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News

BRG News
news.brgbuildingsolutions.com > post > saudi-construction-costs-rise-as-hormuz-disruption-affects-supply-chains

Saudi Construction Costs Rise as Hormuz Disruption Affects Supply Chains

3+ day, 5+ hour ago   (335+ words) Saudi Arabia: Construction costs in Saudi Arabia are increasing as disruption around the Strait of Hormuz has shifted the movement of materials from sea to road transport, according to industry experts cited by AGBI. Materials that were previously shipped through…...

BRG News
news.brgbuildingsolutions.com > post > data-centres-drive-non-residential-construction-spending

Data Centres Drive Non-Residential Construction Spending

6+ day, 7+ hour ago   (169+ words) USA: Non-residential construction spending in the US increased by 0.1% in July 2026, reaching an annualised US$1.286 trillion, according to an analysis by Associated Builders and Contractors (ABC). The increase was driven almost entirely by the data centre sector, with spending declining…...

BRG News
news.brgbuildingsolutions.com > post > richelieu-hardware-acquires-penrod-s-hardware-division

Richelieu Hardware Acquires Penrod’s Hardware Division

6+ day, 5+ hour ago   (140+ words) USA: Richelieu Hardware Ltd. has acquired the hardware division of The Penrod Co., a US distributor specialising in commercial and residential doors, hardware and related components. Penrod primarily serves manufacturers, specialty distributors and construction professionals. According to Richelieu’s CEO and…...

BRG News
news.brgbuildingsolutions.com > post > southern-metros-lead-new-home-construction-opportunities

Southern Metros Lead New-Home Construction Opportunities

6+ day, 6+ hour ago   (171+ words) USA: Eight of the 10 best US metropolitan areas for purchasing newly built homes are located in the South, according to Realtor.com’s 2026 ranking. Charleston-North Charleston, South Carolina, leads the list, with new-build homes priced 12.2% below existing homes. Six of the…...

BRG News
news.brgbuildingsolutions.com > post > shanghai-eases-property-measures-to-support-housing-demand

Shanghai Eases Property Measures to Support Housing Demand

2+ week, 5+ day ago   (183+ words) China: Shanghai will ease several property-related measures from Friday, including mortgage, housing provident funds and purchase subsidy policies, as authorities seek to support housing demand. For second homes purchased outside the city’s outer ring expressway, the minimum down payment for…...

BRG News
news.brgbuildingsolutions.com > post > bed-bath-beyond-to-acquire-lumber-liquidators-parent-for-150-million

Bed Bath & Beyond to Acquire Lumber Liquidators Parent for $150 Million

2+ week, 5+ day ago   (218+ words) USA: Bed Bath & Beyond has signed a letter of intent to acquire F9 Brands Inc., the parent company of Lumber Liquidators, for approximately $150 million. The transaction covers F9 Brands’ equity interests and substantially all of its assets, including Cabinets To Go, Gracious…...

BRG News
news.brgbuildingsolutions.com > post > vector-building-products-expands-national-platform-with-acquisition-of-prestige-distribution

Vector Building Products Expands National Platform with Acquisition of Prestige Distribution

2+ week, 5+ day ago   (139+ words) news.brgbuildingsolutions.com USA: Vector Building Products, a specialty building products distribution platform serving the non-residential construction market across North America, has acquired Prestige Distribution, LLC., a distributor headquartered in Northbrook, Illinois, with additional operations in Dallas, Texas. Founded in 2004, Prestige…...

BRG News
news.brgbuildingsolutions.com > post > south-korea-expands-housing-supply-plan-to-address-price-pressures

South Korea Expands Housing Supply Plan to Address Price Pressures

3+ week, 4+ day ago   (294+ words) South Korea: The government has announced plans to supply more than 230,000 additional homes in the Seoul Metropolitan Area as part of measures to address high housing prices. The initiative includes accelerating development on public land, utilising underused sites and supporting…...