The industry is experiencing opportunities in the residential sector, with a marked switch from Private Rented Sector to publicly funded schemes and private commercial opportunities remaining active around healthcare, sustainability, IT/data, and tech-based companies. The supply chain seems relatively stable at present, but there is still nervousness in terms of fixed pricing, lead times and the ability to procure bonds at a competitive price.

The industry is calling for early engagement by utility providers to reduce completion delays, and for the increased use of modern construction methods to mitigate these challenges and improve the overall efficiency of construction projects.