Q1 2021 Permit-Completion: enhanced

Updated with Q1 2021 data on 14 June

We have an all new Permit-Completion visualization of the 8 EECFA (Bulgaria, Croatia, Romania, Russia, Serbia, Slovenia, Turkey, Ukraine) + 1 Euroconstruct countries (Hungary).

Open the full visualization with the link below and come back here for hints:

EECFA Permit-Completion Quarterly – 14 June 2020

Beside updating it with Q4 2020 data, we have enhanced it with some new features. We think that it is friendly to use and does not require too much explanation, so we just would like to give you 5+1 hints here.

1. There is no separate Residential and Non-residential viz any longer, all data are integrated into one viz:

2. There is an additional sheet for cross-country comparison of permit data:

3. On the country-by-country sheet the graphs are in pairs horizontally; level on the left, yearly change on the right:

4. Use the tooltips and click to highlight:

5. On the cross-country comparison sheet residential and non-residential permits are shown together by default, but you can filter out any:

+1. I love full screen view, no distraction whatsoever (below the viz, bottom right corner):

Go to the viz: EECFA Permit-Completion Quarterly – 14 June 2020

We are updating this viz quarterly, and in case you need construction forecast for these countries, please get in touch with our customer relations manager at eszter.falucskai@eecfa.com for an offer for the current EECFA Forecast Reports.

Q1 2018 Permit and Completion Data

The interactive permit and completion charts for residential and non-residential buildings in the 8 Eastern European countries EECFA covers and in Hungary (covered by Buildecon in EUROCONSTRUCT) have been updated with the latest data.

Residential permit-completion (number of dwellings)

Non-residential permit-completion (floor area and number of buildings)

Updated Permit and Completion Data – 2017

As Q4 2017 permit and completion data are being published, we’ve been updating our interactive permit & completion charts for residential and non-residential buildings in the 8 Eastern European countries EECFA covers
and in Hungary (covered by Buildecon in EUROCONSTRUCT)

Interactive charts for the 2 sub-markets:

1. Residential permit&completion (number of dwellings)

2. Non-residential permit&completion (floor area and number of buildings)

And this summary table shows the latest data of permitted buildings (residential and non-residential floor area together).

These data have been compiled by Janos Gaspar, Head of Research (EECFA, Buildecon)

Serbia’s retail – primed for take off

Serbia’s retail segment is enjoying a robust growth in the number of permitted buildings due to the permit reform introduced in 2015. With the first phase of the reform having commenced in 2015, and the second phase having been set out in 2016, the application procedure for permits has been made fully electronic in order to have full transparency. Consequently, not only did Serbia gain a better position in The World Bank’s 2016 Doing Business list, but is now seeing a new investment cycle of the construction of high-volume international-type shopping malls. The start of such several big-league projects should sustain this growth cycle and give a boost to construction volumes in the years to come.

Written by Dejan Krajinović, Beobuild Core D.O.O, EECFA Serbia

Delta Planet, Ada Mall (top row), IPM center, BIG Fashion (middle row), BW Gallery (bottom) – Source: beobuild.rs

In an effort to improve investment climate, permit procedures in Serbia were marked as a one of the main regulatory obstacles to development, with a long line of inefficient procedures and corrupt instances suffocating the economy. Before the reform was introduced, in some cases, it took almost a year to acquire a building permit, even if all legal conditions were met. During 2015, the government presented a multi-phase reform, which would include a total overhaul of the procedures, resulting in far cheaper and much faster permit procedures. Its implementation started in late 2015 and so far, it has been a resounding success, with building permit applications now being processed in just a few days. Furthermore, the second phase of the reform implementation started in January 2016, with building permit applications now a fully electronic system in Serbia. With electronic and centralized applications, the reform aims to lower the number of instances and the possibility of corruption and hush money in the process. This significant regulatory reform helped Serbia swiftly boost its ranks in the World Bank’s ‘Doing Business’ list, and from 91st in 2015 it reached 47th position in 2016, making it one of the most improving economies of the world in 2016.

With some anticipation of investors, new permit procedures resulted in a strong spike of permit numbers across the board. Practically all construction segments have seen their share of growth, but with almost two years into implementation of the new permit laws, some construction sectors are leading the way. It seems that the retail segment forwards as main beneficiary in building construction, with a very potent investment cycle carrying almost 1 million permitted square meters in just over two years. Coming from a very low post-crisis level, this several-fold increase of permitted retail buildings created a real sector’s boom. The reasons behind such a strong reaction of investors lay in a very opportunistic market, open for development of big city malls and retail parks. It is worth Continue reading Serbia’s retail – primed for take off

Development of Permit and Completion – H1 2017

Our permit-completion graphs about residential dwellings and non-residential buildings have been updated with the latest figures.

Here you can follow the developments on interactive charts for all the 8 Eastern European countries we are dealing with in EECFA + Hungary Buildecon is reporting about for EUROCONSTRUCT.

Residential permit-completion (number of dwellings)

Non-residential permit-completion (floor area and number of buildings)

Data compiled by: Janos Gaspar (EECFA Research, Buildecon)

2016 Permit-Completion results of EECFA countries

See this summary table on how construction permit ended up in 2016 in the

  • 8 EECFA Countries where we have members
  • and in Hungary (as Buildecon is the Hungarian member to EUROCONSTRUCT)

T12+

and here you can follow the development of both permit and completion on interactive charts:

  1. Residential permit-completion (number of dwellings)
  2. Non-residential permit-completion (floor area and number of buildings)

On the residential graphs, the number of dwellings is displayed, and you can choose the countries and the data type. Besides these options, on non-residential graphs you can also choose the indicator type (floor area or number of buildings)