The latest results from Davis Langdon’s construction sentiment survey suggest that a strong resurgence in the property and
construction industry is unlikely over the course of the next year; an effect
that will likely be compounded by recent global market shocks adding to the
sense of investor unease.
construction industry is unlikely over the course of the next year; an effect
that will likely be compounded by recent global market shocks adding to the
sense of investor unease.
Davis
Langdon’s projections show sustainability ranked number one in terms of
opportunities for the industry over the next five years. Idealistic sentiments
were paired with the necessity of real-world practicalities, including the
ability to promote the long term cost and benefits of a sustainable built
environment.
Langdon’s projections show sustainability ranked number one in terms of
opportunities for the industry over the next five years. Idealistic sentiments
were paired with the necessity of real-world practicalities, including the
ability to promote the long term cost and benefits of a sustainable built
environment.
Further
prominent risks for industry confidence include the effects of further upheaval
in global markets – a very real risk given recent local and overseas
volatility. Respondents also identified the ongoing struggle the industry faces
with financing projects – which is not expected to disappear anytime soon as
the financing environment forms a ‘new norm’ post-crisis.
prominent risks for industry confidence include the effects of further upheaval
in global markets – a very real risk given recent local and overseas
volatility. Respondents also identified the ongoing struggle the industry faces
with financing projects – which is not expected to disappear anytime soon as
the financing environment forms a ‘new norm’ post-crisis.
Key findings from the report:
- A strong resurgence is unlikely in the property and
construction industry over the next 6 to 12 months - Skills shortages and cost concerns are re-emerging
but finance remains the number one industry obstacle - Sustainability was ranked the number one opportunity
for the industry over the next five years as respondents advocated pragmatic
and long term thinking - Risks faced by the industry include failing to adapt
to a carbon constrained future, financing difficulties and ongoing stress in
global economies
View the full report on Davis Langdon’s site here.