Non-residential construction in the third quarter of 2018
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In the I-III quarter of 2018 the number of new non-residential buildings completed increased compared to the corresponding period of the previous year and a decrease of their total useful floor area was recorded[1]. The number of new non-residential buildings for which permits have been granted or which have been registered with a construction project decreased however an increase of their useful floor area was recorded.
Material effects of non-residential buildings construction
In the I-III quarter of 2018, 16,950 new non-residential buildings were completed and 2,729 were expanded (respectively by 0.2% more and 1.5% less than in the corresponding period of the previous year). The total useful floor area of new and expanded non-residential buildings completed amounted to 11,558.6 thous. sq m, 1.2% less than a year before. The largest increases in the useful floor area were recorded for office buildings (29.2%) and hotels and similar buildings (18.5%). In terms of the useful floor area in the three quarters of 2018 predominated industrial buildings and warehouses (45.2%). Significant shares were also held by other non-residential buildings (21.0%) and wholesale and retail trade buildings (13.7%).
[1] Whenever the note refers to the useful floor area of non-residential buildings completed - it should be understood as the sum of useful floor area of new buildings and new parts of extended buildings
