Building construction, civil engineering, specialised trades, and real-estate activities. Highly cyclical and closely tied to interest rates and public investment.
Buying, selling, renting, and managing residential and commercial property. Revenue and valuations are highly sensitive to interest-rate cycles.
Umsatz
69,1 Mrd. €
Unternehmen
114,547
Site preparation, electrical and plumbing installation, plastering, painting, and other finishing trades. Mostly small and mid-sized craftsman businesses.
Umsatz
31,4 Mrd. €
Unternehmen
78,717
Construction of roads, rail, bridges, tunnels, pipelines, and utility networks. Primarily driven by public infrastructure spending.
Umsatz
20,7 Mrd. €
Unternehmen
5,474
General contractors and developers erecting residential, commercial, and industrial buildings. Core of the housing and office-development market.
Umsatz
5 Mrd. €
Unternehmen
7,011
Products
Risks
Opportunities
