Tag: forecasts

Turner & Townsend has forecast that real estate tender price inflation (TPI) will settle to 3.5% in 2023 before falling to 2.5% through 2024. For infrastructure, TPI is anticipated to be 5.5% over 2023 and soften slightly to 5.0% through 2024. Infrastructure tender price is...

Low on fuel...Arcadis predicts tender price inflation of 10% for building work and 12% for infrastructure in 2022. This is precisely double what it was saying six months ago. Even as recently as June it was forecasting ‘only’ 10% inflation for infrastructure work. Arcadis has...

British Land chief executive Simon CarterHaving lost more than £1bn after Covid-19 arrived in the UK, British Land has bounced back, making £960m profit after tax for the year to 31st March 2022. Chief executive Simon Carter said that current economic volatility could benefit property...

Private house-building output is forecast to grow by just 1% this year and nextIn its latest quarterly report, the Construction Products Association (CPA) predicts a dramatic slowing in growth as global issues, including wear in Europe, start to affect the UK market. In any other...