Tender price indicator
Q1 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.
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?
Market Research Bulletin: key themes from the BCO conference and ONS construction figures show output grew by 0.4% in the 3 months to April
Learning from the Danes: work-life balance and wellness were the key themes of this year’s BCO conference, Eurovia UK warns that local authorities are reining in highways maintenance investment after two or three years of strong spending and hedge funds and investors are increasingly betting against copper, with the price of the metal dropping 9% since the start of May.
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.
Market Research Bulletin: Latest London Crane Survey shows a rise in office space under construction
Immigration minister Caroline Nokes confirms there will be no EU labour ‘cliff edge’ on 31st October 2019, Steel prices are likely to become more volatile if British Steel is unable to find a buyer and the Construction Leadership Council’s (CLC) Future Skills report encourages contractors to employ more people directly.
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.
Market Research Bulletin: The City of London takes on debt to fund major infrastructure projects
The City of London takes on debt for the first time in almost 30 years to fund major infrastructure projects, UK Construction PMI returns to expansion after two consecutive months of contraction, the CPA’s latest survey finds that rising costs are eating into contractors’ margins and UK Construction output grew just over 1% in Q1.
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.