2025 branded a ‘disappointing year’ for construction
Original Article Summary
Last year proved a disappointing one for the construction industry, as the value of new projects dropped by a fifth (20%), data from insights firm Glenigan has found. There was also a 11% decline in main contract awards year-on-year, and an 8% annual fall in planning approvals. Glenigan blamed the slowdown on domestic socioeconomic uncertainty […] The post 2025 branded a ‘disappointing year’ for construction appeared first on PropertyWire.
PropMatch Curated Analysis
UK construction activity fell 20% in 2025 due to policy uncertainty and high interest rates, but residential construction is forecast to recover 6% in 2026 with rate cuts and government housing programs.
Investor Relevance
Critical for understanding new build supply constraints, development opportunity timing, and market recovery signals that affect acquisition strategies, development financing, and portfolio planning decisions.
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