GUS: Over 40k apartments completed in Q1

In the first quarter of 2017, 40,587 apartments were completed, representing an 8.5 percent y/y growth Poland's Central Statistical Office (GUS) said. “In the first quarter of 2017, the total number of dwellings completed for use by the investor and his family was 88 percent and that of natural persons for sale or rent stood at 12 percent,” the report said. According to GUS, the average usable floor area of a flat completed in the first quarter of 2017 was at 97.2 sqm. And it was 0.6 sqm smaller than in the first quarter of 2016.