Whilst debate rages over longer-term solutions to the shortage of homes, a plentiful supply of new construction work is set to come from Build to Rent (BtR) housing contracts in the short and medium term.
Growing demand from businesses for new warehousing and logistics space is set to drive a marked revival in industrial construction activity during 2024 and beyond.
A recent revival in detailed planning approvals on major new offices and large hotel/leisure schemes bodes well for future construction work pipelines across a series of cities and regions, particularly London, Manchester, and Yorkshire & Humberside.
Recent confirmation by Warner Brothers that it is going ahead with a major expansion of its film studios near Watford has put the significant amount of construction work being created by the screen sector in the spotlight.
A marked upturn in detailed planning approvals over the summer provides useful pointers to key sectors across the industry where new work opportunities will be strongest in the year ahead.
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