Market Research Bulletin

Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: Latest findings from the Deloitte Winter Crane Survey

Affordable home delivery increases 22% in 2018/19 but social rented accommodation “not being delivered at the scale and pace the country needs”, BAM Nuttall uses new AI system that can predict concrete strength on its London City Airport expansion project, De Monfort University researchers create new super-insulating house brick made out of domestic plastic waste plus more news and data from across London and the UK.

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Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: Migration of flexible office space to city outskirts is creating a 'Flex Economy'

Migration of flexible office space to the outskirts of major UK cities is creating a 'flex economy', UK construction output picks up in Q3 as new work output beats expectations, Landsec launches new sustainability strategy with the aim of being a net zero carbon business by 2030, British Land plans to cut its exposure to retail and moves forward with plans to become a mixed-use specialist plus more news and data from across London and the UK.

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Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: 2019 sees a record surge in purpose-built student accommodation

2019 sees a record surge in purpose-built student accommodation, smaller construction companies report slower workforce growth in the Federation of Master Builders latest survey, new white paper calls for a national resource exchange mechanism to encourage the widespread re-use of materials in construction, Government announces wins for the first tranche of a £30bn public sector construction framework plus more news and data from across London and the UK.

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Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: CPA downgrades construction output forecasts for 2020 and 2021 over Brexit uncertainty

The CPA downgrades its construction output forecasts for 2020 and 2021 over uncertainty on Brexit and major infrastructure delivery, the interest rate at which councils can borrow to fund new schemes increases by 1% to discourage "risky" investments, UK Green Building Council launches a paper containing suggested energy performance targets for commercial offices plus more news and data from across London and the UK.

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Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: Hospital schemes set to receive £2.7bn cash injection

G&T to provide cost management services on British Land’s new mixed-use Canada Water scheme, UK construction activity contracts for the fifth consecutive month according to the latest PMI survey, Government launches consultation on energy regulations to improve the efficiency of new homes from 2020, Hospital schemes set to receive £2.7bn cash injection as part of a new hospital building programme plus more news and data from across London and the UK.

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Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: HS2 Plans to Overhaul its Procurement Strategy

HS2 plans to overhaul its procurement strategy in an effort to attract more bidders, implementation of domestic reverse charge VAT for construction services delayed by a year, construction material price inflation is easing according to the latest BEIS data as demand for materials softens, Kier reports a £245m pre-tax loss in its results for the year to June 2019 as restructuring costs mount plus more news and data from across London and the UK

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Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: The Chancellor promises an "infrastructure spending revolution"

The Chancellor promises an "infrastructure spending revolution" in this autumn's National Infrastructure Strategy, Barratt has beaten a self-imposed target ahead of schedule, revealing that 20% of its homes were built using MMC, August's PMI shows a sharp reduction in new work as activity in the UK construction sector contracts for a fourth consecutive month

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Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: The City of London Corporation publishes the UK’s first wind microclimate guidelines

The City of London Corporation publishes the UK’s first wind microclimate guidelines for new development proposals in the Square Mile, public other new work suffers the most as the latest construction output figures show a 1.3% decline in Q2 2019, the government lowers its 95% prompt payment target on contractor invoice payments plus more news and data from across London and the UK

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Urie Michael Gtmi
By Michael Urie

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

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Urie Michael Gtmi
By Michael Urie

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%).

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Urie Michael Gtmi
By Michael Urie

Market Research Bulletin: Iron ore surge aided by supply disruptions and stronger-than-expected demand

Iron ore surges 60% aided by supply disruptions and stronger-than-expected demand from China’s vast steel industry, L&G’s enters into £4bn partnership with the University of Oxford to deliver thousands of homes and construction minister considers restricting the use of retentions in a bid to crack down on poor payment practices

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Urie Michael Gtmi
By Michael Urie

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.

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