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Country focus Germany

By: Language: English Series: Building ; (11) 16 March 2007, 74-76(3)Publication details: 2007Subject(s): Summary: Presents an economic profile of Germany where the market has grown for the first time in 10 years. States that the real estate sector was booming in 2006 and that the construction industry had shown a growth of 2.5%. Also notes the steep increase in costs for construction and for materials and labour. Suggests that although the economy, and particularly the construction industry, have recovered some doubts remain about this recovery being sustained over the next couple of years.

Presents an economic profile of Germany where the market has grown for the first time in 10 years. States that the real estate sector was booming in 2006 and that the construction industry had shown a growth of 2.5%. Also notes the steep increase in costs for construction and for materials and labour. Suggests that although the economy, and particularly the construction industry, have recovered some doubts remain about this recovery being sustained over the next couple of years.