Andreas Ibel - BFW


Increasing construction costs are a big factor in the drop in permits, according to BFW president Andreas Ibel. This is because the Energy Saving Regulation (EnEV 2016), which came into force on 1 January 2016, stipulates that in new construction projects after that date, the energy values of the overall building must be reduced by 25%. ‘This has pushed up the cost of construction by 7%,’ he said.

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