New 30-Floor Green Tower Approved in Brisbane

Portugal's VIC Properties has received approval for a major regeneration project at the Matinha gasworks in Lisbon, set to deliver approximately 2,000 new homes and create over 3,000 jobs, with a gross development value of €2 billion. In India, the real estate sector is shifting towards sustainable practices, as green building methods gain traction with millennials seeking eco-friendly housing. Meanwhile, Frasers Group's controversial new headquarters on green belt land in Warwickshire has been approved, despite significant public opposition, emphasizing the government's push for more housing developments. In Australia, the Brisbane City Council has green-lighted the 'Urban Forest' project, which aims to be one of the world's greenest buildings, featuring extensive greenery and sustainable design. These developments reflect a broader trend in real estate towards sustainability and addressing environmental concerns, while also navigating local opposition and regulatory challenges.