ARTICLES LABELLED WITH TAG Euroconstruct

News Czech Republic to run out of basic building materials
26
Aug
2024

Czech Republic to run out of basic building materials

by Property Forum
The Czech Republic has been risking losing its self-sufficiency in producing stone and sand, according to the Euroconstruct report. These essential materials are becoming scarce because closed deposits are not replaced with newly opened ones. Obtaining permits for new ones is extremely complicated and none have been created for long.
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News European construction industry continues recovery
02
Feb
2023

European construction industry continues recovery

by Property Forum
According to Michael Klien from WIFO (the Austrian Euroconstruct member institute), 2022 was the second year of recovery for the European construction industry after the outbreak of the pandemic. The year-on-year growth rates of 3% were, however, much lower than in 2021 (+5.8%) owing to the sharp rise in construction costs, Euroconstruct reports in its latest press release.
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News Rebound expected in Poland’s construction market
13
Jul
2022

Rebound expected in Poland’s construction market

by Property Forum
After declines in Polish non-residential construction in 2020 and 2021, PAB-PCR&F Institute, the Polish member of Euroconstruct, forecasts a growth of over 3% annually in 2022-2024.
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News How will rising prices impact construction in Slovakia?
03
Jun
2022

How will rising prices impact construction in Slovakia?

by Property Forum
The Slovak construction market is the smallest among the member countries of the Euroconstruct area. Due to its size, it is significantly more affected by both favourable and unfavourable influences. Overall, the private sector contributes more to construction investment than the public sector. With one exception, civil engineering, where public investment is higher. In residential construction private investment exceeds public. This can be attributed to a widely neglected public rental housing programme in Slovakia, writes Radovan Kostelník from ÚEOS Komercia in his study for the independent organization Euroconstruct that unites research organisations from 19 EU countries.
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News Material shortages threaten the construction sector’s recovery
01
Oct
2021

Material shortages threaten the construction sector’s recovery

by Property Forum
According to the UK analyst of Euroconstruct, Harvir Dhillon, material shortages have plagued the construction industry over the past few months. In tandem with rising inflation, global construction activity has experienced a supply-side shock that looks set to persist well into 2022. Disruption in the supply chain has been driven by a number of factors, from the constrained capacity of sawmills and steel mills to environmental factors such as the forest fires seen in major timber exporters like the United States and Sweden, to name but a few.
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News Czech construction output recovery not expected until 2023
31
Aug
2021

Czech construction output recovery not expected until 2023

by Property Forum
According to the Czech analyst of Euroconstruct, David Frič, Czech construction certainly did not evade the crisis caused by the Covid-19 pandemic and the industry fell by 3.6% in 2020 and is unlikely to return to pre-pandemic levels in the next two years.
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News Strong rebound in European construction in 2021, but not in Hungary
15
Jun
2021

Strong rebound in European construction in 2021, but not in Hungary

by Property Forum
According to the new forecast presented by WIFO, the Austrian partner of the Euroconstruct network, construction in the Euroconstruct area is set to register a 3.8% growth this year. Yet, Hungary still awaits negative growth rates this year, although the drop in 2021 is foreseen to be lower than last year.
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News Hungary’s construction market not expected to recover fast
21
Sep
2020

Hungary’s construction market not expected to recover fast

by Property Forum
Unusually, due to the current situation, Euroconstruct has issued an interim forecast which is a revision of the June construction market forecast. The results have been summarised by János Gáspár, head of Euroconstruct's Hungarian research institute, Buildecon.
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News Europe’s construction industry will be hit hard by COVID-19
16
Jun
2020

Europe’s construction industry will be hit hard by COVID-19

by Property Forum
The European construction industry will be hit hard by the COVID-19 crisis, according to Euroconstruct's latest forecast for 19 European member states.
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Latest news


New leases

  • Woori Bank, one of the four largest banks in South Korea, will open its first office in Poland in the Park Postępu office complex in Warsaw. The tenant, which will occupy approximately 400 sqm, was supported by Itra Polska as an advisor. Woori Bank will occupy the office in December this year.
  • Moët Hennessy Polska, an LVMH company and part of the luxury products group, has signed a lease at Metropolitan Warszawa. Moët Hennessy Polska has leased 600 sqm of office space there.
  • Apollo-Rida, owner and manager of the Equal Business Park office complex in Kraków, has leased further office space totalling nearly 1,000 sqm. The new tenants are BRB Central Eastern Europe and Roeslein & Associates Poland.

New appointments

  • Agnieszka Niezgodzka joined Accolade as Associate Director of Asset Management. Her duties will be growing the portfolio and increasing the value of the properties.
  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.

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