Construction unattractive to City investors, says Wates boss

By Jordan Marshall2019-07-05T05:00:00

Stephen Beechey says sector has too many outdated practice

Poor margins and a bad reputation are deterring City investors from investing in construction, according to Wates' group strategy director.

Speaking at yesterday’s Building Live Club event Stephen Beechey said investors were shying away from construction in the wake of ongoing struggles.

He said: "This sector is very unattractive to the City at the moment.

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