Record home sale reflects pricey Swiss property market
Unemployment continues to rise and Switzerland's economy shrank slightly last year but you would never know it by looking at the country's property market, which continues to defy gravity. The record purchase...
Government projects propel construction industry
by Malcolm Curtis
August 18, 2010 | 11:01
The delayed impact of government projects meant to counteract last year’s recession - mostly transportation improvement schemes - are boosting construction activity, according to a report by Credit Suisse. Civil engineering companies are prospering while new home building remains strong thanks to low interest rates and continued immigration, an expert from the bank tells Swisster.
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