For the first time in six years the number of tall buildings completed annually around the world declined in 2012, according to the annual year-in-review study by the Council on Tall Buildings and Urban Habitat. Sixty-six buildings taller than 200 meters were completed during 2012, the third most in history, but down from the 82 finished in 2011.
This number of completions was slightly lower than expected, with some projects under construction delayed or stalled due to the consequential effects of the 2008/2009 global financial crisis in many Western countries. However, several of the projects forecast to finish in 2012 are now expected to complete in 2013 and 2014, with global completion numbers expected to rise again next year, the study found.
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