immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Stabilisierung

  • Flattening of construction price inflation continues

    Flattening of construction price inflation continues

    In 2022, construction prices in building construction experienced a sharp increase of over 8 per cent. In contrast, the construction price index for April 2024 shows a moderate increase of 0.8 per cent compared to the previous year. Since the last publication in December 2023, prices in building construction have risen by 0.4 per cent. Despite this slowdown, construction prices remain stable at a high level. Compared to three years ago, building construction prices increased by 13 per cent in April 2024.

    Material prices as the driving force
    A key factor in the levelling off of construction prices is the development of material costs. The KBOB material price index for building construction shows that material prices fell by 2.2 per cent between May 2023 and May 2024. Most of this decline took place between May and October 2023. Since November 2023, the material price index has stabilised and fell only slightly by 0.4 percent. Prices fell particularly sharply for reinforcing steel, which was over 10 per cent cheaper in May 2024 than in the previous year.

    Energy and fuel prices as a counterbalance
    While falling material prices are contributing to a slowdown in the development of construction prices, rising energy and fuel prices are counteracting this trend. According to the national consumer price index, energy and fuel prices in May 2024 were 6.6 per cent higher than in the previous year, which is putting upward pressure on construction prices.

    Outlook for future developments
    Despite the current stabilisation, there are factors that point to a possible renewed increase in construction prices. Wage trends and the continued rise in energy costs could lead to an increase in construction prices of around 1 per cent in 2024. It remains to be seen how these factors will affect the construction price index in the long term.

    Conclusion: diverse influences on construction prices
    The current development of construction prices is influenced by various factors. While falling material prices suggest a stagnating or declining trend, higher energy and fuel prices as well as wage trends are putting upward pressure. Construction prices are currently stabilising at a high level and a moderate increase is expected for 2024.

  • PriceHubble buys Dataloft in the UK

    PriceHubble buys Dataloft in the UK

    PriceHubble has acquired the British company Dataloft. According to a media release, the aim of the merger is further growth in the UK, where PriceHubble was launched in autumn 2022. The acquisition comes at a time when the UK real estate and banking industries are showing signs of stabilising, the release said.

    It is PriceHubble’s fifth acquisition, according to the company. The Zurich-based specialist in real estate valuation, consulting and analytics creates artificial intelligence-based valuation and visualisation solutions for real estate data. Based on Big Data Analytics technology, huge amounts of data can be analysed. Thus, information on property location and noise pollution is also included in the valuation. PriceHubble is aimed at UK banks, asset managers, estate agents, mortgage brokers, IFAs and fintechs.

    Dataloft is a residential property market information company and will continue to operate as a separate legal entity, leveraging its “well-established brand and client relationships”, it said. Managing director Sandra Jones will remain, according to the statement. As part of the acquisition, Dataloft will gain access to PriceHubble’s innovative market and data technology and pan-European data resources. full integration into the PriceHubble group is expected to take place in 2024.

  • Canton approves Rai design plan in Bergdietikon

    Canton approves Rai design plan in Bergdietikon

    The design plan submitted by the municipal council for the Rai area in Bergdietikon has been approved by the Department of Construction, Transport and Environment of the Canton of Aargau. This is announced by the municipal council in a message. It contains a look back at the 40-year history of the land of Rai. It began by buying four parcels of land in the Rai area between 1980 and 1990 so as not to leave the potential building land to speculators.

    After the canton's approval, the next step will be to implement the construction project. According to the communal council, the first step is to take measures to stabilize the hillside area. Implenia Immobilien AG has to submit a planning application for the planned work to the municipality of Bergdietikon. The concept developed by Heinrich Jäckli AG and Basler & Hofmann AG suggests slowing down the slope movements by means of deep drainage ditches arranged in the direction in which the slope falls. For the future development and development of the Rai area, subsoil investigations and movement measurements were carried out between 1991 and 2005. It follows from them that the slope movements can be reduced to such an extent that development and development are possible.

    In the years since the municipality acquired the Rai area, the topic of use has repeatedly dominated the political debate, writes municipality clerk Patrick Geissmann in the report on the Rai area. Pius Achermann, mayor from 1994 to 2005, has their say. He is quoted as saying: “The importance of the Rai area achieved a high priority during my tenure. Hardly a council meeting went by without addressing the subject of Rai. Rai became a constant topic. "

    For Paul Meier, mayor from 2006 to 2009, the state of Rai was “a stimulating word during my 16 years on the parish council.” And Gerhart Isler, mayor from 2010 to 2017, is quoted as saying that the subject involved the involvement of Implenia Development AG and specific planning work has been objectified. Ralf Dörig, mayor since 2018, is quoted as saying: "I am of course very pleased that the 40-year history of the country 'Rai' can now be concluded with a legally binding design plan." Solutions have been worked out, but there have also been setbacks. The entire planning has now been successfully completed.