
Savills Build: Perspective
Contains 8 articles"Construction sentiment belies wider economic indicators"
Tagged Articles

"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."

"Savills European Research: key property themes that will impact the European real estate sector in 2023 and investment opportunities for core, value-add and opportunistic investors"

"Savills India’s latest report, Construction Cost Guide | Industrial and Logistics, looks to understand market trends and presents an overview of macroeconomic indicators, price trends, building specifications, approval processes, timelines and construction costs of manufacturing and warehousing assets across eight major markets in India. "

"Perfect storm for costs and timescales"

"Short term market support and investment for levelling Up ."