📣 Construction Sector Set for Growth in 2025! 🏗️ A sharp rise in new project starts is forecast to drive construction activity next year, with Glenigan predicting an 8% increase in 2025 and a further 10% in 2026. Key drivers include: ✅ Public sector & infrastructure projects unlocked by increased capital investment ✅ Growth in civils workloads, especially water and energy sectors ✅ Positive momentum in private and social housing As Glenigan’s Allan Wilen puts it, “The construction sector is on track for growth from 2025.” Exciting times ahead for the industry! Read more in the full Glenigan report 👉 https://lnkd.in/eqzpkUwC #ConstructionGrowth #Infrastructure #FutureForecast
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📣 Construction Sector Set for Growth in 2025! 🏗️ A sharp rise in new project starts is forecast to drive construction activity next year, with Glenigan predicting an 8% increase in 2025 and a further 10% in 2026. Key drivers include: ✅ Public sector & infrastructure projects unlocked by increased capital investment ✅ Growth in civils workloads, especially water and energy sectors ✅ Positive momentum in private and social housing As Glenigan’s Allan Wilen puts it, “The construction sector is on track for growth from 2025.” Exciting times ahead for the industry! Read more in the full Glenigan report 👉 https://lnkd.in/eqzpkUwC #ConstructionGrowth #Infrastructure #FutureForecast
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📣 Construction Sector Set for Growth in 2025! 🏗️ A sharp rise in new project starts is forecast to drive construction activity next year, with Glenigan predicting an 8% increase in 2025 and a further 10% in 2026. Key drivers include: ✅ Public sector & infrastructure projects unlocked by increased capital investment ✅ Growth in civils workloads, especially water and energy sectors ✅ Positive momentum in private and social housing As Glenigan’s Allan Wilen puts it, “The construction sector is on track for growth from 2025.” Exciting times ahead for the industry! Read more in the full Glenigan report 👉 https://lnkd.in/efZDwkT2 #ConstructionGrowth #Infrastructure #FutureForecast
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🚧 Positive news for the construction industry! 🚧 The recent Glenigan | Powered by Hubexo Construction Industry Forecast 2025-26, attended by our own Tony Cornwell, highlights a promising outlook for the sector: ✅ Construction starts are projected to bounce back, with an 8% rise in 2025, increasing to 10% in 2026. ✅ Growth is expected across 8 out of 10 sectors, driven by private sector confidence and public investment. ✅ Key areas like housing, offices, and industrial developments are set to experience strong growth, fueled by better economic conditions, increased investment, and greater political certainty. At Glencar, we’re excited about the opportunities this recovery presents and look forward to delivering impactful projects that drive growth and innovation in the construction industry. 🔗 Read the full report here: https://lnkd.in/e9gvMpaF #ConstructionNews #IndustryGrowth #Glencar #DoingItDifferently #BuildingTheFuture
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The Glenigan | Powered by Hubexo construction industry forecast predicts significant growth starting in 2025, with a 7% increase in construction output expected by 2026. Residential and infrastructure projects will drive this expansion, alongside a rising demand for commercial developments. 🔗 https://bit.ly/49aaIfv #constructionindustry
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The UK construction industry is poised for significant growth over the next two years, with a forecasted eight per cent increase in construction output in 2025, followed by a 10 per cent boost in 2026, according to market expert Glenigan | Powered by Hubexo UK Construction Industry Forecast 2025-2026. This growth is a sharp contrast to the expected 1 per cent contraction in 2024. #Construction #UKGrowth #UK #Housing #Economy Read about it and more: https://lnkd.in/ewddyGQx
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As the new labour government sets ambitious housing targets prioritising low energy, sustainable homes. ICF Bondmor is committed to supporting these targets and the governments vision of a greener more sustainable future through our “future ready” innovative ICF construction methods designed to meet the highest of standards of energy efficiency and carbon reduction. Our collaborative ICF training initiave with Ewan Metcalf and Darren Hamer #GreenSkillsCampus pioneering the requirement for eduction and training in sustainable construction and greener construction practices, further enhances labours goals of a green skilled workforce. Our blog below shows how we can make a difference transforming the future housing landscape. #NewGovernmentTargets #SustainableConstruction #AffordableHousing #EcoHomes #GreenSkills #SustainableBuild #InsulatedConcreteFormwork Alexander Morris Elliot McKendrick
Following the new Chancellor, Rt Hon Rachel Reeves' announcement on mandatory housing targets (08.07.24), ICF construction is set provide quick and affordable solutions to tackle the housing crisis. "To get Britain Building Again." As the new government sets ambitious housing targets, ICF is poised to play a crucial role in meeting these goals. With our expertise in Insulated Concrete Formwork (ICF) construction, we are well-positioned to support the drive for sustainable, social, and affordable housing. Follow the link below to read the full article... ICFA - Insulating Concrete Formwork Association BEWI Insulation & Construction UK Nudura UK Amvic Ireland Abigail Marshall Katung Peter Kyle Angela Rayner #ICF #MMC #SustainableConstruction #AffordableHousing #SocialHousing https://lnkd.in/eDAgUGg5
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This is why #RatesEquity should be applied in Australua. The rating system as it is, is not fit for purpose and is contributing to the housing crisis. Rates Equity is where all property owners in Auckland pay the same rates regardless of zoning or property use. No targeted rates or developer contribution costs. Just a single annual rate of between 1.0%-2.0% of property value for all properties with limited rebates for elderly low income homeowners/social housing and penalty rates for vacant properties.Rates Equity lowers the cost of building new homes considerably and also lowers rates for productive small businesses. The current system of low residential rates and property taxes pushes house prices higher. It also favours rental property investors over productive businesses.
News just in from Perth but the same is now true elsewhere. From a Property Council of Australia report, welcome for its originality in not blaming the planning system: 'Currently, only luxury apartments and low-density greenfield sprawl were economically viable projects. “While it doesn’t cost a lot less to build a smaller apartment in a less premium area, the price people are willing to pay is substantially less,” the report said. “These more affordable developments simply can’t proceed in the current environment. “Contrary to the common rhetoric, margins are not driven by ‘greed’; there are minimum thresholds necessary for securing project finance and managing risks.” The report blamed the climbing and highly volatile construction costs driven by labour shortages and competition for labour from government and mining sectors. It estimated that post-COVID construction costs had risen 30 per cent nationally, with even higher rises reported in WA, where infrastructure spending had more than doubled in the past five years thanks to major public works projects'.
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The latest figures on Canada’s residential building construction investment reveal that it has reached $15.2 billion, reflecting a 2.9% increase as of September 2024! Here’s what’s driving the action: Ontario is leading the charge with a $232.1M increase in residential building construction. Single-family homes saw a 4.0% jump (+$271.1M)—the highest growth rate in the sector. Multi-unit construction investment climbed 2.0% (+$162.4M), with big gains in Ontario, Quebec, and Alberta. What does this mean for you? It’s a sign of a thriving housing market with opportunities for buyers, builders, and investors alike. Tell us your thoughts on this growth in residential building construction investments in the comments below!
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🚧 Good news for the UK construction industry! (fingers crossed) 🤞 Glenigan forecasts 8% growth in 2025 and 10% in 2026, driven by private housing recovery, rising public investment, and stronger economic confidence. Key growth areas include offices, private housing, and social housing, supported by strategic fiscal changes in the recent Budget. The future is looking better for construction with £74.3bn in project starts expected in 2025 and £81.9bn in 2026! 🙌 Source: https://lnkd.in/en4wvuPg #ConstructionGrowth #UKConstruction #PositiveOutlook #HousingRecovery
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Green shoots are emerging for Australia's housing construction sector, according to a new survey of current conditions and expectations undertaken by the Royal Institute of Chartered Surveyors as part of their Global Construction Monitor Report. The survey is a leading indicator of construction activity. The positive moves in the residential sector may provide early signs of a recovery in residential construction even though such signs are yet to be reflected in building approval and construction lending data. #construction #housing #civilconstruction https://lnkd.in/gW5KTvy4
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