
Savills Build: Perspective
Contains 8 articles"Index heads back to trend, but wider pressures remain"
Tagged Articles

"Index heads back to trend, but wider pressures remain"

"Refurbishment as a route to investing in PBSA. How can investors unlock the opportunity?"
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"Bridging the viability gap: how the UK Living sector can adapt and deliver"

"Geopolitical risk sees build cost sentiment push out"

"Construction sentiment belies wider economic indicators"

"Refurbishment rising amid delivery and planning strains"

"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"
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"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."

"Increased uncertainty weighs on the construction market"
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"Construction costs for a data centre increased by 6.5%, reaching an average of $9.1m per MW (€8.4m) across Europe. Zurich is still the most expensive market in Europe."