
Savills Build: Perspective
Contains 8 articles"Construction sentiment belies wider economic indicators"
Tagged Articles

"Construction sentiment belies wider economic indicators"

"Refurbishment rising amid delivery and planning strains"
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"With ambitious UK housebuilding targets potentially chastened by a chronic shortage of essential construction aggregates, mineral extraction could become a valuable income stream for rural landowners."
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"Property management might not always be in the spotlight, but it is vital for turning a newly constructed building into an operational asset."

"The construction industry is an essential part of real estate markets around the world."

"Increased uncertainty weighs on the construction market"

"I&L take-up in 2024 reached 28m sq ft, 7% above pre-Covid. Vacancy rates remain high, speculative development slowed, and ESG refurbishments increased, while power supply issues and rising labour costs challenge build programmes"
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"US tariffs, declining construction confidence, divergent office markets, costly new safety laws, and rising contractor insolvencies are weakening the economic outlook and impacting decision-making in global real estate and construction markets."
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"Many industrial & logistics businesses are located where they are for a reason, be it geography, proximity to customers / suppliers, labour or even just legacy. "
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"Construction costs for a data centre increased by 6.5%, reaching an average of $9.1m per MW (€8.4m) across Europe. Zurich is still the most expensive market in Europe."