Commercial Office Construction Market Report UK 2019-2023 – New Report from AMA

The 6th edition of the ‘Commercial Office Construction Market Report – UK 2019-2023’ focuses on construction activity within the UK Commercial Office Market against a backdrop …..

….. of continued economic uncertainty surrounding Brexit.

Key issues covered in the report include:

• Structure and size of the UK Commercial Office sector in both London and in key regional cities including Birmingham, Bristol, Cardiff, Edinburgh, Glasgow, Southampton and Northern Powerhouse cities of Leeds, Liverpool, Manchester and Newcastle.
• Analysis of key drivers of office activity across London and the Regions including: Take-up, Availability and Supply, Prime Office Rents.
• Analysis of key end-use sectors in the office market, e.g. Professional services and TMT sectors, Government and public sectors.
• In-depth analysis of the London Office Market, focusing on activity in the City, the West End, Docklands/East and key emerging office markets such as Kings Cross, Southbank, Vauxhall-Nine Elms & Battersea (VNEB), White City and Stratford.
  Analysis of high rise office development and key schemes.
• Detailed review of major construction and fit-out contractors and architects involved in commercial office sector construction – overview of contractor capability and contract experience.
• Key Developers and Investors in the commercial office market – overview of commercial office portfolios and development pipelines.
• Analysis of Construction output in the commercial office sector with estimated forecasts over the next few years to 2023.

Areas of particular interest include:

• Analysis of the impact of Brexit on the commercial office market, with demand for office space from the banking/financial sectors weakening in Central London. Brexit uncertainty has also impacted on developer willingness to invest in large projects with speculative development rates slowing.
• Regional development trends, the shortage of Grade A office space in some major cities and an overview of major developments.
• A review of the key issues affecting the commercial office market including: Planning Issues; the London Plan; Permitted Development Rights (PDR); impact of Business Rates Revaluation in 2021 on office rents; the impact of Transport Infrastructure schemes on office development; sustainability in office design; office construction costs; and modern methods of construction.

The Commercial Office Construction Market Report – UK 2019-2023 is available now and can be ordered here.