Construction

This Research Note examines EMCOR Group, one of the largest mechanical and electrical contractors in the United States with a focus on its U.S. building services business in 2025. This article updates our coverage of the group in September 2025. Emcor Corporate Overview The group has four reportable segments: Electrical construction and facilities services; Mechanical […]

This Research Note explores the recent announcement that Consigli, a Norwegian engineering software startup has been acquired by AECOM. We examine the transaction details, Consigli’s approach to AI-driven engineering workflows in real estate development, AECOM’s strategic rationale, and the impact on the AEC sector. Transaction Details Global infrastructure engineering giant AECOM has acquired Norwegian AI […]

This Research Note examines Zumtobel, an Austrian listed lighting group active worldwide, highlighting its latest financial results as of 30th April 2025, published on 24th July. This updates our research note from last year. We also explore the Smart Building Solutions new business area, partnerships, and a European Investment Bank loan for research and development. […]

In this Research Note, we examine Spacewell, part of the Manage segment of Nemetschek, which provides software for the management and operations phase in the building lifecycle. This article is based on Nemetschek 2024 annual results, investor presentations and Annual Report, published on 20th March 2025.  We also highlight the appointment of a new CEO, […]

What would it mean for the real estate industry if we could visit our facilities before they’re built? If we could walk around a virtual building to better understand the space and test how various systems work in real-time, before making adjustments. If we could take owners and investors on a tour of their future […]

“There is a rot at the core of how construction is procured and it begins with clients and main contractors. We are already at the bottom, as can be seen in cruel black and white by the failures of large main contractors throughout 2023. Something has to change!” proclaimed Mike Wharton, chief executive of Complete […]

The Royal Institute of British Architects (RIBA) has created a Smart Building Overlay to the 2020  RIBA Plan of Work, which clearly defines the stages of development in building projects. This Smart Building Overlay acts as a resource for all built environment professionals, clients and end users, looking for guidance on how to incorporate smart […]