For the moment, in fiscal year 2018, which is considered transitional, OHL has reduced its construction business revenues by 6.2% to 2,496 million euros. At the end of the year, the company had a portfolio of works pending execution amounting to 5,240 million euros, 95.6% for international projects, 41% in the United States. For its part, the industrial construction business generated revenues of 189.9 million, 29.6% less, due to its decision to leave the construction sector of oil and gas facilities, and the lower rate of execution of some projects. In this case, the work portfolio is estimated at 260 million. On the other hand, the services division is the only one of the group that grows, 11.1%, in a way that contributed 264 million, thanks to the cleaning and maintenance and home help contracts. After the sale of the complete Blank Calendar to Print luxury tourist complex in Mexico, OHL can no longer consider the development division as a business, in which the Canalejas project in Madrid and the one promoted in London were also included, which, from now on, are considered as participations .
Blank Calendar to Print
OHL has 50% of the Canalejas complex, the residential, luxury hotel and commercial project that it raises in the center of Madrid and 49% of a similar work in London, projects that have a book value of 301 million. The Government has The aim is to include the rent reform in this package of measures that will lead, in an “in extremis” manner, to the permanent deputation of the Congress. The Executive will approve predictably in the Council of Ministers on Friday a royal decree that will include initiatives such as limiting the increases in income to the IPC, extending the period of the contracts to five years and charging the owner the costs of real estate if this is a legal person. A norm elaborated almost alimón with Podemos and that has been harshly criticized by the real estate sector.
Sources of the purple formation, that knocked down the first reform of the rent in the Congress not to gather measures to control the prices, are inclined to allow now that the decree-law transacts if the measures negotiated until now are included. “You can not exhaust the legislature without improvements in the matter,” they say. Yesterday, the Minister of Public Works, Blank Calendar to Print, advocated in Congress to resolve “urgent needs” in the area of housing, but with “viable” measures. The new decree opens the door to elaborate state and autonomous reference price indices. But since Unidos Podemos say that there is still no proposal for a change in the leases law that effectively regulates prices effectively.