Spain 
Italy 
Greece 
Urban Rehabilitation Indexes Up in March
27 April 2021 – Ana Custódio
The Urban Rehabilitation Survey is indicating a comeback at the end of the first quarter.
According to AICCOPN’s (Associação dos Industriais da Construção Civil e Obras Públicas) survey of Urban Rehabilitation, executives in Portugal are gaining confidence regarding the perspectives for the market. The index, which measures executives’ opinions concerning the volume of their Order Books shows, in March, an increase of 1% y-o-y, ending a series of declines in the indicator.
As for the index measuring changes in the Level of Activity, the survey shows a reduction of 1.8% y-o-y, still a significant improvement over recent months.
AICCOPN also noted that the number of months of contracted production (the time that current orders guarantee work), which has been recovering at a consistent pace since December, grew to 9.2 months, an increase of 8.2% month-on-month.
Translation: Richard D. K. Turner