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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.
Albeit challenging for all nations, the COVID-19 pandemic has been more of a driving force for the infrastructure sector in many Latin American countries than a restraining factor. In most Latin American countries, infrastructure ...
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The construction sector was finally showing signs of recovery in 2019, after registering contracting GVA since 2014, when the Car Wash Operation investigations started. The COVID-19 pandemic, which halted economic activity globally, ...
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Brazil’s transport infrastructure sector contains a diverse landscape. While some sub-sectors, namely road infrastructure, are still dominated by the federal and state governments, others such as the railways have been marked by a ...
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The COVID-19 outbreak shaped the construction industry in Latin America during 2020. The economy of the four largest markets, namely Brazil, Mexico, Argentina and Colombia, contracted significantly over the year. The construction ...
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Years after the 2015-2016 economic recession that profoundly changed the Brazilian construction sector, recovery progressed strongly in 2019 with record-high new residential building launches and sales, and a commitment by the new ...
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After being hit by one of the worst economic recessions in its history in 2015 and 2016, Brazil has started to gradually recover in 2017, achieving a mild GDP growth of 1.2% in average during the 2017- 2019 period. However, the infrastructure sector, ...
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In 2018, the real estate sector emerged as one of the driving forces of the Brazilian economy, expanding its gross value added by 3.1% y/y, well above the country’s GDP growth of 1.1%. This was largely attributable to a rapid recovery of the ...
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Between 2014 and 2016, Brazil went through one of the biggest economic crises of its history, recovering only in 2017, gradually growing at an average rate of 1.1% between 2017 and H1 2018. The infrastructure sector was hit particularly hard by the ...
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Construction was one of the sectors most affected by the 2015-2016 economic recession in Brazil. In 2018, despite the rebound of the economy, construction activity fell for a fifth year in a row, impaired by a high inventory of residential and ...
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Construction was one of the sectors most affected by the deep economic recession in Brazil. The construction activity has been declining since 2014, due to the ailing economy, high inflation, restricted credit supply, low government ...
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