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International cost comparison 2022
The latest trends in international construction costs as markets around the globe adjust to post-covid recovery, the Ukraine war and other factors
Market forecast: The costs of uncertainty
Output is levelling off as the Ukraine war and Chinese covid lockdowns hit confidence. Meanwhile, the same factors are adding inflationary pressures
Market forecast: Inflation bites
As output rebounds, building costs are soaring at double-digit rates thanks to a variety of inflationary pressures, sending tender prices upwards
Market forecast: On the up and up
Acute inflation in the sector is pushing up tender prices, and with no end in sight to the pressures, this could continue well beyond 2022
Market forecast: Bouncing back
Rising demand and tightening supply are driving up both costs and tender prices. How much of this is just a spike rather than an underlying upward economic trend?
Market forecast: High hopes
While sentiment is high for a recovery, new orders are not fully mirroring this optimism, and a supply crunch is hitting the materials chain hard
Market forecast: Uncertainty looms
There are signs of an increase in output, but ongoing uncertainty around covid lockdowns and Brexit red tape make the future harder to predict
Market forecast: A slow recovery
Construction output and sentiment have regained much ground after their collapse amid the initial lockdown, but ongoing uncertainty means recovery is wobbly
Lead times: July–September 2020
No changes were seen in lead times this quarter, as availability issues with materials and labour caused by the pandemic were balanced out by falling demand related to Brexit
Market forecast: Rising, but for how long?
While the initial bounce-back looks to be V-shaped, there are strong reasons to believe that could change in the medium term as downside risks materialise
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International cost comparison 2022
The latest trends in international construction costs as markets around the globe adjust to post-covid recovery, the Ukraine war and other factors
Cost model: Impact of building regulation changes
Changes this June to the Building Regulations Parts L and F will raise standards on decarbonisation and ventilation. What are the cost implications?
Cost model: High-rise residential
Residential towers are on the rise again as the industry addresses sustainability, fire and overheating issues
Cost model: Low carbon frames
Structural frames are one of the biggest contributors to embodied carbon, but issues with data quality have made tackling this difficult – until now
Cost model: Office fit-out
Workplace requirements have been shaken up in the past two years – but have office fit-outs evolved in line with the new normal?
Cost model: Sports stadiums
More sports clubs are looking to diversify their stadium offer to improve their revenue streams and operating position, particularly in smaller developments
Cost model: Regional science parks
The UK needs 10 times more laboratory space just to meet current demand, and the life sciences sector is growing exponentially – a strong market opportunity for developers and investors. Aecom’s Alison Wring walks us through the factors influencing cost and design in this innovative sector
Cost model: Net zero homes
As net zero carbon becomes a guiding principle across all new buildings but with so many design and construction issues yet to be solved or standardised, creating housing stock is a challenge, explains Aecom’s Rob Mills
Procurement in an inflationary market
With some materials prices going through the roof, inflation has become the hot topic for 2021. Simon Rawlinson of Arcadis examines what is causing the problem and what mitigation options clients have
