Ukraine: coronavirus affects real estate market

InCo home, one of the leading investment companies in construction and real estate industry, said the primary real estate market in Ukraine in January-March lost 15% of sales. “In January-March, sales with regard to 20 new residential complexes, where the company invested, reached a total of 15,000 square meters. Last year, it was 17,500 square…

Latvia: construction costs up in January 2020

Compared to December 2019, the level of construction costs in Latvia fell by 0.2% in January 2020. Labor remuneration of workers reduced by 0.9% andprices of building materials – by 0.1%, but maintenance and operational costs of machinery and equipment rose by 0.2%. In January, the average level of construction costs was mostly affected by…