Despite the changes brought about by the economic crisis, the real estate sector in all its facets still accounts for 13% of GDP.
Although normally viewed as a single macroeconomic sector, there are many and varied sub-sectors, each one with its own complexities: residential, commercial, institutional, construction, development and promotion, etc. The tax and accounting issues vary from one sub-sector to the next. Grupo FES works with real estate developers, real estate companies and construction companies, all of which require specialised expertise due to the size of the investments involved and the cash flows these companies manage.