Contractors are bracing for rising costs over the next 12 months but order books continue to grow, according to Turner & Townsend’s latest market intelligence report.
Construction of new offices will plunge by 10 per cent this year and 20 per cent in 2019, according to the latest forecasts from the Construction Products Association.
Output at risk of first decline since 2012Subscription
Single-stage deals on the rise as market coolsSubscription
Manchester leads offices and residential boomSubscription
Two-thirds of firms 'have no Brexit plan'Subscription
CITB lowers five-year output growth forecastSubscription
Margin squeeze forecast for 2018 in RICS surveySubscription