EVENT OVERVIEW
In recent years, the emergence of housing crises has become more pronounced throughout Europe, impacting nations with diverse economic standings. Countries such as Portugal, Turkey, and even affluent Luxembourg find themselves contending with the shared challenge of ensuring affordable and accessible housing for their citizens. The homeownership rate among young people in Portugal has plummeted by 50% over two generations, attributed to a real estate crisis, resulting in an 8.7% surge in house prices over the past decade. In the capital, Lisbon prices have gone up by 5.8% reaching 5426 Euros per square meter which This equates to a staggering 30% in 5 years. With the average rent in Lisbon being just over €2000 while the minimum wage is about €760, the housing situation in Lisbon is in dire circumstances.
Modular construction has stood out as a notably profitable and cost-effective approach to building, showcasing its effectiveness with meticulous planning & execution. Portuguese based architects MASSLAB, won a competition promoted by the Housing and Urban Rehabilitation Institute which aims to construct 100 prefabricated affordable housing aligning with the measures of the Mais Habitação program. The Mais Habitação program was set up reduce bureaucratic regulations, simplify procedures & to ultimately accelerate the housing construction with the primary objective of facilitating expeditious development of a greater number of residential properties.
The Adventist Development and Relief Agency (ADRA) in Spain with the support of donations was able to set up 8 temporary prefabricated housing modules after an earthquake gripped a village in Morocco. Implementing prefabrication, they were able to complete each unit within two days and hence providing housing for 32 families affected by the disaster. In Barcelona, an affordable prefab homes costs 100,000 Euros and a luxurious one stands at around 300,000. This pricing however is still extremely competitive when compared to the price of conventional stick built homes. If you’ve yet to begin your modularization journey, now is the time. Join us at The Modular for Affordable Housing to earn insightful knowledge and join fruitful discussions on understanding emerging construction technologies, including robotics, 3D imaging and even the use of RFID-BIM which are becoming increasingly leveraged to aid the design and development of modular construction.
SILVER SPONSORS
Caparol, the premium brand of DAW, entered the Middle East market in 1999 with its technologically advanced, modern and sustainable product range. Headquartered in Ober-Ramstadt, Germany, DAW Group is one of the largest private paint manufacturers in Europe and has a global presence through various brands of which Caparol is the leading brand for Architectural and Decorative paints in Germany.
With a production plant in Dubai, Caparol is spearheading the drive of architectural creativity in the Middle East and African Countries. The striped elephant has been synonymous with reliability, technical expertise and outstanding product performance. Our Stone finishes have gained remarkable acceptance by GCC markets and is the best product in the region since 23 years. In 2019, Caparol Paints marked its twentieth anniversary of successful operations in the region.
Some of their prestigious projects include several pavilions at Expo 2020 like Germany, Austria, Belgium, Al Wasl Dome, Expo Village, Zahia City Center, Sobha Hartland, GEMS International School, Dubai Fertility Center, Latifa Hospital, Rove Hotels, La Ville Hotel and Resorts - Citywalk, BoxPark, The Ritz Carlton DIFC, Dubai Hills Villas, Nshama Town Square, Jumeirah Village Triangle Villas, Nizwa Souq, Eco House Complex Muscat, Sultan Qaboos Youth Sports Complex, Rusayl Garden, Royal Oman Police Complex – Quram, Hotel Golden Tulip – Nizwa, etc. Caparol looks forward to supporting the region with innovative, eco-friendly, and sustainable solutions for healthier living.
Established in 1980, Terraco is a leader in the design, formulation and production of environmentally friendly finishing materials, performance products and systems for the construction industry.
Our dedicated team of over 1,000 professionals provide innovative, green solutions to customers in over 75 countries from our 20 factories across the globe. We use carefully selected and developed raw materials and production techniques to formulate and manufacture products that solve our customers’ problems. This enables us to deliver sophisticated, design orientated products and finishes that provide compelling value through best-in-class durability and efficiency.