Timber buildings outperforming steel & concrete

Friday 26 Jul 2024

 
Two of the biggest developers in real estate said this week that buildings constructed using mass timber are leasing up faster and commanding premium rents compared with those solely using standard building materials.

Directors from Hines and Howard Hughes Holdings told the audience at the National Association of Real Estate Editors conference in Austin that the cost of mass timber buildings is also coming down and that the amount of carbon used in construction is significantly less than with buildings developed using more concrete and steel.

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Source: Bisnow


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