The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
Mexico’s construction sector accounted for 8% of the country’s GVA, 5.6% of FDI inflows and 8.1% of the labour force in 2016. Construction activities followed a downward trend during the first nine months of 2017, as a result of lower ...READ MORE
In the first nine months of 2017, the real investments and the building sales have been driven by the continuous rebound of the Chinese economy. While the growth in building sales since the beginning of 2017 slowed down to 14.6% y/y from 43.2% y/y in ...READ MORE
Construction has always been a favoured tool of the Chinese authorities to stimulate the economy - its development closely reflects that of GDP. After the Global Financial Crisis of 2008, a government stimulus package of RMB 4tn was used for ...READ MORE
The real estate sector - one of the key drivers of the Brazilian economy in the past decade - was not shielded from the deep recession in the country over the 2015-2016 period. It suffered from oversupply, lower demand, limited loan financing, ...READ MORE
Construction is a key sector in the Czech Republic’s economy. In 2016, it generated a gross value added (GVA) of CZK 234bn – 5.5% of the economy’s total GVA. Real estate activities generated a GVA of CZK 361bn in 2016 or about 8.4% ...READ MORE
Construction is the sixth-largest economic sector in India, accounting for 7.7% of the country’s GDP in FY2016. With a workforce of about 35mn people, it is also the second-biggest employer, preceded only by agriculture. Construction was the ...READ MORE
As a result of the policies introduced in 2016, China’s real estate sector has bottomed out, reviving its growth and continuing to offer opportunities to the investors – mainly, as before, in the first-tier cities of Shanghai, Shenzhen, ...READ MORE
Construction is among the largest economic sectors of Peru in terms of share of total GDP, ranking fourth behind only oil and gas, industry and trade. In 2016, construction accounted for 6.3% of domestic GDP, 1.5% of total FDI stock and 5.3% of ...READ MORE
With a population of some 31.9mn, Malaysia is one of the more developed countries in the ASEAN region. In 2016 the construction and real estate sector collectively employed 1.3mn people, accounting for 9.4% of total employment. That same year, ...READ MORE
Construction is the fourth-largest economic sector in Colombia, accounting for 9.4% of the country’s GDP, 5% of total FDI inflow and 6.2% of formal employment in 2016. Over the period 2011-2014, the construction sector emerged as one of the ...READ MORE