GB Office Construction: Grade A office supply shortage is setting the stage for a recovery in development
Decline in new work output in 2025 According to ONS data, office construction output experienced a significant decline of 20% in 2025, dropping to £10.2bn from a record high of £12.8bn in 2024 – the sector’s strongest performance in sixteen years. This downturn is primarily attributed to increased caution among developers and investors due to … Read more