London office starts plunged by nearly half between April and September

By Tom Lowe2024-11-28T07:00:00

Refurbishment projects in the capital also dived by 57% as spooked developers hold fire on schemes

Office construction starts in London have crashed by 42% since April as developers hold fire on schemes amid continued economic uncertainty, the latest Deloitte crane survey has found.

Refurbishment schemes also plunged by 57% and have been outpaced by new build starts for the first time in four and a half years.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community