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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.
Transport infrastructure across Central and Eastern Europe is entering a phase of accelerated modernisation, shaped by EU funding cycles, geopolitical shifts and the need to reconcile growth with sustainability targets. While the six analysed ...
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The construction sector continues to play a pivotal role in Central and Eastern Europe's (CEE) economic landscape, contributing between 5% and 7% of domestic GDP across most countries in the region. As illustrated by the latest Gross Fixed Capital ...
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The countries in Central and Eastern Europe (CEE)* continues to prioritise infrastructure development as a cornerstone for economic growth and regional integration. Infrastructure quality and availability in the region are steadily improving, ...
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The COVID-19-induced recession meant it was vital for governments around the world to work hard to counteract the wide-ranging effects of the pandemic. While private investments may have suffered from the uncertainty of the pandemic, ...
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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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Construction is one of the most important sectors in the Czech Republic’s economy, generating about 5.6% of the economy’s total gross value added (GVA) 2015. Real estate activities generated about 8.1% of total GVA in 2015. The ...
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