern Home design – Learn about the elements approach to modern prefab.
Date: June 21, 2020
Time: 0300 am
Venue/Media: Online
Event Organizer: https://lindal.com/news-events/
Writer of the Report:
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Disclaimer:
The information contained in this report is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the information contained on the report for any purpose. Readers are therefore advised in all circumstances to seek the advice of Registered and Licensed professionals in all matters related to Real Estate Investment and Project Development.