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The JLL and Glenigan UK Commercial Construction Activity Index – Q2 2015

The regional picture over the second quarter shows Scotland and the North West in particular are beginning to see a resurgence in new construction activity. Growth in Scotland increased by 17.6%, the North West by 16.8%, and the West Midlands followed suit with an increase of 9.0%. This implies that the major urban centres outside London – Greater Manchester, the Birmingham conurbation and Scotland’s central belt – are beginning to see the bounce back that had previously been concentrated in the South East. London however still represents around a quarter of all UK construction activity, and while the South East was relatively flat in construction terms, the East of England saw an increase of 23.0% - the single strongest increase in the regions.

The full report highlights:
• How much construction activity has picked up over the past quarter
• The increases and decreases across the UK
• The movement across different sectors including industrial, offices, retail, hotels, education, medical and community
•  Construction volumes by new build or refurbishment
• A construction costs and procurement update

JLL are pleased to partner with Glenigan to write and publish this paper.

Please fill out the form to download the report.

pdf | 787645