[caption id="attachment_25092" align="alignnone" width="4971"] Photo: Monaco Life[/caption]
The decline in new home-building in the Principality was very marked in 2017, with only 15 new homes delivered during the year, mainly two-room apartments, according to IMSEE, the Monaco statistical service.
No new building programme had been started in 2016. Off-plan sales in the Stella and Villa Trianon(ex 45 rue Grimaldi) largely supported the real estate market, which declined by 49.5 percent in terms of sales transactions during the year.
In previous years, the Blue Bird, Little Africa and Odeon Tower developments consisted of large and very luxurious units.
The real estate resale market also fell markedly in terms of sales, with a 17.2 percent decrease in the amount of resales. The price per square metre decreased only marginally, by 0.2 percent, and the average price per unit rose by 6 percent.
[caption id="attachment_28418" align="alignnone" width="2953"] Photo: DC[/caption]
A cooperation agreement between Princess Grace Hospital Centre (CHPG) and the Monaco Institute of Sports Medicine (IM2S) was signed on Monday, February 19.
This rapprochement between the two institutions, which already collaborate closely, takes into account the need to develop partnerships between the health institutions in the Principality, bearing in mind their close geographical proximity and the related nature of their activities.
Closer cooperation will be developed in order to find further synergies that will further integrate the activities of IM2S into the new Princess Grace Hospital Centre of Orthopaedics.
Didier Gamerdinger, Minister of Social Affairs and Health, praised the constructive nature of the exchanges between the doctors and those responsible for these high-level healthcare facilities in the Principality.
The agreement took place under the aegis of Minister Gamerdinger, CHPG Chairman of the Board, André Garin, and Director, Patrick Bini, along with IM2S President Delegate, Céline Caron-Dagioni, and Director General Gérard Luccio.
[caption id="attachment_28462" align="alignnone" width="1172"] Photo: Facebook Gouvernement Monaco[/caption]
Traffic will be restricted to one way along part of blvd Princesse Charlotte, between avenue de Roqueville Avenue and the Sainte-Dévote bridge, from Monday, February 26, to Friday, March 9, as part of the construction project for the future FANB High School.
The flow of traffic will be modified as follows:
- Vehicles coming from the Sainte-Dévote bridge will be diverted to boulevard de Suisse.
- Vehicles arriving from the upper part of avenue de Roqueville will have to turn left towards avenue Saint-Michel.
To secure bus operations at the Roqueville intersection, manual traffic control will be provided during the day.