Property registration up 4.3% y/y in July 2016 
Property registration (commercial and residential real estate) increased 4.3% y/y (-10.0% m/m), reaching 51,314 units in July 2016, according to the National Agency of Public Registry. Registration increased for primary (+2.7% y/y, 19.7% of total), as well as secondary (+4.7% y/y, 80.3% of total) properties. 

Company registration down 9.2% y/y in July 2016 
In July 2016, company registration was down 9.2% y/y (-6.1% m/m) to 3,794 units, according to the National Agency of Public Registry. Out of newly registered companies, 96.2% were business legal entities, while 3.8% comprised non-entrepreneurial (non-commercial) legal entities