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Good times for housing developers

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Since the beginning of this year developers have been presenting an improving position within the reports from GUS Central Statistical Office in Poland. Even though the number of commissioned apartments has dropped by 3% in the first five months of the year, the number of instigated construction investments increased by almost a quarter and the number of building permits obtained increased by 15%. From January, developers and construction societies started construction of 26,000 and 448 apartments respectively. In May, they started construction of 6,000 and 4 apartments.

(Source: AHK Poland)

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Posted in: Economy and Politics

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