QUICK LINKS… Major announcements DECEMBER 2017 Brought to you by… Construction headlines
About Us Detailed sector analysis
Economic Context
The Construction Sector
Residential
Infrastructure
Commercial & Retail
Hotel, Leisure & Sport
Industrial IN THIS DECEMBER ISSUE… Medical & Health
Education Construction contracts reached a total of £7.4 billion READ MORE Yorkshire & Humber led all regions with 38% of all contract value READ MORE Infrastructure contracts had a yearly increase of 176.6% compared Hinderton Point, Lloyd Drive, to November 2016 Cheshire Oaks, Cheshire, CH65 9HQ READ MORE T: 0151 353 3500 E: [email protected] FULL VERSION · AVAILABLE TO BARBOUR ABI CUSTOMERS, BUILDING AND BD SUBSCRIBERS ONLY W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 ABOUT US… Specialist provider of DECEMBER 2017 construction intelligence
About Us
Economic Context Bespoke Research & Intelligence Market Insight The Construction Sector 2/ ,+,*&01& % ") )),ƛ"/0 "0-,(" Designed as the next level of analysis to our monthly research and tailored analysis as well as providing ,+,*& ǔ,+01/2 1&,+ /("1"3&"4Ǿ1%&0#2))6 Residential consultations and speaking at industry events. interactive quarterly tool allows you to compare Barbour ABI is a leading provider of ,+,*&01& % ") ))Ǿ4,/(04&1% 201,*"/01, sector and regional construction data easily and construction intelligence services. With a Infrastructure ,ƛ"/ "0-,("/"0" / % +!1 &),/"! + )60&00-" &Ɯ "ƛ" 1&3")6ǽ%&01,,)$&3"06,2!""-"/ + )60&0 +! team of in-house research specialists and for your individual business. He currently provides intelligence on the construction market, allowing you a dedicated lead economist, it provides Commercial & Retail consultations, detailed research as well as attend and your company to forecast trends and aid in your commercially relevant insight and unique speaking events, speaking on topics related to your business planning. analysis of trends and developments within the Hotel, Leisure & Sport individual business needs. ,)" /+*,/" ,21 /("1 +0&$%1 +!1,!,4+), ! building and construction industry. Barbour your copy, click on the button below. Additionally, ABI is the chosen provider of industry data and
Industrial to register your interest in our bespoke construction indicators for Government bodies including intelligence and tailored analysis please register your 1%"ƛ& "#,/ 1&,+ )1 1&01& 0 +!1%" interest by selecting the tick box in the enquiry form. Government’s Construction and Infrastructure Medical & Health Pipeline, which outlines future construction and infrastructure projects where public Education Michael Dall & % ")&0 / ,2/ ȉ0" ! ,+,*&010-" & )&0&+$ DOWNLOAD METHODOLOGY DOWNLOAD MARKET INSIGHT funding is agreed. Barbour ABI also provides in construction and the built environment. He data for independent organisations, such as the leads on Barbour ABI’s research and outputs on Construction Products Association. the construction sector assessing the trends and Barbour ABI is part of global events-led Partner of the Infrastructure and Projects Chosen provider of Construction New Orders !"3"),-*"+104%& %&*- 12-,+&1ǽ& % ")&0 )0, Authority in providing the National estimates to the ONS and communal dwellings data marketing services and communications a regular contributor to Building magazine, sits on Infrastructure and Construction Pipeline ,*- +6Ǿǽ the current CPA Forecasting Panel as well as being frequently noted in construction trade and the Hinderton Point, Lloyd Drive, Cheshire Oaks, national press. Cheshire, CH65 9HQ To contact Michael either: T: 0151 353 3500 T: 020 7560 4141 E: [email protected] Hinderton Point, Lloyd Drive, E: [email protected] W: www.barbour-abi.com Cheshire Oaks, Cheshire, CH65 9HQ ȯ& % ") )) @BarbourABI T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 ECONOMIC CONTEXT… Budget delivers spending 1.4% Forecast for DECEMBER 2017 GDP growth boost to housing in 2018
About Us
Economic Context The UK Budget was delivered in the last month with money for infrastructure increased The Construction Sector 21" ,+,*& #,/" 0100&$+&Ɯ +1)6!,4+$/ !"!ǽ
Residential %"2!$"14 0!")&3"/"!1%&0*,+1%4%& %0"1 1 economy received the biggest downgrade since the was also downgraded to 1.4%, from 1.6% in its Inflation its heart a series of measures to raise productivity #&+ + & ) /&0&0&+!& 1&+$0,*"!&ƛ& 2)16" /0 %" ! previous forecast. Further downward revisions were %"# ))&+1%"3 )2",#1"/)&+$0&+ "1%"/"5&13,1" Infrastructure 4&1%&+1%"" ,+,*6ǽ 1 )0,* ',/"!,+*" 02/"0 should the forecasts be correct. made to the forecasts in 2019 and 2020. Growth % 0)"!1, -"/&,!,#%&$%"/&+#) 1&,+&+1%"ǽ 1,0,)3"1%"ȉ0%,20&+$ /&0&0&+ )2!&+$ 2101,1%" is forecast to 1.3% in 2019, down from 1.7% in the From a rate of 0.7% in 2016 inflation is predicted to Commercial & Retail 1 *-216 +! 5țȜ#,/#&/011&*" 26"/0 0 UK GDP / %#&$2/"0 +!&1&0-/"!& 1"!1, "ǖǽǘʢ $ &+ peak at 2.7% in 2017, however that is up from 2.4% well as a series of reforms to the planning system. %"ȉ02-! 1"!" ,+,*& #,/" 010#,/1%" &+ǗǕǗǕǾ!,4+#/,*ǖǽǞʢ&+1%" / %"01&* 1"ǽ &+1%"-/"3&,20#,/" 010&+ / %ț0""#&$ǽǖǽǗȜǽ%" Hotel, Leisure & Sport However, the main headlines were attributed to 0%,41% 1 $/,41%&0+,4"01&* 1"!1, Growth is expected to recover to 1.5% in 2021 and -/"!& 11% 1&+#) 1&,+4&))/" "!"1,ǗǽǙʢ&+ 1%"!"1"/&,/ 1&+$" ,+,*& #,/" 010#,/1%" be 1.5% in 2017, which was down from the 2% 1.6% in 2022 but that 2021 figure is a downgrade ǗǕǖǝǾ1%,2$%1% 1&0%&$%"/1% +1%"Ǘǽǘʢ#,/" 01&+
Industrial " ,+,*6&+#212/"6" /0ǽ%",21),,(#,/1%" -/"!& 1"!&+ / %ț0""#&$ǽǖǽǖȜǽ%"#&$2/"#,/ǗǕǖǝ from 2%. its previous publication. Looking out to the end of the forecast period it is predicted that the inflation rate will be 2% in 2021, which is a year later than Medical & Health GDP 2016 2017 2018 2019 2020 2021 2022 Average Earnings 2016 2017 2018 2019 2020 2021 2022 -/"!& 1"!&+ / %ǽ Budget 2017 1.5 1.5 1.4 1.3 1.3 1.5 1.6 Budget 2017 Ǘǽǝ 2.3 2.3 2.3 2.6 3.0 3.1 Education / %ǗǕǖǜ ǖǽǝ 2.0 1.6 1.7 1.9 2.0 - / %ǗǕǖǜ 2.2 2.6 2.7 3.0 3.4 3.6 ~ Average Earnings One of the major implications of the higher level of inflation is a fall in real wages. If average earnings ECONOMIC CONTEXT 1.1 ECONOMIC CONTEXT 1.3 growth is lower than consumer price inflation then UK GDP | ,2/ "ǿ Average Earnings | ,2/ "ǿ /" )4 $"0 /"# ))&+$ǽ+!Ǿ ,/!&+$1,1%"Ǿ average earnings will grow by 2.3% in 2017 compared 1, +&+#) 1&,+/ 1",#Ǘǽǜʢț0""#&$ǽǖǽǘȜǽ +ǗǕǖǝ1%" ț +Ɲ 1&,+Ȝ 2016 2017 2018 2019 2020 2021 2022 Unemployment Rate 2016 2017 2018 2019 2020 2021 2022 rate of growth in average earnings is forecast to be Budget 2017 0.7 2.7 2.4 1.9 2.0 2.0 2.0 Budget 2017 4.9 4.4 4.3 4.4 4.6 4.6 4.6 Ǘǽǘʢ4%& %&001&)) "),41%"/ 1",#&+#) 1&,+ǽ%" / %ǗǕǖǜ 0.7 2.4 2.3 2.0 2.0 2.0 ~ / %ǗǕǖǜ 4.9 4.9 5.1 5.2 5.2 5.1 ~ rate of 2.3% is estimated to remain in 2019, but by that time inflation will have fallen to a level that real Hinderton Point, Lloyd Drive, ECONOMIC CONTEXT 1.2 ECONOMIC CONTEXT 1.4 wages will start to grow. Average earnings are then Cheshire Oaks, Cheshire, CH65 9HQ set to accelerate to 2.6% in 2020, down from 3.4% in ț +Ɲ 1&,+Ȝ | ,2/ "ǿ Unemployment Rate | ,2/ "ǿ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 ECONOMIC CONTEXT… Budget delivers spending boost to housing
/ %ǽ+!&+ǗǕǗǖ 3"/ $"" /+&+$0$/,41%&00"1 Outlook to reach 3.0%, a decrease from the 3.6% forecast in %"#&0 )&*- 1,#1%"0" % +$"01,1%"" ,+,*& The Budget Overview / %ǽ &+ ))6 6ǗǕǗǗ1%" 3"/ $"" /+&+$0$/,41% outlook was an improvement in the short term but %"* +6-,)& 6*" 02/"0#,/ ,+01/2 1&,+ ++,2+ "!&+1%"01 1"*"+1&+ )2!"!ǿ rate will be 3.1%. !"1"/&,/ 1&,+&+1%"),+$1"/*ǽ%&)"&+ / %&1 was estimated that the government would borrow £15.3bn additional spending for Funding includes a £1.1bn Land DECEMBER 2017 Unemployment ʐǚǝǽǘ &))&,+&+ǗǕǖǜȒǖǝǾ&1&0+,4"01&* 1"!1, housing, meaning £44bn to be spent Assembly Fund and £2.7bn for the +)&("*,01,1%"/* /," ,+,*& &+!& 1,/01%" % 3" ,//,4&+$/".2&/"*"+1,#ʐǙǞǽǞ &))&,+ț0"" &+1,1 ),3"/1%"+"51Ɯ3"6" /0 Housing Infrastructure fund unemployment forecasts improved in this Budget, #&$ǽǖǽǚȜǽ&*&) /)6Ǿ&+ǗǕǖǝȒǖǞ ,//,4&+$&0#,/" 01 About Us /"#)" 1&+$1%"3&"41% 11%") ,2/* /("1 1, "ʐǘǞǽǚ &))&,+ ,*- /"!1, ʐǙǕǽǝ &))&,+ Review by Oliver Letwin of reasons Help for small builders including /"* &+0/, 201ǽ%"2+"*-),6*"+1/ 1"% 0 ""+ /".2&/"*"+1&+ / %ǽ ,4"3"/Ǿ ,//,4&+$ why planning permission not £630m for the remediation of small Economic Context the consistently strongest performing economic is now forecast to be £34.7 billion in 2019-20 implemented sites and £8bn of guarantees to &+!& 1,/&+1%" +!1%&0),,(00"11, ,+1&+2"ǽ 4%"+&14 00"11, "ʐǗǖǽǙ &))&,+&+1%" / % underwrite loans The Construction Sector +"*-),6*"+1&0+,4#,/" 011, "ǙǽǙʢ&+ #,/" 010ǽ% 1- 11"/+ ,+1&+2"0&+1,ǗǕǗǕȒǗǖ4&1% Planning reforms including ,*- /"!1,ǙǽǞʢ&+ / %ǽ 1&01%"+#,/" 011,# )) ,//,4&+$#,/" 011, "ʐǘǗǽǝ &))&,+ ,*- /"!1, strengthening the proposed Housing 1 *-!216 ,)&0%"!#,/Ɯ/011&*" Residential 1,Ǚǽǘʢ&+ǗǕǖǝǾ/"3&0"!#/,*ǚǽǖʢ 11%"2!$"1&+ ʐǖǛǽǝ &))&,+&+1%" / %!, 2*"+1ǽ Delivery Test and minimum densities buyers on properties up to £300,000 / %ț0""#&$ǽǖǽǙȜǽ+"*-),6*"+1&0-/"!& 1"!1, for urban areas in value Infrastructure rise slightly to 4.4% in 2019, but the corresponding #&$2/"&+ / %4 0ǚǽǗʢǽ 1&01%"+#,/" 011, 2--,/1#,/Ɯ3" /!"+,4+0&+ £1bn of further borrowing headroom Commercial & Retail reach 4.6% in 2020 and stay at that level until 2022, the South-east with New Town for councils to invest in building the end of the forecast window. Once again this is Corporation powers ƛ,/! )"%,*"0ǽ Hotel, Leisure & Sport much lower than the 5.2% predicted in the previous iteration of the figures.
Industrial Other Key Points
60 Medical & Health £8bn expansion fo the £23bn National £1.7bn transport fund for city regions Productivity Investment Fund and second devolution deal for the 50 West Midlands Education £65m to support a National 40 Retraining Scheme, which will focus £2bn for Scottish government, £1.2bn on parts of the economy facing skills for Welsh government and £650m for 30 shortages, such as construction Northern Ireland executive
20 £28m for Kensington and Chelsea Further £3.5bn of capital funding for council to pay for local support NHS to move towards £10bn capital 10 ■ Public sector net including a new community space investment fund for hospital called borrowing, £ bn March ■ Public sector net and regeneration of the Lancaster for in Naylor Review. 0 borrowing, £ bn November West Estate 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Hinderton Point, Lloyd Drive, ECONOMIC CONTEXT 1.5 £320m to be invested in former Cheshire Oaks, Cheshire, CH65 9HQ Redcar steelworks site Public Sector Net Borrowing | ,2/ "ǿ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 THE CONSTRUCTION SECTOR… Growth trend for contract 34.6% Increase in DECEMBER 2017 activity from 4 /!0/"12/+0&+,3"* "/ November 2016
About Us
Economic Context "4 ,+01/2 1&,+ ,+1/ 10 4 /!"!&+ /" 0"! 6ǚʢ&+,3"* "/ǗǕǖǜ/" %&+$ʐǜǽǙ &))&,+Ǿ The Construction Sector ǘǚʢ%&$%"/1% +,3"* "/ǗǕǖǛǽ
Residential %") 1"01#&$2/"0#/,*1%"&+!& 1"1%" declines in the second and third quarters of 2017. industry growing by 0.4% in the three months to 5% increase on October and is 34.6% higher than ,+01/2 1&,+0" 1,/&+1%"!" )&+"! 6ǖǽǜʢ %"# ))04"/") /$")6 11/& 21"!1,!" )&+"0&+/"- &/ October compared to the previous three months. ,3"* "/ǗǕǖǛǽ%"/" "+12-4 /!1/"+!#,/1%" Infrastructure in October compared to September. Comparing and maintenance work in housing and non-housing Infrastructure also declined over the three months +2* "/,# ,+01/2 1&,+-/,'" 10&+1%" )0, output levels in the three months to October with the 0" 1,/0ǽ,1 )/"- &/ +!* &+1"+ + "!" )&+"! 6 to October, falling by 0.3%. It is higher than this ,+1&+2"!Ǿ4&1%! 1 #,/,3"* "/0%,4&+$ǝǽǘʢ Commercial & Retail previous three months also showed a decrease of 3% in the three months to October, with housing time last year though with October 2017 figures increase on October, which was also 7.4% higher ǖǽǙʢț0""#&$ǽǗǽǖȜǽ%&0),+$"/1"/*# ))!"*,+01/ 1&+$ /"- &/ +!* &+1"+ + "# ))&+$ 6ǘǽǖʢǽ"4-/&3 1" 5.7% higher than October 2016 figures. Private 1% +,3"* "/ǗǕǖǛǽ Hotel, Leisure & Sport +&+!201/61% 1&0 ,+1&+2&+$1,0),4"3"+ ƞ"/ housing remains a bright spark however within the industrial is another sector that is performing well 4&1%,21-21ǜǽǝʢ%&$%"/&+1%"1%/""*,+1%01, Projects by Region Industrial % change October 2017 compared to the three months earlier. "$&,+ + )60&0&+!& 1"01% 1 ,/(0%&/"ǔ 3 months to Oct 2017 Oct 2016 – Oct 2017 Output in October 2017 alone was 5.7% higher than Humberside was the leading region for contract October 2016. 4 /!0&+,3"* "/4&1%ǘǝʢ,#1%"1,1 )ǽ Medical & Health Total All Work -1.4 -0.2 All New Work -0.6 1.2 %&04 0#,)),4"! 61%",/1%"014&1%ǖǚʢ of contract awards with both London and the Education Public Housing 3.3 14.2 Construction Sector %" / ,2/ ! 1 ,+ )) ,+1/ 1 1&3&16 ,21% 01 ,1% ,2+1&+$#,/ǖǕʢ0% /"ț0"" Private Housing 0.4 2.7 indicated that the recent upturn in construction #&$ǽǗǽǗȜǽ%"%&$%"013 )2" ,+1/ 1 4 /!"!&+ Infrastructure -0.3 5.7 )"3")0 ,+1&+2"!&+1,,3"* "/ǗǕǖǜ4&1%3 )2",# ,3"* "/4 01%"ʐǗǽǗǚ &))&,+/ +0"++&+" 2 )& ț"5 +#/ 01/2 12/"Ȝ -1.2 -7.2 new contracts awarded at £7.4 billion, based on a -$/ !"#/,*1 )6 /&!$"1,""!04%& % Private Industrial ǜǽǝ 5.0 1%/""*,+1%/,))&+$ 3"/ $"ț0""#&$ǽǗǽǘȜǽ%&0&0 will involve electrification of the railway and Private Commercial -3.5 -2.7 Repair & Maintenance -3.0 -2.7 Public Housing -5.3 Ȓǜǽǝ Private Housing -3.1 2.9 3"/ )) ,+01/2 1&,+ ,+1/ 13 )2"4 0ʐǜǽǙ &))&,+&+,3"* "/Ǿ/" %&+$&10 ,+Ȓ ,20&+$ -2.3 -5.5 %&$%"01*,+1%)6Ɯ$2/"#,/14,6" /0Ǿ%")-"!) /$")6 61%"* ',/ʐǗǽǗǚ &))&,+ Hinderton Point, Lloyd Drive, / +0"++&+"-$/ !"#/,*1 )6 /&!$"1,""!0ǽ CONSTRUCTION SECTOR 2.1 Cheshire Oaks, Cheshire, CH65 9HQ Construction activity by sector | ,2/ "ǿ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 CONSTRUCTION SECTOR… /,41%1/"+!#,/ ,+1/ 1 4 /!0/"12/+0&+,3"* "/
other improvements to capacity, journey time, Types of Project -/,3&!"ǙǖǙ/"0&!"+1& )2+&10ǽ%") /$"01"!2 1&,+ &+1"/ % +$"0 +!/")& &)&16ǽ +1%",/1%"01Ǿ1%" Infrastructure projects accounted for the highest ,+1/ 1 4 /!4 01%"ʐǘǛ*&))&,+"4211,+ £60 million development at Gore Street, Salford 0% /",# ,+1/ 1 4 /!03 )2"0&+,3"* "/4&1% Passivhaus secondary school which involved the 26 will see the development of 221 flats, a 20-storey 47% share, followed by residential with 26% and building of a new secondary school and sixth form hotel, commercial units and 13 townhouses. "!2 1&,+4&1%ǖǕʢț0""#&$ǽǗǽǙȜǽ%"!,*&+ +1 centre. Another significant education contract was DECEMBER 2017 %") /$"01 ,+1/ 1&+,+!,+4 0#,/1%" -,0&1&,+,#&+#/ 01/2 12/"&+,3"* "/4 0 the £30 million Green School in Isleworth which 47 ʐǝǘ*&))&,+"++6 /,,(!"3"),-*"+1 11%" 2+!"/-&++"! 61%"ʐǗǽǗǚ &))&,+/ +0"++&+" involved building a new school on the site of the )6*-& /(1,-/,3&!"ǘǝǛ%,1") "!0- "0&+ -$/ !" 214&1%,1%"/+,1 )"&+#/ 01/2 12/" #,/*"/,,! /&!$" /(!2 1&,+"+1/"ǽ % 5 About Us 2 new developments, as well as commercial and contracts including the £76.2 million contract to retail space. A significant contract award in the replace 62 escalators on the Jubilee Line and the 5 Economic Context ,21% 014 01%"ʐǗǛ*&))&,+ ,+1/ 11,-/,3&!" ʐǙǝǽǞ*&))&,+%&$%4 60-/,'" 1 1,/1%01,4"&+ 5 260 residential units on a 6.7 hectare site at Burford * /&!$"0%&/"ǽ%") /$"01/"0&!"+1& ) ,+1/ 1 1 The Construction Sector , !&+&1+"6ǽ award was for the £60 million Gore Street 10 development for 3 buildings of up to 15 storeys. Residential Medical & Health Residential In Birmingham, the £50 million redevelopment East Midlands Industrial Education of the Birmingham Battery site will provide East of England Commercial & Retail Infrastructure Infrastructure London student accommodation as well as retail and Hotel, Leisure & Sport North East ,ƛ& "0- "ǽ +1%",/1%"01Ǿ 0&$+&#& +1 CONSTRUCTION SECTOR 2.4 Commercial & Retail North West residential award was the £41.1 million Phase 3 Scotland Type of projects | Source: Barbour ABI 4% ,#1%",--"+% )) 01!"3"),-*"+1 1/"4"1, South East Hotel, Leisure & Sport South West Rank Project )2"țʐ*Ȝ Region Sector Wales 8000 1400 Transpennine Route Upgrade – Yorkshire & Civil Industrial West Midlands 1 2250 West of Leeds Humber Engineering Yorkshire & Humber 7000 1200 ,01, (+"/$6#/,* 01" &)&16 2% 2 300 ,/1%"01 1&)&1&"0 Medical & Health țǛǕ4Ȝ 15% 6000 Commercial 3 & 1,/& "+1/"Ȕ,/1%"/+51"+0&,+ 240 01&!) +!0 1000 ǔ"1 &) Education 38% + ""0,2/ "" ,3"/6 /(Ȕǘǚ 5000 4 130 ,/1%"01 Infrastructure Waste Facility 800 Number of Contracts Hotel 5 %""++6 /,,(Ȕ),1ǖǜ ,+"ǘ ǝǘ London 5% 4000 ǔ 1"/&+$ Value (£ million) (£ Value 5% 600 6 2 &)""&+"0 ) 1,/0Ȕ 76.2 London / +0-,/1 5% 3000 +&3"/0&16,#200"5Ȕ&#" &"+ "0 2% 7 70 ,21% 01 !2 1&,+ Building 10% 400 2000 ǝ Leamouth South – Orchard Place 62.6 London "0&!"+1& ) 10% 9 ,/"1/""1ȔǗǗǖƝ 10ǔ%,1") 60 ,/1%"01 "0&!"+1& ) 4% 200 1000 10 "))6 ("!"3"),-*"+1 50 "01&!) +!0 "0&!"+1& )
NDJ FMAMJ JASONDJ FMAMJ JASON 0 2015 2016 2017 0 Hinderton Point, Lloyd Drive, CONSTRUCTION SECTOR 2.2 CONSTRUCTION SECTOR 2.3 CONSTRUCTION SECTOR 2.5 Cheshire Oaks, Cheshire, CH65 9HQ Locations of contracts awarded Source: Barbour ABI Construction activity trends | Source: Barbour ABI Top ten biggest projects by value | Source: Barbour ABI T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 2.7 6.4 12.4 11.1
2.7
DECEMBER 2017 8.6 % 15 About Us 1.6 Economic Context 19.2
16 The Construction Sector RESIDENTIAL… 19.2% 4.2 East Midlands South East Residential South East tops East of England South West the regions this London Wales Infrastructure Decline continues for month North East West Midlands North West Yorkshire & Humber Commercial & Retail 1%"0" 1,/&+,3"* "/ Scotland Hotel, Leisure & Sport RESIDENTIAL 3.1 %/""*,+1%),40""/"0&!"+1& ) ,+1/ 10 4 /!"!/"!2 "1,ʐǖǽǛ &))&,+ Value of contracts by region Industrial &+,3"* "/Ǿ !" )&+",#Ǘǘʢ,+Ɯ$2/"0#,/,3"* "/ǗǕǖǛǽ Source: Barbour ABI
Medical & Health
3000 16000 Education "0&!"+1& ) 1&3&160%,4"!#2/1%"/!" )&+"&+ 14000
2500 showing rolling 3 month average units Residential ,3"* "/4&1%1%"3 )2",# ,+1/ 1 4 /!0 12000 decreasing to £1.6 billion, based on a three month Residential construction 2000 /,))&+$ 3"/ $"ț0""#&$ǽǘǽǗȜǽ%&0&0ǚǽǛʢ),4"/1% + contract value decreased for 10000 1, "/ +!ǗǘǽǙʢ),4"/1% +,3"* "/ǗǕǖǛǽ + the fourth month in a row 1500 8000 ,3"* "/Ǿ2+&1+2* "/0&+ /" 0"! 6Ǚǽǝʢ 0"! and down 23% compared 6000 on a three month rolling average but comparisons 1000 1,,3"* "/ǗǕǖǛǽ 4&1%,3"* "/ǗǕǖǛ0%,4!" /" 0",#ǚǽǗʢǽ%&)01 Decrease on 4000 1%"/"% 0 ""+0,*"2-)&ƞ#,/2+&1+2* "/0&+ showing rolling 3 month average million) (£ Value 500 November 2016 2000 ,3"* "/Ǿ ,+1/ 1 4 /!0)"3")0#,/1%"1%/"" NDJ FMAMJ JASONDJ FMAMJ JASON *,+1%-"/&,!"-1"* "/Ȕ,3"* "/ǗǕǖǜ% 3" 0 2015 2016 2017 0 Hinderton Point, Lloyd Drive, followed a downward trend and are significantly Source: Barbour ABI Cheshire Oaks, Cheshire, CH65 9HQ 23.4% below the previous quarter. RESIDENTIAL 3.2 T: 0151 353 3500 Project value showing 3 month moving average E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 RESIDENTIAL… " )&+" ,+1&+2"0#,/1%"0" 1,/&+,3"* "/
House prices #&$ǽǘǽǖǔǘǽǙȜǽ%"%&$%"013 )2"/"0&!"+1& ) ,+1/ 1 ǖǛǽǕʢǽ%" ,/"1/""1!"3"),-*"+1&+ )#,/!4 0 Types of projects %") 1"01%,20"-/& "&+!& "0#,/,3"* "/#/,* for the region was the £26 million development by the largest contract at £60 million and will provide "0&!"+1& ) ,+1/ 1 4 /!0&+,3"* "/4"/" Halifax show 0.5% growth on October but with 3&!&)0,+ ,*"0"/ & #,/1%" ,+01/2 1&,+ 221 flats and 13 town houses as part of a mixed again dominated by private housing which ǘǽǞʢ&+ /" 0"#/,*,3"* "/ǗǕǖǛǽ + !!&1&,+Ǿ1%" of 260 units on a 6.7 hectare site at Witney which used development which will also see the provision ,2+1"!#,/ǝǖʢ,# ,+1/ 1 4 /!0Ǿ +&+ /" 0" 1&,+4&!"/"-,/1"! ++2 )%,20"-/& "/&0"0 1 &0!2"1,01 /1&+ǖǗǕǖǝǽ + !!&1&,+Ǿ1%",/,1%6 of a 20 storey hotel and commercial units. Awarded ,#Ǘʢ,+,3"* "/ǗǕǖǛǽ%"+"51) /$"010" 1,/ DECEMBER 2017 Ǘǽǚʢ&+,3"* "//"* &+&+$ 11%"0 *")"3") 0 Wadham building at Wadham College in Oxford will 1,&/, "/1 )-&+"&*&1"!Ǿ1%"ǖǚ*,+1% was housing associations with 9% share, up 2% on 1, "/Ǿ%,4"3"/ 3"/ $"-/& "&+,3"* "/4 0 provide 11 flats and 117 student accommodation project is due for completion in April 2019. Also ,3"* "/ǗǕǖǛǾ4%&)01")!"/)6-"/0,+0ȡ %&)!/"+ȉ0 ʐǗǕǞǾǞǝǝ ,*- /"!1,ʐǗǖǖǾǕǝǚ#,/ 1, "/ǗǕǖǜǽ units. Valued at £24 million the project is estimated &+1%",/1%"01Ǿ 6),/&*-"6 /"!"3"),-&+$ homes was the only other significant sector at 7% About Us 1,1 ("ǗǙ*,+1%0Ǿ ,**"+ &+$&+,3"* "/ 414 residential units at Phase 3 of the Coppenhall ,# ,+1/ 1 4 /!0ț0""#&$ǽǘǽǘȜǽ Projects by region 2017, and has been awarded to Beard Limited and 01!"3"),-*"+1&+/"4"ǽ )2"! 1ʐǙǖǽǙ*&))&,+ Economic Context %",21% 01 ,2+1"!#,/1%") /$"010% /",# Gilbert-Ash Limited. the contract will see a mix of 2, 3, and 4 bedroom /"0&!"+1& ) ,+1/ 1 4 /!0&+,3"* "/ǗǕǖǜ 1 %"+"51) /$"01/"$&,+#,//"0&!"+1& ) ,+1/ 1 houses developed on a 12.1 hectare between The Construction Sector ǖǞǽǗʢǾ +&+ /" 0",#ǚǽǗʢ,+,3"* "/ǗǕǖǛț0"" 4 /!0#,/,3"* "/4 01%",/1%"014&1% +2 /6ǗǕǖǝ +! +2 /6ǗǕǗǚǽ
Residential 7 2 1 Private housing continued to dominate the Infrastructure 1 sector with 81% of the value in November, as 2% 9 Commercial & Retail the South West led all regions in November for Increase in private /"0&!"+1& ) ,+01/2 1&,+4&1%ǖǞǽǗʢ,#1%"1,1 )Ǿ housing contracts Hotel, Leisure & Sport % with the largest contract in that region being a compared to ǗǛǕ2+&1ǾʐǗǛ*&))&,+!"3"),-*"+1&+&1+"6ǽ November 2016 Industrial
Medical & Health RESIDENTIAL 3.4 81 % +$",# 1&3&16 6/"$&,+ț0&+ ",3ǗǕǖǛȜ | Source: Barbour ABI Education -0.2% 01&!) +!0 +5.2% ,21% 01 Private Housing -2.5% 01,#+$) +! +2.2% South West Housing Association
Local Authority -4.6% London ȒǕǽǝʢ Wales
Sheltered Housing -3.4% ,/1% 01 +1.4% "01&!) +!0
,01")0ȡ ))0,#"0ǽȡ // (0 +3.9% ,/1%"01 ʭǕǽǝʢ ,/(0%&/"ǔ 2* "/ Elderly Persons/ Childrens Homes -2.0% Scotland Arrows indicate change since November last year
Hinderton Point, Lloyd Drive, RESIDENTIAL 3.3 +5.2% Increase for South East Cheshire Oaks, Cheshire, CH65 9HQ Type of projects awarded Top Ten Source: Barbour ABI HOTTEST REGION compared to last year CLIENTS, ARCHITECTS, T: 0151 353 3500 CONTRACTORS & PROJECTS E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 RESIDENTIAL… " )&+" ,+1&+2"0#,/1%"0" 1,/&+,3"* "/
Rank Company Name Awards Value (£M) TOP TEN TOP TEN 1 Persimmon Homes Limited 153 2,112 2 Barratt Homes 135 2,082 Key Clients Projects Dec 2016 – Nov 2017 Contract awarded November 2017 3 Taylor Wimpey ǖǖǙ ǖǾǛǙǖ Ǚ Bellway Plc 98 1,103 DECEMBER 2017 5 Canary Wharf Group PLC 2 830 Value Rank PID Project Name (£M) Details 6 The Berkeley Group 30 ǜǛǙ LONDON Date: Sep 2017 – Sep 2021 7 Bloor Homes 39 757 1 12118197 Leamouth South – Orchard ǛǗǽǛ Funding: Private About Us Place Contractor: Ballymore Properties 8 Redrow Homes Limited ǙǗ 716 Date: Jan 2018 – Apr 2019 9 Battersea Power Station Development Company 1 700 NORTH WEST 2 12137838 60 Funding: Private Economic Context ,/"1/""1ȔǗǗǖƝ 10ǔ%,1") 10 Galliford Try Construction 31 657 Contractor: Sir Robert McAlpine Limited
WEST MIDLANDS Date: Oct 2017 – Oct 2019 The Construction Sector 3 ǖǕǞǙǝǕǜǖ 50 Funding: Private Selly Oak Redevelopment Contractor: Interserve Construction Limited Rank Company Name Awards Value (£M) TOP TEN NORTH WEST Date: Jan 2018 – Jan 2025 Residential 1 Foster & Partners 2 1,500 Ǚ 12319139 Coppenhall East, Stoneley – ǙǖǽǙ Funding: Private 2 Persimmon Homes Limited 97 1,131 Key Architects % 0"ǘȔǙǖǙ%,20"0 Contractor: Taylor Wimpey North West Dec 2016 – Nov 2017 Infrastructure 3 Gehry Partners LLP 1 700 LONDON Date: May 2018 – May 2020 5 12322121 1 – 3 St Johns Road, Victoria Hall ǙǕ Funding: Private Ǚ ! *0,+00, & 1"0ț +1"/+ 1&,+ )Ȝ&*&1"! 1 700 &1"ȔǗǕǘƝ 10ǔ/"1 &)2+&10 Contractor: &)) /1+"/0%&-0&*&1"! " !ƛ& " Commercial & Retail 5 JTP 27 ǛǞǙ EAST MIDLANDS Date: Apr 2018 – Apr 2022 6 12322306 ǘǞǽǚ Funding: Private 6 PRP Architects 29 658 Foxlow Farm – 395 houses Contractor: Keepmoat Nottingham Hotel, Leisure & Sport 7 PLP Architecture Ǚ 630 WEST MIDLANDS Date: Jan 2018 – Jul 2019 8 MSMR Architects Ǚ ǚǙǛ Gilders Yard, 11-21 Great 7 ǖǗǗǖǜǙǗǜ 28 Funding: Private *-1,+1/""1ȔǖǙǜƝ 10 Industrial 9 Barratt Homes 29 ǙǝǛ Contractor: Shaylor Group Plc and commercial space 10 Taylor Wimpey ǙǕ Ǚǝǚ WEST MIDLANDS Date: Jan 2018 – Jan 2020 Medical & Health 8 12321830 Lancaster Circus – student 27 Funding: Private accommodation Contractor: McAleer & Rushe Rank Company Name Awards Value (£M) Education TOP TEN SOUTH EAST Date: Jan 2018 – Jan 2021 9 ǖǗǖǗǝǕǞǙ 26 Funding: Private 1 Barratt Homes ǖǙǕ ǗǾǗǝǙ Burford Road – 260 houses Contractor: David Wilson Homes Mercia 2 Persimmon Homes Limited ǖǚǙ 2,133 Key Contractors Dec 2016 – Nov 2017 LONDON Date: Aug 2017 – Aug 2020 3 Taylor Wimpey 116 1,655 10 12228159 Blackwall Reach, Phase 2 – Ǘǚǽǖ Funding: Private Swan New Homes Ǚ Galliford Try Construction 62 1,211 ǗǛǝƝ 10 Contractor: 5 Sir Robert McAlpine Limited 9 ǖǾǖǙǘ 6 Bellway Plc 100 1,125 7 Canary Wharf Group PLC 1 800 8 Redrow Homes Limited ǙǙ ǜǞǙ 9 Keepmoat Regeneration Limited 67 717 10 Bloor Homes Ǚǖ 628
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ %"/ +(&+$1 )"0 /" ,*-&)"!#/,* / ,2/ ! 1 0" +! /" 0"!,+1%"1,1 )3 )2",# ,+1/ 10 4 /!"!,3"/1%"-/"3&,20ǖǗ*,+1%-"/&,!ǽ%"3 )2"0/"-/"0"+11%" ,+01/2 1&,+ ,01,#" %-/,'" 1ǽ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 2.4 0.6 4 0.7
14.7
DECEMBER 2017 1.3 2.2 0.8 % 0.8 About Us 72.3% 0.3 72.3 Economic Context Yorkshire &
The Construction Sector INFRASTRUCTURE… Humber tops the regions this month East Midlands South East Residential East of England South West London Wales Infrastructure Positive trend North East West Midlands North West Yorkshire & Humber Commercial & Retail ,+1&+2"0&+1,,3"* "/ Scotland Hotel, Leisure & Sport INFRASTRUCTURE 4.1 Infrastructure had largest share of contract awards in November Value of contracts by region Industrial 4&1% &3&)"+$&+""/&+$-/,'" 10 ,+1&+2&+$1, 2,61%"0" 1,/ǽ Source: Barbour ABI
Medical & Health
4000 Education %"-,0&1&3"1/"+!#,/&+#/ 01/2 12/" ,+1/ 1 3500 4 /!0% 0 ,+1&+2"!&+1,,3"* "/ǗǕǖǜ4&1% 3000 contracts awarded totalling £3.7 billion based on The sector bounced back 1%/""*,+1%/,))&+$ 3"/ $"ț0""#&$ǽǙǽǗȜǽ%&0&0 spectacularly in November, 2500 25.7% higher than October and 176.6% higher than with total contract value 2000 ,3"* "/ǗǕǖǛǽ +1%"1%/""*,+1%01,,3"* "/ 2-ǖǜǛǽǛʢ ,*- /"!1, 1500 2017, total infrastructure contract awards were 6" / $,ǽ £9.5 billion based on a three month rolling average. Increase 1000 %&0&0 +&+ /" 0",#Ǘǝǖǽǜʢ,+1%"-/"3&,20.2 /1"/ showing rolling 3 month average million) (£ Value on October 500 and is 114.9% higher for the comparable three month NDJ FMAMJ JASONDJ FMAMJ JASON period in 2016. 0 2015 2016 2017 Hinderton Point, Lloyd Drive, Source: Barbour ABI Cheshire Oaks, Cheshire, CH65 9HQ 25.7% INFRASTRUCTURE 4.2 T: 0151 353 3500 Project value showing 3 month moving average E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 INFRASTRUCTURE… ,0&1&3"1/"+! ,+1&+2"0&+1,,3"* "/
%"0" 1,/% 0 "+"#&1"!#/,*1%" 4 /!&+$,# / +0"++&+"/ &)/,21"#,/4"01,#""!00" 1&,+ǽ &+,3"* "/ 1ǖǙǽǜʢǾ +&+ /" 0",#ǖǖǽǕʢ,+ to be completed in April 2019 and awarded to Alun small number of high value contracts linked to the 4 /!"!1,211 ))Ǿ1%" ,+1/ 1&0!2"1, ,3"* "/ǗǕǖǛǽ,1 )" ,+1 10&+1%"/"$&,+ /&ƛ&1%0,+1/ 1,/0&*&1"!ǽ transport sector over the last quarter, resulting in a be completed in Q4 2027 and will involve the include the £10 million Salford Central multi-storey significant upturn for infrastructure. electrification of the route as well as improvements /- /(4%& %% 0 ""+ 4 /!"!1,,/$ + Types of projects to capacities, journey time and reliability. &+! ))ț,+01/2 1&,+Ȝ&*&1"! +!4&))!")&3"/ Civil engineering continued to dominate in DECEMBER 2017 Projects by region +""!0Ǿ1%"ʐǖǚ*&))&,+"! ,1" +" 11"/6 637 parking spaces in a single 10 storey structure ,3"* "/ǗǕǖǜ4&1%ǜǛʢ0% /",# ,+1/ 1 4 /!0 %") /$"010% /",#&+#/ 01/2 12/" ,+1/ 1 4 /!0 01,/ $"# &)&16,+ "% )#,# +"/$6&*&1"! +!&0!2"1, " ,*-)"1"!&+,3"* "/ǗǕǖǝǽ"6 3 )2"4%& % ,*- /"01,,+)6ǜʢ0% /"&+,3"* "/ &+,3"* "/ǗǕǖǜ4 0 ,/(0%&/"ǔ 2* "/4&1% 4&))-/,3&!" ǙǞǽǞǞ 11"/6"+"/$601,/ $" contract awards in the transport sector include ǗǕǖǛǽ1&)&1&"0% !ǖǛʢ0% /"Ǿ !" /" 0",#ǛǙʢ About Us dominant 72.3%, which compares with just 1.7% facility which will include 25 containers, sub- 1%"ʐǜǛǽǗ*&))&,+ 4 /!1,1&0&ƞ0&*&1"!#,/1%" ,+,3"* "/ǗǕǖǛ4&1%1/ +0-,/11%",+)6,1%"/ 0% /"&+,3"* "/ǗǕǖǛț0""#&$ǽǙǽǖǔǙǽǙȜǽ%" stations, transformers as well as cabling over a renewal of 65 escalators on the Jubilee Line, as well 02 Ȓ0" 1,/4&1%0&$+&#& +10% /" 1ǚʢț0""#&$ǽǙǽǘȜǽ Economic Context largest single contract award for the region was ǙǾǙǕǕ0.*0&1"ǽ%",/1%"01% !1%"0" ,+! as the £20 million improvement programme for the the £2.25 billion civil engineering contract for the largest share of infrastructure contract awards ǙǗǗǛ 1 &3"&)" +"&+,21% ) *,/$ +!2" The Construction Sector
Residential 0 5 3 The sector had the largest share of contract Infrastructure 3 )2" 4 /!"!4&1%Ǚǜʢ,#1%"1,1 )Ǿ 0 &3&) 64% 16 Commercial & Retail engineering dominated on the month, thanks Decrease in ) /$")61,1%"ʐǗǽǗǚ &))&,+/ +0"++&+"-$/ !" utilities contracts Hotel, Leisure & Sport % from Stalybridge to Leeds that was awarded to compared to 211 ))ǽ November 2016 Industrial
INFRASTRUCTURE 4.4 Medical & Health 76 % +$",# 1&3&16 6/"$&,+ț0&+ ",3ǗǕǖǛȜ | Source: Barbour ABI Education -3.9% 01&!) +!0 -1.3% ,21% 01 Transport -2.3% 01,#+$) +! -1.2% South West Civic & Public
Utilities +1.5% London -4.2% Wales
Civil Engineering -43.4% ,/1% 01 -1.9% "01&!) +!0
Miscellaneous +11.0% ,/1%"01 +70.6% ,/(0%&/"ǔ 2* "/
Arrows indicate change since November last year ȒǗǙǽǝʢ Scotland
Increase for Yorkshire & Hinderton Point, Lloyd Drive, INFRASTRUCTURE 4.3 +70.6% Humber compared to Cheshire Oaks, Cheshire, CH65 9HQ Type of projects awarded Top Ten Source: Barbour ABI HOTTEST REGION last year CLIENTS, ARCHITECTS, T: 0151 353 3500 CONTRACTORS & PROJECTS E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 INFRASTRUCTURE… ,0&1&3"1/"+! ,+1&+2"0&+1,,3"* "/
Rank Company Name Awards Value (£M) TOP TEN TOP TEN 1 HS2 10 7,203 2 Network Rail Infrastructure Limited 180 2,909 Key Clients Projects Dec 2016 – Nov 2017 Contract awarded November 2017 3 Highways England 25 ǖǾǙǙǞ Ǚ EDF Energy 3 780 DECEMBER 2017 5 Gent Fairhead & Company Limited 1 679 Value Rank PID Project Name (£M) Details 6 Roxhill Developments Limited 3 ǚǜǙ YORKSHIRE & HUMBER Date: Oct 2018 – Oct 2027 7 Dover Harbour Board 3 ǚǙǚ 1 ǖǗǖǞǜǘǘǙ Transpennine Route Upgrade – 2250 Funding: Public About Us West of Leeds Contractor:211 ))ț " !ƛ& "Ȝ 8 Spalding Energy Expansion Limited 1 ǙǚǕ NORTH WEST 9 TFGM Transport For Greater Manchester Ǚ 376 Date: Oct 2018 – Oct 2021 Economic Context 2 ǖǖǝǘǙǖǘǕ Lostock Energy from Waste Facility 300 Funding: Private 10 United Utilities Plc 3 301 țǛǕȜ Contractor: Baumgarte Boiler Systems
NORTH WEST Date: Sep 2018 – TBC The Construction Sector 3 ǖǗǗǗǞǙǘǙ Ince Resource Recovery Park – 130 Funding: Private 35MW Waste Facility Contractor: Black and Veatch Rank Company Name Awards Value (£M) TOP TEN Nov 2017 – Apr 2025 Residential 1 Austin Smith Lord 8 ǙǗǙ LONDON Date: Ǚ 12323676 ǜǛǽǗǘ Funding: Public Jubilee Line Escalators – TFL 2 RPS Group Plc 5 ǘǙǝ Key Architects Contractor:1&0&ƞ0&*&1"! " !ƛ& " Dec 2016 – Nov 2017 Infrastructure 3 Barton Willmore 1 298 EAST OF ENGLAND Date: Oct 2017 – Oct 2019 5 ǖǗǗǙǛǛǛǜ Northstowe Phase 2 – highway & ǙǝǽǞ Funding: Public Ǚ Hartwell Architects 1 135 infrastructure works Contractor: John Sisk & Son Limited Commercial & Retail 5 Race Cottam Associates Limited 1 130 SCOTLAND Date: Sep 2018 – Mar 2020 6 Halliday Clark Limited 1 120 6 12021800 31 Funding: Private Tealing Solar Farm – Dundee – 31MW Contractor: Izen Energy Systems Hotel, Leisure & Sport 7 Gebler Tooth 2 ǖǖǙ LONDON Date: Jan 2017 – Jan 2021 8 Morgan Sindall Plc 2 102 7 12205660 29 Funding: Public Big Ben – refurbishment project Industrial 9 Mouchel Group 2 58 Contractor: Robert McAlpine Limited 10 Pascall & Watson Architects 2 56 WALES Date: Apr 2018 – Apr 2019 8 12071090 20 Funding: Public Medical & Health ǙǗǗǛ *-/,3"*"+10Ȕ &3"&)" Lane Project Contractor:)2+ /&ƛ&1%0,+1/ 1,/0&*&1"!
NORTH EAST Date: Apr 2018 – Oct 2019 Education Rank Company Name Awards Value (£M) TOP TEN 9 ǖǗǖǙǕǘǗǜ South Shields 365 – transport 20 Funding: Mixed 1 BBV JV 2 2,800 interchange Contractor: Bowmer & Kirkland Limited 2 BAM Nuttall 9 2,393 Key Contractors SOUTH EAST Date: Dec 2017 – Dec 2021 Dec 2016 – Nov 2017 10 11997201 Canterbury Cathedral ǖǞǽǙ Funding: Mixed 3 CEK JV 2 2,200 refurbishment project Contractor: "++"/ț,+1/ 1,/0Ȝ&*&1"! Ǚ Align JV 1 1,300 5 SCS JV 1 900 6 Galliford Try Construction 20 ǜǚǙ 7 Hitachi Zosen Inova UK Limited 2 739 8 VolkerFitzpatrick Limited 22 738 9 Balfour Beatty Group Limited 22 685 10 NG Bailey & Company Limited 2 ǙǛǝ
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ %"/ +(&+$1 )"0 /" ,*-&)"!#/,* / ,2/ ! 1 0" +! /" 0"!,+1%"1,1 )3 )2",# ,+1/ 10 4 /!"!,3"/1%"-/"3&,20ǖǗ*,+1%-"/&,!ǽ%"3 )2"0/"-/"0"+11%" ,+01/2 1&,+ ,01,#" %-/,'" 1ǽ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 3.2 4.9
33 18.4 DECEMBER 2017
% 0.5 About Us 5.7
Economic Context 33.0% 5.6 5.8 2.2 4.5 The Construction Sector COMMERCIAL & RETAIL… Yorkshire & 16.2 Humber tops the East Midlands South East Residential regions this month East of England South West Contracts experience London Wales Infrastructure North East West Midlands North West Yorkshire & Humber Commercial & Retail 0&$+&Ɯ +1!,4+4 /!- 1% Scotland Hotel, Leisure & Sport COMMERCIAL & RETAIL 5.1 Decline of 39% from October 2017, however the quarter remains positive Value of contracts by region Industrial +!ǗǕʢ %" !,#1%"0 *"-"/&,!&+ǗǕǖǛǽ Source: Barbour ABI
Medical & Health
1200 Education Contract awards for the commercial and retail sector 1000 &+,3"* "/ǗǕǖǜ4"/"ʐǙǚǛ*&))&,+ 0"!,+ 1%/""*,+1%/,))&+$ 3"/ $"ț0""#&$ǽǚǽǗȜǽ%&0&0 ƞ"/ -/"3&,2001" !6 800 39.4% decrease on October and 19.6% decrease on three months, commercial ,3"* "/ǗǕǖǛǽ +1%"1%/""*,+1%01,,3"* "/ & retail reached a new low 600 2017 the value of commercial and retail contract as contract values dipped awards was £1.9 billion, an increase of 3.4% on 400 6ǘǞʢ,+1%"*,+1%ǽ the previous quarter and 6.5% higher than the Decrease ,//"0-,+!&+$.2 /1"/&+1%"-/"3&,206" /ǽ%" on October showing rolling 3 month average million) (£ Value 200 !" )&+"&+ ,+1/ 1 4 /!0&+,3"* "/-/,3&!"0 NDJ FMAMJ JASONDJ FMAMJ JASON significant contrast compared to the previous 0 2015 2016 2017 Hinderton Point, Lloyd Drive, 3 months and underlines the volatile nature of the Source: Barbour ABI Cheshire Oaks, Cheshire, CH65 9HQ 39.4% COMMERCIAL & RETAIL 5.2 ,**"/ & )ǔ/"1 &)0" 1,/ǽ T: 0151 353 3500 Project value showing 3 month moving average E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 COMMERCIAL & RETAIL… Contracts experience significant downward path
Projects by region +!4&)) "2+!"/1 ("+ 6,+01/2 1&,+ǽ%" building to provide 1,659 sq m of floor space over 4 /!0Ǿ +&+ /" 0",#ǖǚʢ,+,3"* "/ǗǕǖǛǽ %"* &+), 1&,+#,/ 1&3&16&+1%"0" 1,/&+ '"01& 2&)!&+$/"!"3"),-*"+1&0 ʐǖǞ*&))&,+ 10 storeys. Due for completion in February 2020, %"+"51) /$"010" 1,/4 0$"+"/ )/"1 &)&+$4&1% ,3"* "/4 0 ,/(0%&/"ǔ 2* "/0&!"4&1% -/,'" 1&+""!01,-/,3&!"ǝǾǕǚǜ0.*,#,ƛ& " the contract has been awarded to VolkerFitzpatrick 16% share, a decrease of 4% on the 20% share of 33.0% share of value of contract awards, with the space over 5 storeys on a fire damaged site. &*&1"!ǽ"6/"1 &) ,+1/ 10&+ )2!"1%"ʐǖǚ*&))&,+ ,+1/ 1 4 /!0&+,3"* "/ǗǕǖǛț0""#&$ǽǚǽǘȜǽ /"$&,+0%,4&+$$/,41%,#ǘǕǽǝʢ,+,3"* "/ 4 /!"!1,&/, "/1 )-&+"ǔ,+0&*&1"!Ǿ1%&0 1& % ")0"1 &) /(!"3"),-*"+1&+ 0&+$01,(" DECEMBER 2017 ǗǕǖǛț0""#&$ǽǚǽǖǔǚǽǙȜǽ%"%&$%"013 )2" ,+1/ 1 ǖǝ*,+1%-/,'" 1&0!2"#,/ ,*-)"1&,+&+ 6ǗǕǖǞǽ to provide new retail units and associated parking 4 /!4&1%&+ ,/(0%&/"ǔ 2* "/0&!"4 01%" London was the second largest region for activity on a 3.4 hectare site and awarded to Bowmer and ʐǙǕǽǙ*&))&,+ 11&12!"2/-)",ƛ& "!"3"),-*"+1 &+,3"* "/4&1%ǖǝǽǙʢ3 )2"0% /",# ,+1/ 1 &/() +!,21%"/+ǽ About Us 11%"#,/*"/,+ 01"/,/(0&+""!0ǽ%&0ǝ 4 /!0Ǿ !" /" 0",#ǖǙǽǜʢ,+,3"* "/ǗǕǖǛǽ storey building will provide 17,050 sq m of new %") /$"01 ,**"/ & )ǔ/"1 &) ,+1/ 14&1%&+ Types of projects Economic Context ,ƛ& "0- "&+ )2!&+$*""1&+$/,,*0Ǿ(&1 %"+Ǿ the London region was the £24 million 77 Coleman ƛ& "04"/"1%"!,*&+ +1-/,'" 116-"&+1%" /" "-1&,+ +!ǝǚ2+!"/$/,2+!- /(&+$0- "0 Street extension and refurbishment of the exiting sector, accounting for 79% share of contract The Construction Sector
Residential 2 16 Yorkshire & Humber was the dominant region in Infrastructure October with 33% of contracts awards value, thanks 15% Commercial & Retail 3 $/" 1)61,1%"ʐǙǕǽǙ*&))&,+ 11&12!"2/-)",ƛ& " Increase in 0 development at the former Doncaster Works in ,ƛ& " ,+1/ 10 Hotel, Leisure & Sport % ""!0ǽƛ& "0 ,2+ "! (4&1%ǜǞʢ,#1%"0% /" compared to ,# ,+1/ 10 4 /!"! 616-",#-/,'" 1ǽ November 2016 Industrial
Medical & Health COMMERCIAL & RETAIL 5.4 79 % +$",# 1&3&16 6/"$&,+ț0&+ ",3ǗǕǖǛȜ | Source: Barbour ABI Education -2.9% 01&!) +!0 -0.4% ,21% 01 ƛ& "0 -0.4% 01,#+$) +! -2.6% South West Shopping Centres
Food Retailing -14.7% London -1.1% Wales
General Retailing -0.6% ,/1% 01 -0.6% "01&!) +!0
Retail Warehouse & Garden Centres -10.7% ,/1%"01 ʭǘǕǽǝʢ ,/(0%&/"ǔ 2* "/
Arrows indicate change since November last year +3.3% Scotland
Increase for Yorkshire & Hinderton Point, Lloyd Drive, COMMERCIAL & RETAIL 5.3 +30.8% Humber compared to Cheshire Oaks, Cheshire, CH65 9HQ Type of projects awarded Top Ten Source: Barbour ABI HOTTEST REGION last year CLIENTS, ARCHITECTS, T: 0151 353 3500 CONTRACTORS & PROJECTS E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 COMMERCIAL & RETAIL… Contracts experience significant downward path
Rank Company Name Awards Value (£M) TOP TEN TOP TEN 1 Google UK Limited 1 700 2 Intu Group Ǚ 513 Key Clients Projects Dec 2016 – Nov 2017 Contract awarded November 2017 3 Canary Wharf Group PLC 3 398 Ǚ Lendlease Limited 3 312 DECEMBER 2017 5 London Development Agency 1 ǗǙǕ Value Rank PID Project Name (£M) Details 6 Lidl UK GMBH 52 ǖǙǗ EAST MIDLANDS Date: Jan 2018 – Jan 2021 7 Goldman Sachs International Limited 1 130 1 11891773 Victoria Centre – northern ǗǙǕ Funding: Private About Us extension Contractor: Sir Robert McAlpine 8 British Land Corporation Plc 2 125 Date: TBC – TBC 9 Lasalle Investment Management Ǚ ǖǕǙ YORKSHIRE & HUMBER 2 12309679 ǙǕǽǙ Funding: Private Economic Context 11&12!"2/-)"Ȕ,ƛ& " 10 Warrington Borough Council 2 88 Contractor: BAM Construction
LONDON Date: Feb 2018 – Feb 2020 The Construction Sector 3 12209560 ǜǜ,)"* +1/""1Ȕ,ƛ& "ȡ ǗǙ Funding: Private retail/leisure Contractor:,)("/ &17- 1/& (&*&1"! " !ƛ& " Rank Company Name Awards Value (£M) TOP TEN Date: Oct 2017 – Dec 2017 Residential 1 BDP 3 762 YORKSHIRE & HUMBER Ǚ 12295358 20 Funding: Private Ȓ #"Ȕ,ƛ& " +!# 1,/6 2 ,%+"!"/0"+ ,5ț +1"/+ 1&,+ )Ȝ 3 398 Key Architects Contractor: Contractor not yet named Dec 2016 – Nov 2017 Infrastructure 3 Bjarke Ingels Group 1 350 YORKSHIRE & HUMBER Date: Nov 2017 – May 2019 5 12220370 The Majestic Building 19 Funding: Private Ǚ Heatherwick Studio 1 350 redevelopment Contractor: Sir Robert McAlpine & Sons Limited Commercial & Retail 5 ! *0,+00, & 1"0ț +1"/+ 1&,+ )Ȝ&*&1"! 2 318 YORKSHIRE & HUMBER Date: Mar 2018 – Sep 2019 Funding: Private 6 Rogers Stirk Harbour and Partners 3 312 6 ǖǗǗǞǘǚǙǘ Station Road, Pannal Phase 2B – ǖǚǽǙ Contractor: Bellway Homes Limited Yorkshire ,ƛ& " +!/"1 &)2+&10 Hotel, Leisure & Sport 7 Squire and Partners 6 262 Divison
8 Leslie Jones Architects 3 ǗǙǞ WEST MIDLANDS Date: Dec 2017 – Feb 2019 Industrial 9 ǘ"&!ț/ %&1" 10Ȝ&*&1"! Ǚ ǗǙǖ 7 ǖǗǗǞǜǚǘǙ Jaguar Land Rover – South 15 Funding: Private Design Studio Contractor:,+01/2 1&,+ /,2- " !ƛ& " 10 Farrells 1 ǗǙǕ SOUTH EAST Date: Jan 2018 – Nov 2018 Medical & Health Funding: Private 8 12253185 St Michaels Retail Park – 15 Contractor: Bowmer & Kirkland Southern retail units "$&,+ )ƛ& " Education Rank Company Name Awards Value (£M) TOP TEN May 2017 – May 2020 1 "+!)" 0",+01/2 1&,+țȜ&*&1"! 3 706 LONDON Date: 9 12066807 ǜǽǚ Funding: Private Kendrick Mews development 2 Sir Robert McAlpine Limited 8 522 Key Contractors Contractor: Knight Build Limited Dec 2016 – Nov 2017 3 Canary Wharf Group PLC 3 398 LONDON Date: Jan 2018 – Jul 2019 Funding: Private 10 12268767 110 Marylebone, Westminster – 6 Ǚ McLaren Construction Limited 5 323 Contractor: Neilcott Construction Limited /"01 2/ +1Ǿ,ƛ& "0ǔ"!2 1&,+ 5 Multiplex 1 ǗǙǕ ț " !ƛ& "Ȝ 6 Wates Construction Limited 8 210 7 ISG 25 206 8 Galliford Try Construction 13 ǗǕǙ 9 Skanska UK 3 183 10 Mace Limited 5 175
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ %"/ +(&+$1 )"0 /" ,*-&)"!#/,* / ,2/ ! 1 0" +! /" 0"!,+1%"1,1 )3 )2",# ,+1/ 10 4 /!"!,3"/1%"-/"3&,20ǖǗ*,+1%-"/&,!ǽ%"3 )2"0/"-/"0"+11%" ,+01/2 1&,+ ,01,#" %-/,'" 1ǽ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 5.8 2 3.1 8 1.8 4.1
DECEMBER 2017 37.8 17.1 % About Us 37.8% 2.8 Economic Context London tops the 12.6 The Construction Sector HOTEL, LEISURE & SPORT… regions this month 4.9
East Midlands South East Residential East of England South West London Wales Infrastructure Contract awards remain North East West Midlands North West Yorkshire & Humber Commercial & Retail steady at £539 million Scotland Hotel, Leisure & Sport HOTEL, LEISURE & SPORT 6.1 Hotels and leisure centres underpin contract awards in Value of contracts by region Industrial ,3"* "/4&1%,+!,+1%") /$"01/"$&,+ǽ Source: Barbour ABI
Medical & Health
1000 Education +1%"%,1")Ǿ)"&02/"ǔ0-,/10" 1,/Ǿ ,+1/ 1 4 /! )"3")04"/"ʐǚǘǞ*&))&,+&+,3"* "/Ǿ 0"!,+ 800 /,))&+$1%/""*,+1% 3"/ $"ț0""#&$ǽǛǽǗȜǽ%&04 0 The sector remained Ǖǽǝʢ),4"/1% + 1, "/ 21ǖǖǽǖʢ%&$%"/1% + 01" !6 ƞ"/ !&-,3"/ 600 ,3"* "/ǗǕǖǛǽ +1%"1%/""*,+1%01, 1, "/ the summer months and the value of contracts awarded was £1.4 billion encouragingly contract 400 which was 35.5% higher than the previous three months but 5.0% lower than the comparable three 3 )2"4 0ǖǖǽǖʢ%&$%"/ Increase on 200 1% +&+,3"* "/ǗǕǖǛǽ showing rolling 3 month average million) (£ Value *,+1%-"/&,!&+ǗǕǖǛǽ%"2-12/+&+ 1, "/ +! November 2016 ,3"* "/ǗǕǖǜ#,)),40 +,3"/ ))!,4+4 /!1/"+! NDJ FMAMJ JASONDJ FMAMJ JASON from April to September 2017. 0 2015 2016 2017 Hinderton Point, Lloyd Drive, Source: Barbour ABI Cheshire Oaks, Cheshire, CH65 9HQ 11.1% HOTEL, LEISURE & SPORT 6.2 T: 0151 353 3500 Project value showing 3 month moving average E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 HOTEL, LEISURE & SPORT… Contract awards remain steady at £539 million
Projects by region 4&)) )0,!")&3"/ǚǾǛǛǝ0.*,#/"1 &)0- " +! to provide sports facilities with associated Types of projects London maintained its dominance in the sector ǘǙ- /(&+$0- "0ǽ%" &3" !"*6&+!$4 /" ) +!0 -&+$4,/(,+ 1ǗǾǗǝǘ0.*0&1"ǽ%" %"%,1")0ȡ*,1")0 1"$,/6% !1%") /$"010% /",# 4&1%ǘǜǽǝʢ0% /",#3 )2",# ,+1/ 10 4 /!"!&+ is also a significant contract award providing a ,+1/ 1% 0 ""+ 4 /!"!1, "++"/ț,+1/ 1,/0Ȝ ,+1/ 1 4 /!0&+,3"* "/ 1ǚǖʢǾ/"-/"0"+1&+$ ,3"* "/ǗǕǖǜǾ 211%&04 0 !" )&+",#ǛǽǕʢ,+ 2 storey indoor football academy with 3G pitches, &*&1"! +!1%"ǖǝ*,+1%-/,'" 10&0!2"1, " ǖʢ!" /" 0",+,3"* "/ǗǕǖǛǽ"&02/" "+1/"0 ,3"* "/ǗǕǖǛǽ%") /$"01 ,+1/ 1 4 /!4 0 indoor sports halls and a spectator stand. Valued at completed by April 2019. were the second largest category with 23% followed DECEMBER 2017 the Pennybrook Hotel at the Olympic Park and £30 million, the contract has been awarded to City Other key contract awards for the sector include 6-2 )& %,20"0ȡ/"01 2/ +104&1%ǖǚʢǾ +&+ /" 0" was awarded to Ardmore Construction Limited. "+,3 1&,+0 +!&0!2"1, ,**"+ "&+ 2+"ǗǕǖǝǽ 1%"ʐǖǚ*&))&,+&)3"/01,+" &+$20"2*&+ ,#ǚʢ,+,3"* "/ǗǕǖǛǽ %"-/,'" 1Ǿ3 )2"! 1ʐǝǘ*&))&,+Ǿ&0!2"1, " %"0" ,+!) /$"01/"$&,+#,/ ,+1/ 1 4 /!04 0 ,/1% *-1,+0%&/"1,-/,3&!" *,1,/0-,/1 About Us completed in December 2019 and is for a 26 storey 1%",21% 014&1%ǖǜǽǖʢ,# ,+1/ 1 4 /!0Ǿ + exhibition centre as well as a research centre. hotel providing a 137 bedroom aparthotel and &+ /" 0",#ǞǽǛʢ,+,3"* "/ǗǕǖǛǽ%"%&$%"01 Awarded to Shaylor Group plc the contract will Economic Context a 249 bedroom boutique hotel with a combined 3 )2" ,+1/ 1 4 /!#,/1%",21% 01/"$&,+4 0 -/,3&!"ǛǾǖǝǖ0.*,##),,/0- "1%"ǖǚ*,+1% floor area of 37,724 sq m. In addition, the project 1%"ʐǖǕ*&))&,+/ +-,/10 /(&+ ,)("01,+" -/,'" 1&0!2"1, ,**"+ "&+ +2 /6ǗǕǖǝǽ The Construction Sector
Residential 6 6 London continued to be the dominant region in Infrastructure 1, "/4&1%ǘǜǽǝʢ,# ,+1/ 10 4 /!03 )2"ǽ%" 1% Commercial & Retail biggest project on the month was also in the capital, Decrease in hotels/ the Pennybrook Hotel at the Olympic Park valued motels contracts Hotel, Leisure & Sport 23 % 51 at £83 million, which helped hotels/motels to a 51% compared to 0% /",#1%"1,1 ) ,+1/ 1 4 /!3 )2"ǽ November 2016 Industrial 0 Medical & Health HOTEL, LEISURE & SPORT 6.4 15 % +$",# 1&3&16 6/"$&,+ț0&+ ",3ǗǕǖǛȜ | Source: Barbour ABI Education -0.4% 01&!) +!0 +9.6% ,21% 01 Hotels/Motels +6.6% 01,#+$) +! -12.7% South West Public Houses/ Restaurants
Arenas/Stadia -6.0% London -1.3% Wales
Leisure Centres +2.4% ,/1% 01 ȒǗǽǝʢ "01&!) +!0
Audience/Exhib Centres +9.1% ,/1%"01 ȒǗǽǝʢ ,/(0%&/"ǔ 2* "/ Community/Day Centres -1.7% Scotland
Arrows indicate change since November last year
Hinderton Point, Lloyd Drive, HOTEL, LEISURE & SPORT 6.3 +9.6% Increase for South East Cheshire Oaks, Cheshire, CH65 9HQ Type of projects awarded Top Ten Source: Barbour ABI HOTTEST REGION compared to last year CLIENTS, ARCHITECTS, T: 0151 353 3500 CONTRACTORS & PROJECTS E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 HOTEL, LEISURE & SPORT… Contract awards remain steady at £539 million
Rank Company Name Awards Value (£M) TOP TEN TOP TEN 1 Wanda Dalian 1 900 2 One GP LLP 1 500 Key Clients Projects Dec 2016 – Nov 2017 Contract awarded November 2017 3 Birchall Properties 1 ǙǕǕ Ǚ Heads of The Valleys Development Company Limited 1 200 DECEMBER 2017 5 Manchester City Council 2 111 Value Rank PID Project Name (£M) Details 6 Whitbread PLC 27 109 LONDON Date: Dec 2017 – Dec 2019 7 The Berkeley Group 2 101 Funding: Private 1 12120575 The Pennybrook – Plot N17 83 About Us Contractor: Ardmore Construction Limited Head 8 The Penny Brook Hotel Limited 1 83 Zone 3B ƛ& " 9 Stanhope Plc 2 77 Jun 2018 – Dec 2019 Economic Context LONDON Date: 2 ǖǗǘǗǚǙǕǖ 30 Funding: Private 10 Equity Group Limited 1 70 The Hive Academy Contractor: City Renovations
The Construction Sector SOUTH EAST Date: Jan 2018 – Apr 2019 3 12236532 15 Funding: Private Silverstone Racing Museum Rank Company Name Awards Value (£M) TOP TEN Contractor: Shaylor Group Plc Residential 1 ,%+"!"/0"+ ,5ț +1"/+ 1&,+ )Ȝ 1 900 NORTH EAST Date: Nov 2017 – Feb 2019 Key Architects Northshore Development – 2 Archer Humphryes Architects 2 500 Ǚ ǖǗǗǛǖǗǙǝ ǖǗǽǝ Funding: Private Northshore Hampton by Dec 2016 – Nov 2017 Contractor: Bowmer & Kirkland Limited Infrastructure 3 Hopkins Architects 1 500 Hilton Hotel
Ǚ Moxley Architects 1 500 NORTH WEST Date: Nov 2017 – Jun 2018 Commercial & Retail 5 Stanton Williams 1 ǙǕǕ 5 12219283 Arndale Centre – Halle Place 11 Funding: Private food & beverage quarter Contractor: ISG Regions Limited 6 Populous 2 ǗǙǕ NORTH WEST Date: Aug 2017 – Aug 2018 Hotel, Leisure & Sport 7 Tew & Smith Architects 2 201 6 12218618 Hotel – Crow Wood Leisure, ǖǕǽǚ Funding: Private Contractor: Crow Wood Leisure 8 Simpson Haugh & Partners 3 138 Royle Lane NORTH WEST Industrial 9 BDP 7 118 Date: Jan 2018 – Jan 2019 The Atrium, Manchester Funding: Private 7 12279091 10 10 TP Bennett LLP 2 ǖǖǙ – service department Contractor: Phelan Construction Limited Head Medical & Health refurbishment ƛ& " SOUTH EAST Date: Oct 2017 – Apr 2019 8 12182161 Urban Sports Park – Folkestone 10 Funding: Private Rank Company Name Awards Value (£M) Education TOP TEN – Phase 2 Skate Park Contractor: "++"/ț,+1/ 1,/0Ȝ&*&1"! 1 Multiplex 2 900 Key Contractors SCOTLAND Date: Apr 2018 – Jun 2019 2 Sir Robert McAlpine Limited Ǚ 525 9 12307189 Menziehill Community Centre 9 Funding: Public Dec 2016 – Nov 2017 , "/10,+,+01/2 1&,+ț 60&!"Ȝ 3 FCC 1 200 and Library Contractor: TBC – TBC Ǚ Kier Group 17 139 EAST OF ENGLAND Date: 10 12231507 8 Funding: Private Premier Inn Hotel – Bridle Path 5 Ardmore Construction Limited 2 113 Contractor: Barnes Construction Limited 6 Laing O'Rourke 2 111 7 The Berkeley Group 2 101 8 Willmott Dixon Construction Limited 11 101 9 McAleer & Rushe Limited 5 90 10 Newry Construction 2 80
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ %"/ +(&+$1 )"0 /" ,*-&)"!#/,* / ,2/ ! 1 0" +! /" 0"!,+1%"1,1 )3 )2",# ,+1/ 10 4 /!"!,3"/1%"-/"3&,20ǖǗ*,+1%-"/&,!ǽ%"3 )2"0/"-/"0"+11%" ,+01/2 1&,+ ,01,#" %-/,'" 1ǽ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 8.6 5.5 2.5 41.2 5.7 DECEMBER 2017 2.1
5.8 % About Us Economic Context 41.2% 11.3 The Construction Sector INDUSTRIAL… 7.2 2.9 7.2 East Midlands tops East Midlands South East Residential the regions this East of England South West month London Wales Infrastructure Downward trend North East West Midlands North West Yorkshire & Humber Commercial & Retail ,+1&+2"0&+1,,3"* "/ Scotland Hotel, Leisure & Sport INDUSTRIAL 7.1 Light industrial dominates contract Value of contracts by region Industrial 4 /!01%&0*,+1%ǽ Source: Barbour ABI
Medical & Health
600 Education %"&+!201/& )0" 1,/0 4 ,+1/ 1 1&3&16 500 !" /" 0"&+,3"* "/4&1%1%"3 )2",# ,+1/ 10 awarded, based on a three month rolling average, Industrial contract value 400 1ʐǙǙǛ*&))&,+ț0""#&$ǽǜǽǗȜǽ%&0&0 ǖǽǚʢ!" /" 0" !" /" 0"!#,/1%"Ɯƞ%*,+1%&+ #/,* 1, "/Ǿ 21ǙǽǞʢ!" /" 0",+,3"* "/ǗǕǖǛǽ a row and for the three months 300 ,/1%"1%/""*,+1%01,,3"* "/ǗǕǖǜ1%"1,1 ) to November the sector dipped value of contracts awarded was £1.4 billion, which 200 6ǖǙǽǖʢ ,*- /"!1,1%" is 14.1% lower than the previous three months but Decrease Ɯ$2/"0/" %"!,3"/1%" showing rolling 3 month average million) (£ Value 100 3.2% higher than the corresponding quarter of 2016. on October 02**"/ǽ NDJ FMAMJ JASONDJ FMAMJ JASON 0 2015 2016 2017 Hinderton Point, Lloyd Drive, Source: Barbour ABI Cheshire Oaks, Cheshire, CH65 9HQ 1.5% INDUSTRIAL 7.2 T: 0151 353 3500 Project value showing 3 month moving average E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 INDUSTRIAL… ,4+4 /!1/"+! ,+1&+2"0&+1,,3"* "/
Projects by region has been awarded to George Law Limited. Also in %&00 %"*"4&))0""1%" 2&)!&+$,#ǚ ,**"/ & ) &+,3"* "/ǾǖǞʢ%&$%"/1% +,3"* "/ǗǕǖǛǽ%" %"/"$&,+4&1%1%"%&$%"013 )2",# ,+1/ 1 ,/1% *-1,+0%&/"4 01%"ʐǘǛ*&))&,+--)" 6 buildings with associated access, parking and 0" ,+!) /$"010" 1,/4 04 /"%,20"ȡ01,/ $" 1 4 /!0#,/,3"* "/4 01%" 01&!) +!04&1% Lodge project in Wellingborough to provide landscaping works to provide total floorspace of 24%, down 5 % on the corresponding month in the ǙǖǽǗʢǾ +&+ /" 0",#ǗǙǽǘʢ,+,3"* "/ǗǕǖǛ ǘǘǾǚǝǕ0.*,#&+!201/& )0- "4&1% + !!&1&,+ ) ǖǚǾǗǚǗ0.*ǽ%" ,+1/ 1% 0 ""+ 4 /!"!1, -/"3&,206" /ț0""#&$ǽǜǽǘȜǽ ț0""#&$ǽǜǽǖǔǜǽǙȜǽ%") /$"01&+!201/& ) ,+1/ 1#,/ ǖǾǛǘǜ0.*,#,ƛ& "0- "ǽ4 /!"!1,&+3& Pioneer Design and Build Limited with a start date DECEMBER 2017 1%" 01&!) +!04 01%" 1"0 6"/,"0" / % ,+01/2 1&,+&*&1"!Ǿ1%"ǝǽǜ%" 1 /"0&1"4&)) )0, of December 2017. Other notable industrial contract # &)&16 1 3"+1/6ǽ%"ʐǙǕ*&))&,+ ,+1/ 1&0#,/ !")&3"/ǗǞǙ /- /(&+$0- "0ǽ%",/1%"01 4 /!0&+ )2!"1%"ʐǖǖ*&))&,++$)"+!"/20&+"00 the provision of an aero-acoustic test and research accounted for the second largest share of industrial ǔ&01/& 21&,+"+1/"&+)#/"1,+ +!1%"ʐǖǕ*&))&,+ About Us # &)&164&1% 00, & 1"!,ƛ& "0 +!1" %&+$ ,+1/ 1 4 /!0&+,3"* "/4&1%ǖǖǽǘʢ0% /"ǽ%" Ardgowan Distillery in Greenock. # &)&1&"04&1% 1,1 )#),,/ /" ,#ǗǝǾǞǚǕ0.*ǽ ) /$"01&+!201/& ) ,+1/ 1&+1%",/1%"01/"$&,+ Economic Context With an estimated time frame of 24 months and 4 01%"ʐǗǗǽǝ*&))&,+!"0&$+ +! 2&)! ,+1/ 1 Types of projects due for completion in August 2020, the contract #,/,**"/ & )+&10 1+&3"/0&16 6&+/"4"ǽ Light industrial accounted for 32% of contract values The Construction Sector
Residential 0 17 The East Midlands dominated the Industrial Infrastructure 20 0" 1,/4&1%ǙǖǽǗʢ,#1%" ,+1/ 10 4 /!"!Ǿ 19% Commercial & Retail ),+$0&!"% 3&+$Ɯ3",#1%"1,-1"+ &$$"01 Increase in light -/,'" 104&1%&+1%"/"$&,+ǽ&$%1 +!201/& ) industrial contracts Hotel, Leisure & Sport accounted for 32% of the contract value for the compared to % November 2016 24 *,+1%Ǿ +ǖǞʢ&+ /" 0",+,3"* "/ǗǕǖǛǽ Industrial
32 Medical & Health INDUSTRIAL 7.4 | Source: Barbour ABI 6 % +$",# 1&3&16 6/"$&,+ț0&+ ",3ǗǕǖǛȜ Education +24.3% 01&!) +!0 -6.5% ,21% 01 Heavy Industrial -14.1% 01,#+$) +! Ȓǘǽǝʢ South West Light Industrial
Food Production/ Cold Stores +1.1% London +0.4% Wales
Warehouse/ Storage ʭǛǽǝʢ ,/1% 01 -4.2% "01&!) +!0
Laboratories/ R&D ʭǗǽǝʢ ,/1%"01 +4.1% ,/(0%&/"ǔ 2* "/ Agricultural Buildings -10.7% Scotland
Arrows indicate change since November last year Increase for East Hinderton Point, Lloyd Drive, INDUSTRIAL 7.3 +24.3% Midlands compared Cheshire Oaks, Cheshire, CH65 9HQ Type of projects awarded Top Ten Source: Barbour ABI HOTTEST REGION to last year CLIENTS, ARCHITECTS, T: 0151 353 3500 CONTRACTORS & PROJECTS E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 INDUSTRIAL… ,4+4 /!1/"+! ,+1&+2"0&+1,,3"* "/
Rank Company Name Awards Value (£M) TOP TEN TOP TEN 1 Prologis UK Limited 8 ǘǙǙ 2 Mountpark Logistics 3 271 Key Clients Projects Dec 2016 – Nov 2017 Contract awarded November 2017 3 Ministry of Defence 9 213 Ǚ Goodman Logistics Developments UK Limited 6 163 DECEMBER 2017 5 Roxhill Developments Limited Ǚ 100 Value Rank PID Project Name (£M) Details 6 Segro PLC 7 ǞǙ EAST MIDLANDS Date: Aug 2018 – Aug 2020 7 Jaguar Land Rover Limited 1 90 1 12172825 ǙǕ Funding: Private Catesby Aero Research Facility About Us Contractor: George Law Limited 8 Euro Garages Limited 2 90 Date: May 2017 – Nov 2018 9 Hill Street Holdings 1 90 EAST MIDLANDS 2 ǖǗǗǙǙǛǜǕ 36 Funding: Private Economic Context Appleby Lodge – Zone A Plot 1 10 IDI Gazeley Limited 2 85 Contractor: Winvic Construction Limited NORTH WEST Date: Dec 2017 – Dec 2019 The Construction Sector 3 ǖǗǗǛǙǜǝǝ University Way, Crewe – ǗǗǽǞ Funding: Private commercial units Contractor: Pioneer Design And Build Limited Rank Company Name Awards Value (£M) TOP TEN EAST MIDLANDS Date: Nov 2017 – Nov 2018 Residential 1 Stephen George & Partners 20 ǙǞǛ Ǚ 12281682 /,'" 1 &Ɯ Ȕ,))0Ȓ,6 " 20 Funding: Private 2 UMC Architects 11 270 Key Architects Marine, Raynesway Contractor: 2$%)&+ǔ /3"6 " !ƛ& " Dec 2016 – Nov 2017 Infrastructure 3 AJA Architects LLP 7 250 EAST OF ENGLAND Date: Dec 2017 – TBC 5 ǖǗǗǞǗǙǙǚ Cefas Estate – rationalisation ǖǙ Funding: Public Ǚ PHP Architects 5 168 works Contractor:,/$ +&+! ))ț,+01/2 1&,+Ȝ) Commercial & Retail 5 Michael Sparks Associates 11 156 EAST MIDLANDS Date: Nov 2017 – Nov 2018 6 Isherwood McCann Ǚ 116 6 ǖǗǗǚǙǗǜǗ Ebdc South Normanton (Project 11 Funding: Private & (")ǗǝȜ Contractor: Winvic Construction Limited Hotel, Leisure & Sport 7 Ridge & Partners LLP 3 92 SCOTLAND Date: Jan 2018 – Jan 2019 8 Jennings Design Limited 1 80 7 ǖǗǗǚǕǞǞǙ 10 Funding: Private Ardgowan Distillery Industrial 9 PRC Architects Limited 5 67 Contractor: Morrison Construction Limited 10 Norder Design Associates Limited 1 55 EAST MIDLANDS Date: Nov 2017 – Jun 2018 8 ǖǗǗǙǛǖǝǖ Ǟǽǚ Funding: Private Medical & Health Plot C, Derby Commercial Park – 2 warehouses Contractor: Winvic Construction Limited
YORKSHIRE & HUMBER Date: Feb 2018 – Aug 2019 Education Rank Company Name Awards Value (£M) TOP TEN 9 ǖǗǗǝǞǝǛǙ Plot 19 Bankwood Lane, New ǞǽǙ Funding: Private 1 Winvic Construction Limited 27 690 Rossington – 11 industrial units Contractor: GNE Contracting Limited 2 Buckingham Group Contracting Limited 9 250 Key Contractors NORTH EAST Date: Nov 2017 – Jan 2019 Dec 2016 – Nov 2017 10 ǖǗǗǞǙǗǛǜ Follingsby Park – industrial ǝǽǚ Funding: Private 3 ISG 1 ǗǕǙ facility Contractor:,)"+1,+01/2 1&,+&*&1"! " !ƛ& " Ǚ A & H Construction & Development ǖǙ 180 5 Galliford Try Lagan Construction JV 1 135 6 /+Ɯ")!,+01/2 1&,+&*&1"! 8 121 7 Readie Construction Limited 7 116 8 Kier Group 12 96 9 Laing O'Rourke 1 90 10 Marbank Construction Limited 10 69
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ %"/ +(&+$1 )"0 /" ,*-&)"!#/,* / ,2/ ! 1 0" +! /" 0"!,+1%"1,1 )3 )2",# ,+1/ 10 4 /!"!,3"/1%"-/"3&,20ǖǗ*,+1%-"/&,!ǽ%"3 )2"0/"-/"0"+11%" ,+01/2 1&,+ ,01,#" %-/,'" 1ǽ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 0.9 0.3 2.1 1.2 12.6 11.2 0.1 4.8
DECEMBER 2017 10.7 % About Us 11.6 Economic Context 44.5 The Construction Sector MEDICAL & HEALTH… 44.5% East Midlands South East Residential Scotland tops East of England South West the regions this London Wales Infrastructure /$&+ )$/,41%#,/ month North East West Midlands North West Yorkshire & Humber Commercial & Retail contracts awarded Scotland Hotel, Leisure & Sport MEDICAL & HEALTH 8.1 Public hospitals dominate contract awards in November with Value of contracts by region Industrial 02/$"/&"0Ǿ%" )1% +!*"!& ) "+1/"0 )0,-/,3&+$-,0&1&3"ǽ Source: Barbour ABI
Medical & Health
350 Education ,+1/ 1 4 /!0 1&3&16&+1%"*"!& )ǔ%" )1% 300 0" 1,/&+ /" 0"! 6ǖǽǙʢ&+,3"* "/ǗǕǖǜ compared with October with total value of contracts Medical & health held steady 250 awarded at £141 million, based on a rolling three across November, increasing 200 *,+1% 3"/ $"ț0""#&$ǽǝǽǗȜǽ%&)011%"*,+1%)6 0)&$%1)6 6ǖǽǙʢ,+1%" increase was only marginal, comparisons with the *,+1% 21$/"4 6ǗǕǽǘʢ 150 same month in 2016 show growth of 20.3%. In the when compared to the same 100 1%/""*,+1%01,,3"* "/ǗǕǖǜ1%"1,1 )3 )2",# Increase contracts awarded was £435 million, an increase of 1&*") 016" /ǽ showing rolling 3 month average million) (£ Value on October 50 17.4% on the previous three month period and 15.1% NDJ FMAMJ JASONDJ FMAMJ JASON ahead of the comparable quarter in 2016. 0 2015 2016 2017 Hinderton Point, Lloyd Drive, Source: Barbour ABI Cheshire Oaks, Cheshire, CH65 9HQ 1.4% MEDICAL & HEALTH 8.2 T: 0151 353 3500 Project value showing 3 month moving average E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 MEDICAL & HEALTH… /$&+ )$/,41%#,/ ,+1/ 10 4 /!"!
Contract awards have remained relatively steady decrease on the same month in the previous year build time of 12 months and has been awarded to 02/$"/&"0Ǿ%" )1%ǔ*"!& ) "+1/"04&1%ǖǚʢǾ4%& % over the last 5 months, indicating that the sector is ț0""#&$ǽǝǽǖǔǝǽǙȜǽ"6 ,+1/ 1 4 /!0&+ )2!" &"/,+!,+&*&1"!ǽ ) +$4&)& "+"/ ) ,0-&1 )&+ ,*- /"01,Ǚǜʢ&+,3"* "/ǗǕǖǛț0""#&$ǽǝǽǘȜǽ%" now operating at a much lower level than for late 1%"ʐǛǽǚ*&))&,+,+#,/! ,20",1%"/ +! 6 Carmarthen has awarded the £5.4 million contract dominance of public hospitals in terms of contract 2015 and early 2016. +&1&+5"1"/4%& %&0 ǖǘ*,+1%-/,'" 11, for the extension of the existing maternity block to 4 /!0&+,3"* "/ǗǕǖǜ*" +11% 11%"/"* &+&+$ provide a specialist perinatal unit and has been +1"/0"/3"2&)!&+$"/3& "0ǽ%"-/,'" 14&))% 3" sub-sectors had a much smaller share. DECEMBER 2017 Projects by region awarded to Interserve Building Services Limited. total floor area of 2,196 sq m and will also include %") /$"01/"$&,+#,/ ,+1/ 1 4 /! 1&3&16 %"ʐǚǽǚ*&))&,+ /" 1/*,+!1/""1 ,0-&1 ) 40 parking spaces. &+,3"* "/4 0 ,1) +!4&1%ǙǙǽǚʢ0% /",# 2+&1&0#,/ +"51"+0&,+1,-/,3&!" 0-" & )&01 About Us ,+1/ 1 4 /!0Ǿ +&+ /" 0",#ǘǞǽǗʢ,+,3"* "/ /,,*Ǿ/" "-1&,+Ǿ1%"/ -6/,,*0Ǿ1%" 1/" +! Types of projects ǗǕǖǛǽ%&04 0#,)),4"! 6 )"04&1%ǖǗǽǛʢǾ ,ƛ& "0&+ ǘ01,/"6!"3"),-*"+14&1% 1,1 ) Public hospitals dominated contract awards in Economic Context +&+ /" 0",#ǝǽǖʢ,+,3"* "/ǗǕǖǛǾ +!1%" #),,/0- ",#ǞǞǝ0.*ǽ%"-/,'" 1&0!2"1, ,3"* "/ǗǕǖǜ 1ǜǙʢ0% /"Ǿ +&+ /" 0",#ǙǗʢ ,21% 014&1%ǖǖǽǛʢǾ4%& %/"-/"0"+10ǘǖǽǛʢ ,**"+ "&+ " /2 /6ǗǕǖǝ4&1% +"01&* 1"! ,+,3"* "/ǗǕǖǛǽ%"0" ,+!) /$"010" 1,/4 0 The Construction Sector
Residential 0 1 5 0 15 5 ,1) +!% ! ǙǙǽǚʢ0% /",#1%" ,+1/ 1 4 /! Infrastructure 0 value in November, including the Golden Jubilee 42% Commercial & Retail ,0-&1 )&+)6!" +(4,/1%ʐǘǙǽǚ*&))&,+Ǿ*,/"1% + Increase in public Ɯ3"1&*"01%"3 )2",#1%"0" ,+!) /$"01-/,'" 1ǽ%" hospital contracts Hotel, Leisure & Sport % 16-",#-/,'" 104 0)"! 6%,0-&1 )04&1% ǜǙʢ0% /" compared to ,# ,+1/ 13 )2",+1%"*,+1%Ǿ +&+ /" 0",#ǙǗʢǽ November 2016 Industrial
Medical & Health MEDICAL & HEALTH 8.4 % +$",# 1&3&16 6/"$&,+ț0&+ ",3ǗǕǖǛȜ | Source: Barbour ABI 74 Education -4.6% 01&!) +!0 -31.6% ,21% 01 Hospices, Nursing Public Hospitals & Psychiatric -0.2% 01,#+$) +! ʭǝǽǝʢ South West Homes Secure Hospitals Kennels & Catteries Surgeries, Health +6.5% London ʭǝǽǖʢ Wales & Medical Centres Mortuaries Veterinary ȒǕǽǝʢ ,/1% 01 -11.3% "01&!) +!0 Surgeries & Private Hospitals Hospitals -12.2% ,/1%"01 Ȓǖǽǝʢ ,/(0%&/"ǔ 2* "/
Arrows indicate change since November last year +39.2% Scotland
Hinderton Point, Lloyd Drive, MEDICAL & HEALTH 8.3 +39.2% Increase for Scotland Cheshire Oaks, Cheshire, CH65 9HQ Type of projects awarded Top Ten Source: Barbour ABI HOTTEST REGION compared to last year CLIENTS, ARCHITECTS, T: 0151 353 3500 CONTRACTORS & PROJECTS E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 MEDICAL & HEALTH… /$&+ )$/,41%#,/ ,+1/ 10 4 /!"!
Rank Company Name Awards Value (£M) TOP TEN TOP TEN 1 Aneurin Bevan Health Board 1 220 2 NHS Grampian 6 196 Key Clients Projects Dec 2016 – Nov 2017 Contract awarded November 2017 3 Frimley Health NHS Foundation Trust Ǚ 78 Ǚ Manchester Metropolitan University 1 75 DECEMBER 2017 5 NHS Lothian 1 60 Value Rank PID Project Name (£M) Details 6 NHS Orkney 1 59 SCOTLAND Date: Apr 2018 – Apr 2021 7 Royal National Orthopaedic Hospital NHS Trust 1 ǙǞ 1 ǖǗǘǗǙǕǚǜ Golden Jubilee Hospital – ǘǙǽǚ Funding: Public About Us Clydebank Contractor: Kier Scotland 8 National Waiting Times Centre Board 2 35 SOUTH WEST 9 The Howard de Walden Estates 3 31 Date: Nov 2017 – Dec 2018 Economic Context 2 12310123 Wonford House – Mother & Baby Ǜǽǚ Funding: Public 10 Brighton & Sussex Universities Hospitals NHS Trust 1 29 +&1țȜȔǗǗ Contractor: Interserve Building Services Limited
LONDON Date: Feb 2018 – Feb 2019 The Construction Sector 3 ǖǗǗǞǙǗǞǕ Great Ormond Street Hospital ǚǽǚ Funding: Public Project 1 – IMRI unit – P22 Contractor: Kier London Limited Rank Company Name Awards Value (£M) TOP TEN WALES Residential 1 BDP 5 319 Date: TBC – TBC Glangwili General Hospital – Key Architects Ǚ ǖǗǘǗǘǙǘǝ ǚǽǚ Funding: Public 2 Norr Ǚ 232 Women & Childrens Department Contractor: Interserve Building Services Dec 2016 – Nov 2017 Phase 2 Infrastructure 3 Pozzoni Design Group 2 81 SOUTH EAST Ǚ PM Devereux Ǚ 62 Date: Dec 2018 – Dec 2020 5 ǖǗǗǙǝǞǗǘ Heatherwood Hospital – Block 5 Funding: Public Commercial & Retail 5 Keppie Design 2 59 ǙǕ/"#2/ &0%*"+1 Contractor: Logan Construction Limited 6 Murphy Philipps Architects Limited Ǚ 58 WALES Date: Dec 2017 – Feb 2019 6 12177336 ǙǽǙ Funding: Private Hotel, Leisure & Sport 7 IBI Group 5 Ǚǜ Porthcawl Primary Care Centre Contractor: Andrew Scott Limited 8 Mackie Ramsay & Taylor Ǚ 26 SOUTH EAST Date: Nov 2017 – Nov 2018 Industrial 9 Tangram Architects 2 25 7 ǖǗǗǗǖǖǙǝ St Lukes Hospital – reception & Ǚ Funding: Private 20 bed extension Contractor:"+Ɯ")!ǔ,5)"6&*&1"! 10 Gilling Dod Architects 6 23 Medical & Health SCOTLAND Date: Mar 2018 – Mar 2019 8 12260656 Murray House Nursing Home – 3 Funding: Private dementia care unit Contractor: 3B Construction Limited Education Rank Company Name Awards Value (£M) TOP TEN SOUTH WEST Date: Dec 2017 – Dec 2018 1 Kier Group 11 ǖǝǙ 9 12235258 Ǘǽǚ Funding: Private Bishops Cleeve Medical Centre Contractor: Henry W Pollard & Sons Limited 2 Interserve Plc ǖǙ 83 Key Contractors Dec 2016 – Nov 2017 NORTH WEST Date: Nov 2017 – Apr 2018 3 Robertson Group Limited 1 59 10 12280851 Salford Royal Hospital – Theatre 2 Funding: Public Ǚ John Graham Construction Limited 1 50 5 & 6 refurbishments Contractor:/,00Ɯ")!,+01/2 1&,+&*&1"! 5 Balfour Beatty Group Limited 1 ǙǞ 6 Vinci Construction 2 30 7 ISG 3 28 8 ,ƛ"6,+01/2 1&,+&*&1"! 3 28 9 Galliford Try Construction Ǚ 28 10 Laing O'Rourke 2 21
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ %"/ +(&+$1 )"0 /" ,*-&)"!#/,* / ,2/ ! 1 0" +! /" 0"!,+1%"1,1 )3 )2",# ,+1/ 10 4 /!"!,3"/1%"-/"3&,20ǖǗ*,+1%-"/&,!ǽ%"3 )2"0/"-/"0"+11%" ,+01/2 1&,+ ,01,#" %-/,'" 1ǽ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 5.2 7 6.2 3
4.8 15.5 DECEMBER 2017 9.7
% 1.9 About Us
Economic Context 21.1 20 The Construction Sector EDUCATION… 21.1% 5.8 East Midlands South East Residential South East tops East of England South West the regions this London Wales Infrastructure ,3"* "/0""0 month North East West Midlands North West Yorkshire & Humber Commercial & Retail static education sector Scotland Hotel, Leisure & Sport EDUCATION 9.1 Higher and further education facilities remain the largest sector, but Value of contracts by region Industrial 01 1"0" ,+! /60" 1,/ ,,01"! 6 /"" %,,)0 +!-/,'" 10ǽ Source: Barbour ABI
Medical & Health
800 Education %"3 )2",# ,+1/ 10 4 /!"!&+1%""!2 1&,+ 700 0" 1,/4 0ʐǚǖǘ*&))&,+&+,3"* "/ 0"!,+ 600 1%/""*,+1%/,))&+$ 3"/ $"ț0""#&$ǽǞǽǗȜǽ,+1/ 1 Education saw an increase values were also at £513 million in October 2017 ,#ǗǙʢ ,*- /"!1, 500 21 ,*- /&0,+4&1%,3"* "/ǗǕǖǛ0%,40 November last year as the 400 an increase of 24.0%. In the three months to sector held steady thanks 300 ,3"* "/Ǿ1,1 ) ,+1/ 1 4 /!03 )2"4 0 to boosts from Free Schools ʐǖǽǚ &))&,+4%& %&0 * /$&+ )țǕǽǗʢȜ!" /" 0" Increase on 200 on the previous quarter but an increase of 3.5% +!-/,'" 10ǽ showing rolling 3 month average million) (£ Value November 2016 100 on the comparable quarter in 2016. NDJ FMAMJ JASONDJ FMAMJ JASON 0 2015 2016 2017 Hinderton Point, Lloyd Drive, Source: Barbour ABI Cheshire Oaks, Cheshire, CH65 9HQ 24.0% EDUCATION 9.2 T: 0151 353 3500 Project value showing 3 month moving average E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 EDUCATION… ,3"* "/0""001 1& "!2 1&,+0" 1,/
Projects by region 2&)!&+$/,$/ **"ǽ%"ʐǜ*&))&,+-/,'" 1% 0 2&)!&+$ǽ%"-/,'" 1% 0 ""+ 4 /!"!1, * ʐǗǖ*&))&,+&!0 2/6 &$% %,,)&+ + %"01"/ +! %",21% 01% !1%") /$"010% /",#"!2 1&,+ been awarded to Wates Construction Limited and Construction and has a 24 month build timeframe the £19 million Discovery Innovation Centre at Heriot ,+1/ 1 4 /!0&+,3"* "/ 1ǗǖǽǖʢǾ4%& %&0 ,3"/ Ǘǝ*,+1%-"/&,!Ǿ "$&++&+$&+-/&)ǗǕǖǝǾ4&)) with works due to commence in December 2017. 11+&3"/0&16Ǿ!&+ 2/$%ǽ ǖǗǽǛʢ&+ /" 0",+ ,+1/ 1 4 /!0#,/,3"* "/ see the redevelopment of the school to provide new Another significant contract is for the delivery of ǗǕǖǛț0""#&$ǽǞǽǖǔǞǽǙȜǽ%") /$"01"!2 1&,+ 1" %&+$# &)&1&"0Ǿ) ,/ 1,/&"0Ǿ0-,/10Ǿ,ƛ& " +! 1%"+"4 11%"4 +" &$% %,,)&+ + %"01"/ Types of projects DECEMBER 2017 ,+1/ 1#,/1%",21% 014 01%"ʐǗǚ*&))&,+ kitchen facilities. +!% 0 ""+ 4 /!"!1, &+$ȉ,2/(",/1%"/+ %" ,))"$"0ȡ2+&3"/0&1&"002 0" 1,/ ,2+1"!#,/ Swan School in Oxford. Part of the Free Schools %"0" ,+!) /$"01/"$&,+4 01%",/1%"014&1% /") +!ǽ%"ʐǗǚ*&))&,+-/,'" 10&0!2"1,!")&3"/ the largest share in terms of contract awards values -/,$/ **"1%"-/,'" 14&))!")&3"/ +ǝǕǕ-) " 20.0% share, which compares with 11.2% share in --/,5&* 1")6ǞǾǕǕǕ0.*,#1" %&+$Ǿ,ƛ& "0Ǿ &+,3"* "/4&1%ǘǝʢǾ 211%&0 ,*- /"04&1%ǚǖʢ About Us comprehensive school which is scheduled to open ,3"* "/ǗǕǖǛǽ%" " )1% ++,3 1&,+"+1/"#,/ +1""+ +!01 ƛ/,,*#),,/0- "Ǿ ),+$4&1% 0% /"&+,3"* "/ǗǕǖǛǽ1 1"0" ,+! /60 %,,)0 in September 2019. Another key contract in the 1%"+&3"/0&16,# + 01"/&0 ʐǘǕ*&))&,+-/,'" 1 separate drama and sports halls over 2 structures on accounted for 32% share of contract awards this Economic Context ,21% 01&01%"/"!"3"),-*"+1,#1%"/ ("+% )" to provide approximately 9,113 sq m of research, a 5.4 hectare site. *,+1%4%& %&0 ǖǘʢ&+ /" 0",+,3"* "/ǗǕǖǛ School in Bracknell as part of the Priority Schools commercial and teaching floor space in a 5 storey Other notable education contracts include the ț0""#&$ǽǞǽǘȜǽ The Construction Sector
Residential 1 2 16 %",21% 01)"! ))/"$&,+04&1%Ǘǖǽǖʢ,# Infrastructure education contract awards on the month, 14% Commercial & Retail with largest project in the region being the Decrease in 38 ʐǗǚ*&))&,+4 + %,,)&+5#,/!ǽ,))"$"0 colleges/universities Hotel, Leisure & Sport % and universities led all projects with 38% of contracts compared 1%"3 )2"ǽ to November 2016 Industrial 32 Medical & Health EDUCATION 9.4 | Source: Barbour ABI 11 % +$",# 1&3&16 6/"$&,+ț0&+ ",3ǗǕǖǛȜ Education +4.7% 01&!) +!0 +12.6% ,21% 01 Nurseries -13.1% 01,#+$) +! +0.1% South West State Primary
State Secondary -4.2% London +4.3% Wales
Private Schools/ Colleges +0.6% ,/1% 01 +4.9% "01&!) +!0
Colleges/ Universities ʭǝǽǝʢ ,/1%"01 -17.5% ,/(0%&/"ǔ 2* "/ Special Schools -1.2% Scotland
Arrows indicate change since November last year
Hinderton Point, Lloyd Drive, EDUCATION 9.3 +12.6% Increase for South East Cheshire Oaks, Cheshire, CH65 9HQ Type of projects awarded Top Ten Source: Barbour ABI HOTTEST REGION compared to last year CLIENTS, ARCHITECTS, T: 0151 353 3500 CONTRACTORS & PROJECTS E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 EDUCATION… ,3"* "/0""001 1& "!2 1&,+0" 1,/
Rank Company Name Awards Value (£M) TOP TEN TOP TEN 1 Department For Education 38 330 2 /!&ƛ+&3"/0&16 7 321 Key Clients Projects Dec 2016 – Nov 2017 Contract awarded November 2017 3 Education and Skills Funding Agency ǗǙ 183 Ǚ Bournemouth University 2 115 DECEMBER 2017 5 Powys County Council 7 103 Value Rank PID Project Name (£M) Details 6 Essex County Council 21 93 SOUTH EAST Date: Jun 2018 – Jun 2020 7 University of Glasgow 6 92 1 12103607 University of Sussex – Life 70 Funding: Private About Us Sciences Building Contractor: Mace Limited 8 Hampshire County Council 26 ǝǙ LONDON 9 Ministry of Defence 2 80 Date: Jan 2018 – Jul 2019 Economic Context 2 ǖǗǗǙǙǜǙǚ New Sutton Passivhaus 36 Funding: Public 10 Leeds Beckett University 2 80 Secondary School Contractor: Willmott Dixon Construction Limited
YORKSHIRE & HUMBER Date: Feb 2018 – Aug 2019 The Construction Sector Leeds Beckett University – 3 12295265 30 Funding: Public Carnegie Teaching & Research Rank Company Name Awards Value (£M) Contractor: Galliford Try Construction TOP TEN Building Residential 1 Hawkins Brown Architects 9 386 Key Architects LONDON Date: Jan 2018 – Mar 2019 2 HOK International Limited Ǚ 280 Ǚ ǖǗǗǕǙǜǝǜ The Green School for Boys – 30 Funding: Private Dec 2016 – Nov 2017 former Woodbridge Park Contractor: Willmott Dixon Construction Limited Infrastructure 3 Stride Treglown Limited 25 218 NORTH WEST Ǚ Sheppard Robson 8 198 Date: Dec 2017 – Dec 2019 Lancaster University Bailrigg 5 ǖǗǗǙǘǖǝǚ 30 Funding: Private Commercial & Retail 5 Atkins 11 170 Campus Phase 1 – Health Contractor: BAM Construction Innovation Centre 6 Bond Bryan Partnership ǖǙ 169 Date: May 2018 – Nov 2019 Hotel, Leisure & Sport 7 AHR Building Consultancy Limited 23 ǖǙǙ SOUTH EAST 6 12158195 25 Funding: Public Swan School – Oxford 8 ADP 16 115 Contractor: ))&#,/!/6ț 2&)!#,/!Ȝ Industrial 9 Feilden Clegg Bradley Architects Ǚ 108 NORTH WEST Date: TBC – TBC 7 12296036 25 Funding: Public Matthew Lane High School 10 Scott Brownrigg Limited 8 107 Contractor: Laing O'Rourke Northern Limited Medical & Health NORTH WEST Date: Mar 2018 – Jun 2019 8 12279701 21 Funding: Public Didsbury High School Contractor: BAM Construction Education Rank Company Name Awards Value (£M) TOP TEN NORTH WEST 1 Kier Group 95 ǜǙǕ Date: Nov 2017 – TBC Royton & Crompton School Key Contractors 9 12120085 19 Funding: Public 2 Willmott Dixon Construction Limited 53 502 – Priority School Building Dec 2016 – Nov 2017 Contractor: Galliford Try Construction North 3 BAM Construction 26 Ǚǚǚ Programme SCOTLAND Ǚ Galliford Try Construction 29 301 Date: Jan 2018 – Jan 2020 10 ǖǗǗǙǚǞǗǖ Heriot Watt University – 19 Funding: Private 5 Morgan Sindall Plc 50 296 Discovery Innovation Building Contractor: Bowmer & Kirkland Limited 6 Wates Construction Limited 18 250 7 Balfour Beatty Group Limited 19 155 8 ISG ǖǙ 115 9 Bowmer & Kirkland Limited 10 ǞǙ 10 Multiplex 3 90
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ %"/ +(&+$1 )"0 /" ,*-&)"!#/,* / ,2/ ! 1 0" +! /" 0"!,+1%"1,1 )3 )2",# ,+1/ 10 4 /!"!,3"/1%"-/"3&,20ǖǗ*,+1%-"/&,!ǽ%"3 )2"0/"-/"0"+11%" ,+01/2 1&,+ ,01,#" %-/,'" 1ǽ T: 0151 353 3500 E: [email protected] W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 DECEMBER 2017
About Us
Economic Context
The Construction Sector
Residential
Infrastructure
Commercial & Retail
Hotel, Leisure & Sport Bespoke Research and Consultancy Industrial We put more into our research… you get more out Medical & Health
Education AMA Research is a specialist provider Our approach is pragmatic and straightforward, resulting in relevant recommendations, solutions of market research and insight to and advice. Research services include: the UK building and construction Market size, trends and market forecasts Organisational due diligence and acquisition studies industry. We offer a wide range of research and consultancy services Benchmarking studies Buying and specification processes to support and inform strategic Competition reviews Quantitative and qualitative attitudinal research decisions, based on over 25 years Distribution opportunities and threats in new and New product assessment and feasibility experience in the sector. existing markets
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ Get in touch now to find out how we can help your business. T: 0151 353 3500 [email protected] | 01242 235724 E: [email protected] www.amaresearch.co.uk W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Do you… Spend a lot of time visiting clients or on site? Do you wish you had more time to search for DECEMBER 2017 new business opportunities? label map About Us projects locations
Economic Context
The Construction Sector Introducing the share live Residential with updates team Infrastructure Barbour ABI Commercial & Retail
Hotel, Leisure & Sport mobile app save search Industrial searches filters Designed for field sales teams to search for projects Medical & Health nearby, the app is the fastest way to discover, qualify Education and process relevant and actionable sales leads and opportunities while on the move.
Hinderton Point, Lloyd Drive, Cheshire Oaks, Cheshire, CH65 9HQ T: 0151 353 3500 E: [email protected] www.barbour-abi.com BarbourABI BarbourABI Barbour ABI 0151 353 3500 W: www.barbour-abi.com @BarbourABI 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29