Managing Director Rob McGlennon says: “Despite the political chaos and constant reports of economic uncertainty triggered by Brexit negotiations it’s not all doom and gloom. The commercial market is strong, and we are strong in commercial. The Deloitte Real Estate Crane Survey, for example, monitors construction activity in Belfast, Birmingham, Leeds and Manchester, as well as Dublin. In 2018 each city saw a sustained or increased level of development across a range of sectors including offices, residential, hotels, retail, education and student housing.
Simon Bedford, partner and regional head at Deloitte Real Estate, said: “To have construction figures this healthy is somewhat of a surprise given a myriad of market uncertainties. Developer confidence is a key indicator for economic health and to have this many significant construction-starts over the last 12 months, especially in speculative office schemes, is testament to the resilience of the regions and appetite for growth.” “We’re beating the winter blues with powerful growth,” Rob continues. “Our strategy is to follow the money and capitalise on growth areas with in-demand innovative products, and it’s working brilliantly! Our message to the market? Come on board if you want to grow!”
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