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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.
Russia’s construction sector generated a gross value added (GVA) of RUB 4.7tn in 2015, accounting for 6.4% of the economy’s total GVA. The real estate, renting and business activity generated a GVA of RUB 12.5tn in 2015, accounting for 17 ...
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Thanks to policies introduced in 2016, the sector has bottomed out, reviving its growth, and continuing to offer opportunities to investors – mainly, as before, in the first-tier cities of Shanghai, Shenzhen, Guangzhou and Beijing. After the ...
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The construction market in Romania has been witnessing a rebound since 2013 after a double-digit decline in 2008-2010 because of the global economic crisis. The market growth is led by a recovery in the real estate market and increased investments in ...
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Indonesia’s construction and real estate markets are among the biggest in Asia and enjoy high growth potential for the foreseeable future. Growth drivers include the country’s vast and urbanising population in need of housing, as well as ...
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The gross value added (GVA) of South Korea’s construction sector accounted for 1.4% of the world construction GVA in 2015, and for 3.2% of that of the Asia-Pacific region’s construction industry. In 2015, the sector generated 5.1% of ...
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Construction is one of the main economic sectors of Argentina, accounting for 4.7% of the country’s GDP, 1.4% of total FDI inflows and 5.9% of formal employment in 2015. However, even this considerably underestimates the social importance of ...
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Despite suffering the lowest investment growth for the last eight years, in 2016, the real estate sector in China still offers opportunities for investment. With the policy instruments introduced in the first three months of 2016, the sector has ...
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In 2015, the GVA of real estate activities came to PLN 84.106bn, up 5.1% y/y. The sector represented 4.7% of GDP in that year. Real estate and the closely related construction sector together generated over 12% of GDP. Just over 200,000 people were ...
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The construction sector plays a key role in Thailand’s growing economic development, providing 2.8% of the country’s GDP and employing around 2.28 million people in 2015. In spite of the political instability of 2013 that led up to the ...
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The construction sector, one of the key drivers of economic growth in the past decade, is undergoing a profound restructuring triggered by structural transformation of the Brazilian economy after the end of the commodities boom, low government ...
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