A combination of government incentives, in addition to strong fundamentals, are expected to continue having an impact on the building industry in a positive way. Despite the strong growth registered over the past few years, however, the challenge of reducing the number of Peruvians that lack appropriate housing remains. According to figures from the Ministry of Housing,...
Real Estate
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Articles & Analysis | Additional financing instruments to help close the housing gap from The Report: Peru 2015
Chapter | Construction & Real Estate from The Report: Peru 2015
Accounting for around 5% of GDP, the Peruvian construction sector continues to see expansion at several levels. The sector grew by 8.9% in 2013 before slowing down to 3.1% year-on-year in the first half of 2014. Activity in the construction sector is being led by the burgeoning need for housing, as well as commercial real estate, both resulting from improved living standards in Peruvian cities...
Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.
Articles & Analysis | Public and private investments aim to make the country self-sufficient in cement from The Report: Algeria 2014
Algeria continues to have a significant gap between cement demand and production capabilities. Both the state and private operators have been increasing domestic capacity. But amidst a nationwide effort to develop infrastructure, a housing programme prioritised by the government to reduce the housing gap and an economic dynamism that is galvanising private construction...
Articles & Analysis | Building sufficient affordable housing remains a major challenge from The Report: Algeria 2014
With a growing and young population and an urbanisation rate approaching 70%, Algeria’s housing deficit is a problem that has been at the centre of government policy for several years. The country’s current housing gap is estimated to be 1.2m homes, according to figures published by the South Africa-based organisation Centre for Affordable Housing Finance in Africa (...
Articles & Analysis | New measures aim to accelerate development of housing options, as other segments of the market show renewed dynamism from The Report: Algeria 2014
As the government channels state funds into its public housing programme, growing private interest is stoking growth in the higher-end residential segment of Algeria’s real estate market along with office and commercial real estate.