In 5 years, since the beginning of the economic crisis, there has been a Euro 43 bn drop in investments and 320,000 jobs have been lost, totalling 500,000 considering also related sectors. These are the figures released by the observatory of Ance, Italian Association of construction contractors. Also 2012 will experience shrinking investments (-6%), even worse than in 2011 (-5.3%) and the current forecasts (-3.8%). Moreover residential transactions have fallen in 2012 (-19.6%), yet average prices have only slightly decreased. These conditions have saved the real estate bubble from popping, said Ance.
Ance: - 43 bn Euro investments in 5 years
26/06/2012, 09:13 | Italia | ANCE - Associazione Nazionale Costruttori Edili
Last 10 Insertions
Euro 0.25 per share to delist Risanamento and merge it with Oui - 17/06/2013, 10:55 | Milan | Risanamento S.p.A., Zunino Luigi
Board of Directors’ decision - 17/06/2013, 10:54 | Italy | Aedes S.p.A.
Appointment as Interim, while Exor hunts new leader - 17/06/2013, 10:51 | Internazionale | Cushman & Wakefield, EXOR S.p.A.
Bankitalia is expecting a 2% yearly loss - 17/06/2013, 10:48 | Italy | Banca d'Italia
Award given by RAL Quality Assurance Association - 17/06/2013, 10:47 | Germany | Prelios S.p.A.
Marco Doglio, CEO of Fabrica sgr, talks to PropertyEU - 13/06/2013, 10:51 | Italy | Fabrica Immobiliare SGR S.p.A., Doglio Marco
The fund of fund is planning a first close of €200 mln - 06/06/2013, 11:27 | Italy | Ubs, Prelios SGR
The projects have to be presented as real and transparent opportunities - 06/06/2013, 09:32 | Milan | Ge.Fi. S.p.A., EIRE, Intiglietta Antonio
The comments during a panel discussion on bad banks at the EIRE - 06/06/2013, 09:25 | Milan, PropertyEu | DLA Piper, EIRE