Tender price indicator
Q2 2019
Our Tender Price Inflation report looks at the movement of prices in tenders for building contracts in the UK. The report examines a number of contributing factors and is further informed by our market survey responses and contractor consultations.
LREF NextGen Debate 2019: The impact of flexible working - Part 1
NextGen professionals from across the built environment debated the impact of flexible working on wellbeing, at the London Real Estate Forum 2019. Team One discuss their thoughts and argue that increased flexible working has a negative impact on mental health in the capital.
LREF NextGen Debate 2019: The impact of flexible working - Part 2
Arguing that flexible working has a positive impact on mental health and wellbeing, NextGen professionals from across the built environment take part in the London Real Estate Forum NextGen debate 2019.
Market Research Bulletin: Iron ore prices begin to drift lower after July highs
Iron ore prices begin to drift lower after July highs, UK construction PMI rebounds from 10-year low but activity is still contracting, the CPA revises down its construction output forecasts over concerns about major infrastructure projects and latest official data shows that only four contractors are meeting the Government’s target for contractors to pay suppliers within 60 days
Sports Venues - Redefining Hospitality
The demographic of those attending live sporting events has shifted in recent years. A generation of millennials have voiced their preferences on how they want to consume and engage with sport.
Market Research Bulletin: Fears grow that British Steel could be broken up
The latest ONS construction output figures show that ‘All Work’ output grew by 0.64% in May 2019 compared to the previous month. However, in the latest three month on previous three month series, total output growth flat lined, showing that there was 0% growth in the spring. Whilst all new work increased marginally over the latest three month period (0.3%), all repair and maintenance work fell (-0.5%).
High Rise Construction
The UK’s skyline continues to head upwards with record numbers of tall buildings being completed this year. They are increasingly becoming the norm in London with more than 500 in planning, approved or under construction in a city which has traditionally been associated with low-rise, low-density developments. But the phenomenon is by no means limited to London. Manchester and Birmingham, amongst other UK cities, are also seeing their fair share of high rise development with more expected over the next decade.
Green Lending
Green lending is the means by which commercial lenders provide development finance to borrowers who develop green buildings or retrofit existing buildings with green or environmentally responsible features. The lending is conditional on the borrower fulfilling certain environmental criteria. Generally, this means that the borrower’s sustainability strategy is closely scrutinised.
Market Update - Q1 2019
G&T’s Market Update (June 2019) provides an overview of the UK construction market.
The Housing Crisis Within The Northern Powerhouse
Recent figures suggest that by 2030 the Northern Powerhouse will have a shortage of approximately 86,000 homes. Rough sleeping has almost doubled since 2010 and nationwide the number of people in temporary accommodation is on track to reach 100,000 by 2020, unless the Government takes steps to deliver more affordable private, intermediate and social housing. So how can this negative trajectory be reversed?
NextGen Perspectives on...Tackling Talent Post-Brexit
How can the industry futureproof acquisition and retention of young talent through design? And how can we prevent a talent drain after Brexit?
NextGen Perspectives on...Big Data and Smart Technology
How important is big data and smart technology to the next generation? and how can we harness big data and smart technology to innovate within the construction industry?
NextGen Perspectives on...Wellbeing and Mental Health: The invisible risk
In April, G&T hosted the New London Architecture (NLA) NextGen Working Group, as part of the NLA’s NextGen programme. The programme seeks to bring together young professionals and established construction industry experts to explore and discuss some of the critical issues being faced in the industry.
Are 'All Electric' Buildings The Future?
The UK government has set an ambitious target to reduce carbon emissions by 80% of 1990 levels, by 2025. The use of fossil fuels as the primary source for heating and cooling buildings is a substantial contributor to carbon emissions, and its continued use by the construction industry is likely to impact the UK’s ability to achieve this target.
Office Well-Being
Unlike other sustainable items, buildings do not communicate in simple terms what they are made of and why they are good for you. Yet all of us are making stronger connections between where we are and how we are, all the time.
London Market Update - March 2019
G&T’s latest London Market Update (March 2019) provides an overview of the London construction market.
Retail Is Changing Shape, But We Can All Move With It
Online retail is growing fast and there are thousands of empty stores lying dormant in retail centres across the UK, but already certain landlords are bringing them back to life through considerate development. Read on to find out more
A Good Time to Invest in Build to Rent
Over the last five years, the total number of Build to Rent (BTR) units completed, under construction or in planning has increased six-fold. With steady growth every year since 2013 and more than £2bn of investment per annum since 2017, experts predict that the BTR pipeline could double to 200,000 units in the next two years.
The Internet of Things in Construction
In simple terms, IoT is a network of embedded sensors, meters, appliances and devices capable of sending and receiving data about changes to their current physical state and surrounding environment over the internet.
Off-Site Manufacture for Construction: Barriers to Uptake
In this report we explore the potentially disruptive growth of off-site manufacturing for construction and some of the barriers currently preventing its wider adoption. Given the broadly acknowledged benefits of off-site manufacturing, the question has to be addressed why is this not the norm?
London Market Update - Q3
G&T’s London Market Update (Q3 2018) provides an overview of the London construction market in the third quarter of 2018.
Warehousing and Distribution
Adapting for the omni-channel environment
Well and Fitwel
People spend about 90% of their time indoors and businesses typically spend 90% of their budgets on people. In a well-regarded survey of global corporate executives, 90% reported that they expected to improve their approach to employee wellbeing. It is little wonder why health and wellness have become a dominant concern for the real estate and construction industry.
New stores deliver retailers an average 12% uplift in online sales
Revo launches ‘Tomorrow’s World: Retail on the line’ omnichannel research report
Budget 2018 - Construction and Property Highlights
As the 2018 growth forecast is upgraded from 1.3% to 1.6%, a number of the proposed measures in the Budget 2018 will impact the construction and property sector.
A Bright Future for Retail
The demise of traditional shopping habits, the rise and rise of online, shrinking profits for department store operators, retailers seeking to renegotiate leases and developers rethinking their plans for shopping developments whilst business rates can be crippling are just some of the challenging factors that retail world faces.
Co-Working Spaces: New Ways of Working
Co-working is a concept whereby those who are self-employed or working for different employers rent out space in the form of seats, desks or private offices from operators, typically on a monthly basis.
The Data Behind Design: How Companies Tailor The Office To Employee Preferences
For years, architects and developers have attempted to predict what the office of the future will look like. Read on to find out more.
The Growth of Build to Rent in the UK
The move away from buying/selling homes
Built Environment NextGen professionals tackle the housing crisis at LREF 2018
Watch the action unfold in the NextGen roundtable debate held at LREF 2018, discussing solutions to the London housing crisis.
G&T Launches New Microsite
GT Market Intelligence is an online platform with a curated selection of G&T market research publications, opinion pieces, insights and analysis. Watch our film to find out more.
Brexit Watch - Construction Labour
With Brexit just under a year away, we look at how it will affect the UK labour market and what impact it will have on the construction sector.
Heathrow Airport Expansion Moves Forward
On 5th June 2018, the Cabinet signed off on plans for a new runway at Heathrow Airport. Transport Secretary, Chris Grayling, said the decision was in the ‘national interest’.
Key Issues for Lenders on Construction Projects
Our article looks at how structuring projects to make them more acceptable to lenders significantly improves the chances of getting them off of the ground.
Economics of Building Above Operational Railways
We look at some of the issues that design teams and contractors should take into account when contemplating an over site development.
Introduction to Cross Laminated Timber
We give a brief introduction to Cross Laminated Timber and look at how this new construction method is slowly changing the built environment.
Next Generation Sustainability
In this article we look at the impact on sustainability when three worlds collide: health and wellbeing, technology and real estate.
Market Focus: Insolvency Warning Signs
Following the failure of Carillion in January 2018 and its impact on the construction sector, we look at the early warning signs that can indicate problems ahead.
Tax Update - Environmental Incentives
Incorporating energy and water efficient technologies into buildings is not just good for the environment. They attract generous tax incentives too.