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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.
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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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 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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The gross value added (GVA) of the Polish construction sector 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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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 value of Poland’s total construction output, including private works and work carried out by unregistered individuals, came to PLN 178bn in 2015, up 2.2% y/y. The official output data for companies employing more than nine persons stood at ...
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