Are the property and construction sectors improving?

According to the Business Report report, Lee-Anne Bac, head of property advisory at Grant Thornton, said that these low levels of optimism were a reflection of harsh trading conditions that are constrained by regulations and red tape, the lack of skills and a shortage of demand for new projects. She says that over-regulation has created a stranglehold for this sector and could lead to further stagnation if it is not addressed.

For more:

• Business Report: Property, construction firms feel heavy stress