Over 55% (4,2 billion) of the world’s population lives in cities. This trend should continue. At the end of 2050, 7 out of 10 people will live in cities, more than doubling the urban population.
More than 80% of the world’s GDP is created in cities. Therefore urbanization may help sustainable growth by boosting productivity and stimulating innovation.
The speed and extent of urbanization offer issues, such as providing affordable housing, well-connected transit systems, basic services, and jobs, especially for the roughly one billion urban poor who live in informal settlements to be close to opportunities. Due to growing hostilities, 60% of forcibly displaced people live in cities.
Once a city is built, its shape and land usage patterns may be established for decades, causing sprawl. Urban land consumption growth is expected to outpace population growth by 50%, resulting in 1.2 million km2 of the new urban built-up area during the next three decades. This sprawl stresses land and natural resources, leading to undesirable effects; cities consume two-thirds of the world’s energy and produce 70% of greenhouse gas emissions.
Cities’ sensitivity to climate and disaster risk increases as their populations grow. Nearly 500 million people live in coastal areas, making them vulnerable to storm surges and rising sea levels. In the 136 major coastal cities, coastal flooding threatens 100 million people and $4.7 trillion in assets. Ninety percent of urban expansion in emerging nations is informal and unplanned.
During normal times, cities may aim to compete and excel on many criteria, such as liveability, competitiveness, and ecology, but on any given day and especially during a crisis, a city must work properly for its residents.
What we bring
Damalion experts assist customers to benefit from first-hand experience and understanding of the technical, commercial, and legal difficulties confronting the construction industry today as internationally known construction specialists and advisers.
The climate for real estate investment has gotten increasingly complicated and is impacted by issues beyond “location.” Owners, users, investors, and lenders must navigate the challenges of an uncertain, post-pandemic real estate market, such as fluctuating capital markets, a changing economy, the emergence of new technologies, the evolution of consumer behaviours, fluctuating pricing and liquidity, and increasing complexity industry regulations and compliance issues.
Damalion real estate specialists offer a complete and integrated suite of solutions and capabilities customized to each client to transform market challenges into business opportunities and achieve significant outcomes.
How we assist
Damalion experts provide you:
- Investment opportunities to develop urban infrastructures through private equity and public-private partnerships
- Investors and institutions to support your projects
- Experts in constructions, and specialist witness essential services for some of the world’s most complicated and high-profile developments.
Our multilingual construction professionals employ a comprehensive approach to prevent, manage, and resolve construction difficulties, drawing on their broad backgrounds and extensive industry experience.
By taking the time to comprehend the goals and obstacles of our clients, we can determine the most appropriate and cost-effective tactics for producing the finest results.
Want to know more about Urban Development with Damalion?
Damalion offers you from bespoke advice provided by directly operational experts in the fields that challenge your business.
We advise you to give information at its best, so we can qualify your demand and revert to you under the next 8 hours.