The cranes are on the move once again in Spain, as the construction sector finally picks up its tools following a seven year pause. October 2014 saw the sector register a 13.9% increase in activity compared with a year earlier, according to Eurostat, while financial advisors Arcano have pegged real estate and construction as two of the driving forces behind the Spanish economy in 2015.
Taylor Wimpey Epaña comments: “The past few years certainly haven’t been easy for Spain’s construction and real estate sectors. Many developments were simply left mid-construction when the hard times hit and it has taken until now for a lot of companies to have both the confidence and the financing to begin building once more.”
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