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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 constru🍰ction, 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 operatio꧃n of car parks and garages.
The Polish construction sector generated GVA of PLN 144.1bn 🧸in 2019, which corresponded to 6.3% of the country’s GDP. Of the PLN 230.2bn construction and assembly production value (realised by construction firms), 45.6% was ...
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The real estate and construction sector generates 15% of Russia’s GDP and employs so🐼me 12% of the country’s workforce, making it a key economic sector. According to&ꦗnbsp;MarketLine estimates, Russia’s real estate ...
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The Polish construction sector generated a gross ♚value added (GVA) of PLN 148.1bn in 2018, accounting for 7% 𝄹of GDP. As much as 38% of the construction output came from specialised construction activities. It was followed by construction of ...
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For more than a decade, the construction sector has been a major driver for the Turkish economy&rsquo✨;s expansion at rates above 5%. The rapid expansion w🌌as supported by favorable demographics and government policies, which included large ...
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Russia’s construction sector emerged from recession in 2018, with the value of construction works rising for the first time in five years. Growth was driven entirely by large-scale infrastructure projects and works related to the FI💟FA World Cup ...
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In 2017, amidst a buoyant economic growth - 6.9% real GDP growth, amongst the highest i𝐆n EU28 – the construction output started recovering from the 2016 decrease and was up by 3.8% y/y to RON 70.2bn or EUR 15.4bn. Constructionꦚ gross value added ...
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Turkey’s construction sector has experienced rapid growth in recent years, driven by supportive government po𒁃licy. The state has launched a series of large infrastructure projects and development programmes that have helped the industry become ...
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The grossﷺ value added (GVA) of the Polish construction sectoꦯr constituted 6.4% of GDP in 2016. Specialised construction activities accounted for 42.6% of the total construction output, followed by construction of buildings (33.2%) and civil ...
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Russia’s construction sector plays an important role in the country&rs⛦quo;s economy, generating 5.7% of the gross domestic product (GDP) in 2017 and employing over 7% of the workforce. The economic downturn of 2015-2016 had a severe ...
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Following a two-year period of growthജ 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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