As the general election draws near, the construction industry is looking for certainty and confidence. The London real estate market has experienced a period of uncertainty and fluctuation, which coupled with global economic challenges and other external pressures, has impacted confidence levels and pricing within the market. In our recent publication, the summer edition of our London Market Report titled 'An Imperfect Storm,' we provide insights into the current state of the market and offer strategies for businesses to navigate the risks effectively. For a comprehensive overview, please access the full report here: bit.ly/4aBO0w0 For more information, please get in touch with one of the team: Rachel Coleman Steve Watts Michael Cracknell Mark Lacey #LondonMarketReport #RealEstate #ConstructionIndustry #CostManagement
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Associate Director, Business Generation & Marketing Lead at Turner & Townsend alinea
Discover valuable insights into the London real estate market with this informative report. Happy reading! #EconomicOutlook #Insights #Construction
We are pleased to share the summer edition of our London Real Estate Market Report: An Imperfect Storm, which provides insight into the current state of the market. The report highlights the increasing strain on project viability in the construction industry, with numerous cost drivers impacting London construction projects. Global conflicts, political changes, spending constraints, and climate change are highlighted as factors influencing economic recovery. Despite these challenges, there are positive indicators, such as international investors showing interest in London's property market. The report highlights the potential for higher tender prices in 2026, emphasising the need for collaboration among developers and teams to improve scheme viability and cost-effectiveness. Read the full report here: bit.ly/4aBO0w0 For more information, please get in touch with one of the team: Rachel Coleman Steve Watts Michael Cracknell Mark Lacey #LondonMarketReport #RealEstate #ConstructionIndustry #CostManagement
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An Imperfect Storm: Navigating the London Real Estate Market The London real estate market finds itself caught in an "imperfect storm" of global and domestic headwinds. While construction inflation continues to rise, albeit at a slower pace, the tight labour market is driving labour inflation even higher. This combination is a key factor in the ongoing pressure on tender prices. Our forecast for the London real estate market is cautiously optimistic. We believe that the current soft market dynamics will gradually improve in line with the UK's economic recovery. However, it's important to acknowledge that this improvement has yet to fully materialise in the market. Therefore, our forecast for tender price inflation in London remains steady at 2.0% for 2024, with a projected increase to 3.0% in 2025. However, we anticipate a more significant rebound in pricing if the UK economy strengthens, investor confidence returns, and the constraints in the London supply chain ease. Read the full report here: bit.ly/4aBO0w0 For more information, please get in touch with one of the team: Rachel Coleman Steve Watts Michael Cracknell Mark Lacey #LondonMarketReport #RealEstate #ConstructionIndustry #CostManagement
We are pleased to share the summer edition of our London Real Estate Market Report: An Imperfect Storm, which provides insight into the current state of the market. The report highlights the increasing strain on project viability in the construction industry, with numerous cost drivers impacting London construction projects. Global conflicts, political changes, spending constraints, and climate change are highlighted as factors influencing economic recovery. Despite these challenges, there are positive indicators, such as international investors showing interest in London's property market. The report highlights the potential for higher tender prices in 2026, emphasising the need for collaboration among developers and teams to improve scheme viability and cost-effectiveness. Read the full report here: bit.ly/4aBO0w0 For more information, please get in touch with one of the team: Rachel Coleman Steve Watts Michael Cracknell Mark Lacey #LondonMarketReport #RealEstate #ConstructionIndustry #CostManagement
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We are pleased to share the summer edition of our London Real Estate Market Report: An Imperfect Storm, which provides insight into the current state of the market. The report highlights the increasing strain on project viability in the construction industry, with numerous cost drivers impacting London construction projects. Global conflicts, political changes, spending constraints, and climate change are highlighted as factors influencing economic recovery. Despite these challenges, there are positive indicators, such as international investors showing interest in London's property market. The report highlights the potential for higher tender prices in 2026, emphasising the need for collaboration among developers and teams to improve scheme viability and cost-effectiveness. Read the full report here: bit.ly/4aBO0w0 For more information, please get in touch with one of the team: Rachel Coleman Steve Watts Michael Cracknell Mark Lacey #LondonMarketReport #RealEstate #ConstructionIndustry #CostManagement
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Our Q4 Canadian #CRE industry conditions and sentiment survey has revealed a shift in priorities. Long-standing concerns such as the cost of capital and construction expenses are beginning to decrease in importance, while issues related to provincial & local regulations, zoning, and taxation are gaining more attention. Get the full scoop from our latest Q4 2024 CRE industry survey report and plan your next strategic move: https://lnkd.in/gq9ypsBs #commercialrealestate #construction #realestate
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A deep dive into the state of England’s new-build market. https://lnkd.in/etswPPnp #Modunite #NewHomes #Construction #NewBuildMarket #GeneralElection #PropertyDeveloper #UK #Building #InterestRates
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Construction cost increases have hit a 3-year low, potentially impacting development activity and providing cautious optimism for the real estate and construction industry. Read the full article in Commercial Property Executive with Andrew Volz: https://co.jll/3BLPisD #ConstructionInsights #RealEstateDevelopment #JLL
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Higher construction costs, tighter lending and economic uncertainty have put this Sunbelt city's construction on pause. Chuck McShane explores various asset classes in comparison to current, market peak and pre-pandemic levels in this article from CoStar Group.
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Both the Housing Market Index and the Consumer Confidence Index have improved since the start of 2024, indicating a returned confidence among builders and the public in the near-term housing market. Read Kroll's U.S. and Canada Building Products & Materials Report to learn more: http://ms.spr.ly/6048YbZBY #MergersAndAcquisitions #Construction #HousingMarket
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Helping companies thrive by targeting investment in optimal operating locations and negotiating economic incentives that offset costs
Both the Housing Market Index and the Consumer Confidence Index have improved since the start of 2024, indicating a returned confidence among builders and the public in the near-term housing market. Read Kroll's U.S. and Canada Building Products & Materials Report to learn more: http://ms.spr.ly/6042YpsUp #MergersAndAcquisitions #Construction #HousingMarket
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