AGP Executive Report
Last update: 3 hours agoGerman Construction Watch: Germany’s construction downturn eased in August as the S&P Global PMI rose to 48.7 from 42.1 in July, with residential building declines softening sharply, though civil engineering still contracted. Offshore Wind Policy: Germany moved its offshore wind reform into parliament, keeping expansion targets but changing how projects are auctioned and supported via a two-stage model, with the WindSeeG amendment now heading to the Bundestag and Bundesrat. Industrial Real Estate & Logistics: Deka Immobilien bought a fully let ~33,000 m² logistics property in Vantaa’s Aviapolis near Helsinki Airport for an open-ended fund, adding a green-certified asset with PV and geothermal systems. Arson & Security: Munich police detained two Bulgarian suspects after an incendiary attack on a construction site near defence firms; a judge will decide on warrants. Heritage vs Housing: Iraq’s State Board of Antiquities denied claims that archaeological sites are being destroyed for housing, saying development requires rescue excavation and documentation first. Energy Cooperation: India and Germany reviewed energy collaboration, focusing on electrification, low-carbon development, carbon markets and supply-chain diversification.
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