Brussels is Europe’s fifth most expensive capital city in terms of construction costs

Brussels is Europe’s fifth most expensive capital city in terms of construction costs, according to a recent report by the consulting company Arcadis.

The study, entitled “International Construction Costs 2019”, found that the four priciest European capitals to build in are Copenhagen, London, Moscow and Paris, while at a global level construction is most expensive in New York, San Francisco and Hong Kong. The ten cheapest cities for construction worldwide, on the other hand, are almost all in Asia.

In Belgium, a rise of 2.5% in the average cost of construction is expected for 2019 relative to 2018, according to Arcadis.