Build perspective

"How real estate is adapting to demand in the science sector"

"Rising costs, falling enrolments"

"The office pipeline in Central London is expanding"

"Cost pressures ease but search for viability continues"

"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."

"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"