This report covers the market developments in Q3/2014 and the data available as of December 2014
The construction works index accelerated its decline and dropped by 11.7% y/y in Q3/2014, after having decreased at double-digit annual pace in the previous two quarters. The decline in Q3 was mainly driven by the poor performance of the civil engineering segment, which diminished by 26.7% y/y over the quarter and by 24.7% y/y in January-September 2014.
The buildings segment recorded better y/y evolution in Q3, yet its performance has been uneven during the first three quarters of the year. Both the residential and non-residential sub-segments demonstrated temporary, seemingly unsustainable periods of expansion. On the residential segment, demand remains subdued -- but real estate developers have redesigned their projects to adjust to market reality, while banks are also extending mortgage loans under a state-guaranteed programme, likely to encourage the construction of new buildings.
The real estate market was more dynamic in terms of investments and transactions, particularly on the commercial segment. According to market data, the value of real estate investments in 2014 increased four times compared to 2013. Of the total, deals involving retail and office properties accounted for a cumulated 75% share. Investment activity on the commercial real estate market is expected to continue growing in 2015, with the office segment projected to record the most dynamic pace.
o Construction works index plunges 11.2% y/y in Q3/2014
o Government scales down road infrastructure plan, to concentrate on lower grade roads
o Number of real estate transactions up 2.5% y/y in January-October 2014
o Value of real estate investments quadruples to EUR1.2bn in 2014
o NEPI pays EUR148mn for Promenada shopping mall in Bucharest
o Immofinanz to invest EUR85mn in expansion, upgrade of business park in Bucharest
Our reports have been used by over 10K customers, including:
Singapore Wealth Management - Market Sizing and Opportunities to 2025
Based on our proprietary datasets, “Singapore Wealth Management - Market Sizing and Opportunities 2025” report analyzes the Singaporean wealth and retail savings and investments markets, with a focus on the HNW segment....
Italy Wealth Management - Market Sizing and Opportunities to 2025 Summary Based on our proprietary datasets, “Italy Wealth Management: Market Sizing and Opportunities 2025” report analyzes the Italian wealth and retail savings and investments markets, with a focus on the HNW segment.This includes...
China Wealth Management - Market Sizing and Opportunities to 2025
China’s affluent segment (including HNW and mass affluent individuals) accounted for a mere 4.9% of the total adult population in 2020. Despite the impact of COVID-19, the country’s wealth market has remained resilient,...
The global messaging security market exhibited strong growth during 2015-2020. Messaging security refers to the practice of encrypting messages on a device to protect the messaging infrastructure. It is used for developing a secure network, restricting unwanted messages and protecting the devices against various threats....
Global Integrated Facility Management Market, By Type (Hard Service and Soft Service), By Service (Building and Property Management, Cleaning and Hygiene, Security and Staffing, IT Support and Others), By Solution (Asset & Space Management, Project Management & Real Estate Portfolio Management & Lease Administration, Energy & Environment...
Canada Wealth Management - Market Sizing and Opportunities to 2025
Based on our proprietary datasets, “Canada Wealth Management - Market Sizing and Opportunities 2025” report analyzes the Canadian wealth and retail savings and investments markets, with a focus on the HNW segment. This...
Real Estate Global Industry Almanac - Market Summary, Competitive Analysis and Forecast to 2025 Summary Global Real Estate industry profile provides top-line qualitative and quantitative summary information including: Industry size (value and volume 2016-20, and forecast to 2025). The profile also...
120 pages •
By Infiniti Research Limited
• Jul 2021
Global THEIC Market 2021-2025 The analyst has been monitoring the THEIC market and it is poised to grow by $ 61.72 million during 2021-2025, progressing at a CAGR of 5.64% during the forecast period. Our report on the THEIC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges,...
North America Deck Design Software Market Size, Share & Trends Analysis Report By Deployment (On-premise, Cloud), By End Use (Architect & Builders, Remodelers), By Application, By Country, And Segment Forecasts, 2021 - 2028
North America Deck Design Software Market Growth & Trends
North America Cold Storage Market Size, Share & Trends Analysis Report By Warehouse (Private & Semi Private, Public), By Construction, By Temperature (Chilled, Frozen), By Application, And Segment Forecasts, 2021 - 2028
North America Cold Storage Market Growth & Trends
The North America cold...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.