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The JLL and Glenigan UK Commercial Construction Activity Index – Q4 2017

Overall construction increased for the second consecutive quarter, halting the sharp decline seen since mid-2015.


Despite the recent uptick, activity remains slightly down on this time last year.  Total construction is lower than in the 12 months to Q4 2016, with new build activity also down.  In addition, we are still seeing a significant reduction in construction activity over the longer term, with total construction lower than at the end of 2014 and 2015. However, it appears that activity bottomed out in the immediate aftermath of the EU referendum in 2016 and we have now seen a return to modest growth.


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 | 804416