The construction of new buildings fell in Finland by 19 per cent in January-March. (sigh) I have a feeling it’s going to get worse before it gets better. (via)
Tag Archives: recession
Dynamic Helsinki Website
The international real estate industry will gather in Cannes, March 10-13 for the MIPIM fair, I’d imagine it will be a sombre affair taking place as it is agaisnt a backdrop of a projected world recession. But Greater Helsinki is bringing an exhibition stand there and it is a historic time for the city as [...]
No New Building In Finland
No new private apartment building projects were started in Helsinki , and the equivalent of only three apartment blocks in the whole of Finland were begun between October last year and February this year according to HS. There is a cold wind blowing so button up!
Job Cuts
Construction company Skanska to cut 600 jobs in Finland, YIT is doing the same. I sense the ground about to disappear below our feet as the construction industry approaches a state of coma. The signs are not good.