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Real estate and construction
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.
Following a two-year period of growth driven by the general economic expansion and the availability of EU funding, the construction market in Romania experienced a slight shrinkage in 2016, due to a combination of lower construction work volumes in ...
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Despite ranking among the ten largest global economies and being responsible for more than half of South America’s GDP in 2016, according to October 2017 estimates by the IMF, Brazil has the most inadequate infrastructure of the ...
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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 ...
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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 ...
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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 ...
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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, ...
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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% ...
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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, ...
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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 ...
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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 ...
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