
Savills Build: Perspective
Contains 8 articles"Increased uncertainty weighs on the construction market"
Tagged Articles

"Increased uncertainty weighs on the construction market"

"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"

"Market conditions are set fair, indicating early-stage recovery; however, US policy on tariffs sees a moment of reflection from both buyers and sellers"

"A slowly improving but fragile economic situation should support the recovery in the investment market, while there are signs that the occupiers market may be reawakening"

"Welcome to the 8th annual Future Space report from Tritax Big Box and Savills, conducted by research partner Analytiqa."

"Market conditions viewed as slightly improved, but occupiers continue to face diverse and evolving operational challenges"

"Drivers of demand are multifactorial. Business growth is important, but is not the whole story"

"Supply chain evolution ongoing – with technological adoption, ESG, and power availability at the forefront"

"Investors cautiously optimistic, and well-aligned with occupiers"

"Developers optimistic and remain focused on power availability and ongoing supply-side barriers"