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PROPERTY,

Property Development – Buying to Sell

If you want to stand a better chance of reaching the maximum profit from your property development project you must remember that this simple rule: The most important thing when buying to sell is to keep the image of your target market in your mind at all times.

Be sure to work out your figures after viewing any property you are serious about.

It is not as complicated as you may think. The most simple and comprehensive way to work out the maths is to subtract the associated fees and costs, renovation and purchase costs from the potential selling price of your property.

It’s easy. I’ll show you how. To get to this stage calculate the following:

The realistic resale value of the property.

The cost of renovation works to the property.

The sum total of all associated fees and costs you will incur during the project.

The Realistic Resale Value

You don’t want any nasty shocks so you must be realistic. Ask yourself what your property will be worth in peak condition. Finding out the realistic resale value or ‘ceiling price’ of a property can tell you instantly whether you have a deal. It will guide you towards buying for the right price, reveal how much the property will be worth once it looks its best and help you work out your potential profit margin.

So, before investing in a property, ensure that calculating its realistic value is your prime concern.

Build a profile of the property. Be realistic and base your profile on the location, building type, number of rooms, features and layout.

Next, contact three local estate agents. Ask how much newly modernised properties of this profile have recently sold for in your area. See how the details of these properties match your profile.

Calculate a resale value from the comparables that match your profile. If the sale of a comparable property took place more than two months ago, get an up-to-date opinion of the resale value of a similar newly renovated property. Then get two more estimates to substantiate the first.

Administrative Costs

Once you have worked out your realistic resale value, look at the administrative costs and budget. Buying a property always costs more than the purchase price. You will need to take into consideration all of the legal costs involved.

There are also extra fees such as the cost of the survey; Land Registry costs; site services- gas, water, electricity and taxes. Don’t forget to include other administrative costs specific to your project, for example, the costs of selling the property once developed, planning and building control fees.

Living In Your Development

If you are short of cash you could certainly consider living in your development. This may sound like a simple option but it does have its pitfalls. For example, are you really going to be able to continue to live in the property while the work is being carried out?

This can be noisy, dusty, and intrusive and you may find yourself without facilities such as hot (or cold) water, use of a loo or a basic kitchen while the work is in progress, and this situation could last for weeks, even months.

As with all developments you want to be very sure that the work you do is actually going to raise the value of the property.

It is vital to do your research first. Don’t assume that if you do what you want this will automatically increase the value of the property. Even if you were to convert the loft or add an extension, you might find that the costs involved would exceed the amount that it adds in value to the property.

Your thorough research before embarking on the property development project will stand you in good stead of reaching the maximum profit margin possible on the property that you will be selling on.

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Engineering,

What a Civil Engineer Does

Civil engineering is the science of building or constructing the fundamentals for society. Some of the jobs that civil engineers work on are schools, power plants, and communication systems for a country or city. These types of engineers work closely with the community representatives to make sure that everything the community needs is properly built and runs to expectations or constraints. Engineers are needed today and far into the future because the amount of growth in population which leads to more buildings in the United States and in other countries such as Germany and Japan.

A form of civil engineering is building engineering. Building engineers overlook every aspect of the building process. First, they look at the environment that the building will be assembled on and take notes on how to form the base of the structure will be. Next, they make designs of the building to the descriptions of the consumers needs. Then, the constructing of the building begins while the engineers supervise the development. After the construction of the building concludes they identify any problems that need to be dealt. And with a team of technicians they solve the problems. Over the years of the buildings life, the engineer will make check up rounds to make sure that every thing is in place and secure.

Another form of civil engineering is construction engineers. In construction engineering the main goal is to schedule the construction of the building, make certain that materials and supplies are at the location, and run through the building to ensure that it is up to the standards and regulations. Construction engineers can not only manage buildings but also dams and roads.

Requirements for most of the engineering fields for going into a college are a 3.2 GPA, a high school diploma, and some form of engineering background. Some requirements for engineers coming out of the college are a four year degree in any engineering field and an internship with a company would help your chances for receiving a job as well. Some of the colleges that offer great engineering degrees in civil engineering are N.C. State, Georgia Tech, Virginia Tech and University of Wisconsin at Madison.

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Business, Construction,

DURABRIC Homes builds your dream house in Malawi

A beautiful and comfortable house built and delivered to you in 12 to 16 weeks with local, affordable materials. Does this sound like your dream home? Such is the promise of DURABRIC Homes, a turnkey solution launched in Malawi by 14Trees, LafargeHolcim’s joint-venture with CDC. Find out more!

Your dream home in a matter of weeks

Do you remember DURABRIC, our soil-stabilized earth-cement brick for affordable housing? It is now part of a brand new concept launched in Malawi in February 2018. 14Trees, LafargeHolcim’s joint-venture with CDC, the UK’s development finance institution, has developed DURABRIC Homes, a turnkey solution for more beautiful, more affordable houses that are faster to build.

The promise? With DURABRIC Homes, 14Trees delivers your dream home on time (12 to 16 weeks), on budget and in high quality! All that customers have to do is provide their own plot of land, and choose from five free house designs which include kitchens, bathrooms, and even verandas. 14Trees takes care of the rest with its partner contractors to ensure a hassle-free construction process.

What does DURABRIC offer?

DURABRIC Homes will be built from top quality, climate-friendly and innovative materials including products from the DURABRIC range:

  • DURABRIC soil-stabilized brick, which doesn’t require firing and help fight deforestation,
  • DURABRIC Concrete Blocks, which promotes circular economy by incorporating fly ash from local industry,
  • Other integrated products such as doors, windows, sanitation and a solar water heater specifically sourced for the best quality and price from our partner suppliers,
  • A solar kit can also be provided on demand which will protect against grid blackouts.

The DURABRIC Homes concept is being considered for expansion beyond Lilongwe, Malawi. 14Trees is currently looking at other African countries such as Kenya.

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architecture,

LafargeHolcim discontinues its share buyback program with CHF 581 million completed

On March 2, 2018 LafargeHolcim announced the discontinuation of its share buyback program.

The program was conducted using a second trading line on the SIX Swiss Exchange (Valor: 35.568.679; ISIN: CH0355686798) and was completed on March 2, 2018. LafargeHolcim has repurchased 10,283,654 of its shares for a total value of CHF 581,395,290.09 at an average price per share of CHF 56.54.

About LafargeHolcim

LafargeHolcim is the leading global building materials and solutions company serving masons, builders, architects and engineers all over the world. The Group is organized in four business segments – Cement, Aggregates, Ready-mix Concrete and Solutions & Products – and is a partner for clients ranging from affordable housing and small, local projects to the biggest, most technically and architecturally challenging infrastructure projects. As urbanization increasingly impacts people and the planet, the Group provides innovative products and building solutions with a clear commitment to social and environmental sustainability. With leading positions in all regions, LafargeHolcim employs around 80,000 employees in more than 80 countries and has a portfolio that is equally balanced between developing and mature markets.

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Construction,

Tailored solutions for major construction projects

Every infrastructure sector has its own specific challenges when it comes to construction and operations. LafargeHolcim’s expert infrastructure teams work from the design stage to deliver sector-specific solutions so that infrastructure projects are more efficient and sustainable, anywhere in the world.

Built to last

Mexico City’s new international airport will be the most sustainable in the world — and we are proud to support it. Our teams designed special concretes able to withstand aggressive sulfate and chloride conditions for 75 years, with a minimal environmental footprint. This project adds to the list of major airports we helped build, a list which already includes Jeddah International and Kuala Lumpur International.

Specific solutions

We also have expertise in mining. In Canada’s Timmins mining camp, we are on-site at one of the worlds deepest underground mines where we’ve developed and continue to supply specialty backfill products to help increase mine output. LafargeHolcim has deployed such mine-specific solutions in more than forty mines across North America, Africa, Europe and Asia Pacific. In Algeria LafargeHolcim worked with contractors and local authorities to develop a range of solutions for road foundations and pavement. As a result we helped lower the cost and construction time of road projects and at the same time made them far more durable (enabling a typical lifespan of 15–20 years, as compared to 2–5 years for conventional road projects). These specific road solutions are now available in more than twenty countries.

A train on a steel track
Construction,

Geocycle solves a mounting challenge

Geocycle offers a unique and sustainable solution to the problem of increasing global urbanization; co-processing waste for use as fuel in cement kilns.

Building to a circular economy

Fifty million people move to cities each year to find better opportunities for themselves and their children. One consequence is a lot more waste. Between 2012 and 2025, the amount of municipal solid waste generated each year will increase from 1.3 billion tonnes to 2.2 billion tonnes, according to World Bank estimates.

Our Geocycle business offers a unique and sustainable solution to this growing challenge. Today Geocycle treats around 10 million tons of waste annually, serving more than 10,000 customers in over 50 countries. Our aim is to reach 22 million tons by 2025.

Using state-of-the art technology, tailored processes and in-depth expertise, Geocycle converts industrial, municipal and agricultural waste into a suitable material from which mineral and/or combustible components can be recovered in our cement kilns.

The extremely high temperatures required for cement production offer a unique and safe solution to dispose of waste for which no other solution exists. Geocycle thus opens a channel for a ‘circular’ economy: it takes waste that cannot be reused or recycled, treats it and then converts it into a resource.

Geocycle contributes to lower CO2 emissions from cement production by reducing use of natural resources such as fossil fuels and virgin raw materials. Simultaneously it conserves land which would otherwise be used for landfill and reduces air and water pollution as compared to either landfill or incineration. This also significantly reduces the burden on municipalities who need solutions to this ever-growing problem.

Geocycle in Goa

In India about 80% of municipal waste is uncontrolled, dumped and openly burned. The problem is felt acutely in Goa, where the economy thrives on tourism. Local authorities are tackling the problem head-on, showcasing new methods to create a clean and green Goa. In 2017 Geocycle India met with public and private sector players working on landfill remediation.

To demonstrate how they could help, Geocycle co-processed approximately 5,000 tonnes of refuse-derived fuel, winning the trust of authorities. The pilot provided a sustainable model for cleaning up landfills without any future liability for the state government. The Goa site is now being visited by city officials from all over India as a showcase of successful partnership between Geocycle and municipalities. Municipalities of Bangalore, Chennai, Mumbai and others are now looking at similar projects.

man holding materials
Real Estate,

Recycled materials: Ready-to-use concrete born again from rubble from Parisian heritage projects

Born again from rubble

In December 2016, Bouygues Construction began renovating two heritage buildings in the heart of Paris. Rather than producing new concrete for the reconstruction project, they partnered with LafargeHolcim’s business in France to turn the sites’ rubble — the waste left behind after construction and demolition — into ready-to-use concrete. Using our aggneo® solutions, our teams in France were able to make use of all inert material, turning 12.5% into new concrete products and 87.5% into new road gravels.

Transporting, sorting and recycling 4,000 tons of demolition materials meant that we preserved that same amount of natural resources from quarry extraction. More than 500 tons of this waste was then recycled to make new concrete, contributing to a reduction in CO2 emissions of up to 8% for 1 ton of recycled aggregates.

The two renovated buildings now comply with France’s green building standards (“Haute Qualité Environnementale” or HQE) as well as Europe’s targets for the recycling of construction and demolition waste. This circular economy project is also an illustration of how the solutions driven by our sustainability strategy (The 2030 Plan) can be used to overcome the real-life building challenges faced by our customers and partners.

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Business,

LafargeHolcim enters into liquidity enhancement agreement on Euronext Paris

LafargeHolcim has contracted to implement a liquidity enhancement agreement with Exane S.A. for its listing on Euronext Paris, effective as from May 4, 2018, in order to improve the market liquidity of its stock listed in Euro.

The agreement complies with the code of conduct issued by the French Capital Markets Association (AMAFI) which was approved by the Autorité des Marchés Financiers on March 21, 2011.

LafargeHolcim has allocated EUR 10 million to the implementation of this liquidity agreement.