You are here

German building industry enjoys new boom

Sector buoyed by refugee influx as well as population growth in major cities and record-low interest rates

TRYING TO KEEP UP WITH DEMAND: Employees raising a prefabricated house for refugees on the production floor of construction firm Bauer Holzsysteme, in Neukirch, Germany, earlier this month. The company has received orders for more than 100 such homes in 2016, up from 20 delivered this year.

Neukirch, Germany

NEAR Germany's southern border, a small family-run construction company is being flooded with orders for its pre-fabricated homes.

They are destined to house some of the one million asylum seekers flooding into the country this year.

The family factory in...

Market voices on: