International real estate advisor Savills reports that more than £900 million was invested in the UK Build to Rent (BTR) sector in the third quarter of 2026, taking year-to-date investment to more than £4 billion – above the level recorded at the same point in any previous year. In each
TWO notices have been issued by leading digital procurement specialist Pagabo to announce contract award decisions for the National Framework for Major Works 2026 and the National Framework for Developer-Led Schemes 2026. The frameworks are both set to launch on 19 October following the conclusion of mandatory eight-working day standstill
Commercial teams can ask plain-English questions across every project, package and supplier with answers drawn from their own live data, so they can see commercial risk before it erodes margin or delays the project’s programme. “Where are we losing money, and why?” Contractors using ProcurePro can now ask that question
the international Built Influence Awards programme for 2027 is officially launched and open for entries. Led by Senior Leader in the Built Environment sector, Gill Parker, the Built Influence Awards have been established with one clear purpose; to celebrate the people raising the standard of communications, championing the skill, judgement
Global engineering and sustainability consultancy appoints Richard Linacre and Ivana Poparic as Directors in its Life Sciences and Pharmaceuticals teams Ramboll has today announced the hires of Richard Linacre as Director (Pharmaceuticals) and Ivana Poparic as Director (Business Development & Strategic Advisory). Richard and Ivana bring complementary expertise that further strengthens Ramboll’s presence across the UK Life Science and Pharmaceuticals market, following a number of recent wins for
Kier is set to return to one of the UK’s most technically demanding health infrastructure programmes as the Government revives delivery of the UK Health Security Campus at Harlow following several years of reviews, delays and rising costs. A new Government business case proposes reinstating Kier’s pre-construction services agreement for
Ardstone has been ranked among the world’s top 50 core real estate investment managers, highlighting the growing scale of its institutional residential investment and property management platform in Ireland. The company has taken 49th position in the inaugural PERE Core 100, a global ranking measuring capital raised by private real
Fabrix and PATRIZIA have appointed McLaren Construction as main contractor for Walworth Corners, a 134,000 sq ft PBSA development at 182–202 Walworth Road in Elephant & Castle, and the first development being delivered through their London living joint venture. With unanimous planning consent secured in November 2024, the £55m construction
Residential and non-residential projects remain under pressure, while infrastructure and utilities work give the industry a much-needed lift Today, Glenigan releases the October 2026 edition of its Construction Index. The Index focuses on the three months to the end of September 2026, covering all underlying projects, with a total value
Vistry, the UK’s leading specialist mixed-tenure housebuilder, has secured planning consent from Oldham Council for 147 new affordable homes on the site of the former Oldham Mumps Railway Station. The Southlink development will transform 3.92 hectares of brownfield land into a new community delivered in partnership with First Choice Homes
International real estate advisor Savills reports that more than £900 million was invested in the UK Build to Rent (BTR) sector in the third quarter of 2026, taking year-to-date investment to more than £4 billion – above the level recorded at the same point in any previous year. In each of the past three years, Q4 has accounted for the largest share of annual investment. With a full quarter still to come, 2026 already ranks as the sixth highest year on record, suggesting that the sector is well placed to achieve a new annual investment record. Operational assets continue to attract significant investor interest, highlighted by Border to Coast Pensions Partnership’s acquisition of a portfolio of 866 Single Family Housing (SFH) homes from Leaf Living, which was founded by Blackstone and Regis. With a combined value of c.£400 million, the Savills advised acquisition represented the largest single transaction in the UK SFH sector so far this year. According to the advisor, development funding activity was concentrated outside London, with almost £300 million committed to suburban SFH schemes across five regions in England, highlighting the sector’s growing geographic reach. Royal London also agreed to forward fund 111 houses and 173 apartments in Newton Heath, Manchester, although the funding environment for city centre development remains challenging. Savills research also shows that rental growth was exceptionally strong during the summer. The Renters’ Rights Act came into force in May and has led to an acceleration in rents across England. England’s largest cities recorded stronger rental growth in the three months to August 2026 than their respective historic averages. Birmingham was the exception, where high levels of rental supply limited landlords’ ability to raise rents. This pattern extended across much of the country, with 72% of English local authorities recording stronger-than-average rental growth during the summer. Guy Whittaker, Head of Build to Rent Research at Savills, comments: “The acceleration in rental growth seen over the summer is likely to reflect a one-off adjustment in rents, rather than a sudden increase in tenant demand. Under the new legislation, landlords can no longer accept offers above the advertised rent. As a result, many have taken the opportunity to rebase asking rents to ensure they reflect prevailing market values.” Piers de Winton, Head of National Residential Investment & Single Family at Savills, adds: “Investment during the first nine months of the year provides encouraging evidence that 2026 could be a record year for the UK Build to Rent sector. Single Family Housing has been a particularly strong driver of activity, with investors continuing to pursue opportunities, underpinned by long term demand for high quality family homes. The growing scale and geographic reach of transactions also demonstrates the increasing maturity of the SFH sector and its ability to support delivery across a broad range of UK markets. “Importantly, this capital is helping to increase the supply of professionally managed homes at a time when demand significantly outpaces availability. Continued investment in the sector will have a vital role to play in delivering the housing urgently required in the UK.” Building, Design & Construction Magazine | The Choice of Industry Professionals
TWO notices have been issued by leading digital procurement specialist Pagabo to announce contract award decisions for the National Framework for Major Works 2026 and the National Framework for Developer-Led Schemes 2026. The frameworks are both set to launch on 19 October following the conclusion of mandatory eight-working day standstill periods. The National Framework for Major Works is set to include recognisable names including Morgan Sindall, Wates and BAM. Meanwhile, the National Framework for Developer-Led Schemes contract awards include Avison Young, Savills, Morgan Sindall Consortium, Capital & Centric and Cityheart. Respectively, the Major Works and Developer-Led frameworks have estimated total values of up to £5bn and up to £26bn. Compliant with the Procurement Act 2023 and Procurement Regulations 2024, both new frameworks will run for a term of four years and have been brought to market following the formation of a 10-year strategic delivery partnership between YPO and Pagabo. YPO is the centralised procurement authority for the frameworks, while Pagabo is the framework manager responsible for design, delivery and ongoing management. This marks the third generation of the hugely successful major works framework managed by Pagabo, with previous iterations helping to deliver construction projects with a total value of more than £3bn. Created to connect public sector organisations with appointed contractors that will collaboratively deliver quality service and value for money outcomes, the framework agreement can be used by sectors such as local government, NHS and health service providers, blue light, housing and education. David Llewellyn, construction and infrastructure director at Pagabo, said: “Our major works framework has a successful and recognisable legacy. Like its previous iterations, we expect this instalment will quickly begin to support the public sector in transforming built environment investments into positive outcomes for people, places and the planet. “Through our role as framework manager, we will help clients procure confidently and compliantly, with efficiency and powerful insights offered by purpose-built digital systems. Meanwhile, as people have come to expect from our frameworks, the public sector will be only moments away from an impressive collection of leading contractors vying for new contracts.” Suppliers appointed to the second generation of the National Framework for Developer-Led Schemes will support the public sector with a range of services including consultancy, legal support and development types. For the first time, development consultants and legal providers have been included to offer clients a turnkey procurement solution that provides ongoing support, full compliance, reduced risk, cost savings, greater collaboration and broader project outcomes. Jonathan Parker, development director at Pagabo, said: “Our developer-led procurement solution is a unique market leading delivering vehicle capable of bringing client ambitions to fruition and changing the landscape of our built environment, which has also successfully driven forward the regeneration sector in recent years. “Delivering projects worth £10.7bn in gross development value and more than 36,000 new homes, while overcoming prominent challenges such as viability and risk, we’ve built on the first version of the framework and remain confident that those appointed to this next generation version will be well positioned to ensure continuous quality, value for money, collaboration and impactful social value. We’re now offering a full turnkey solution that the public sector has been crying out for.” Both new national frameworks cover areas including the North, Midlands, Southwest, and Southeast of England, London, Scotland, Wales and Northern Ireland. Appointed suppliers will have access to Pagabo Group’s digital software offerings, including next generation social value platform ImpactOS and contract management platform Sypro, to support with enhancing the full lifecycle of procurement and project delivery. To learn more about Pagabo visit www.pagabo.co.uk and to access all procurement notices visit www.supplier.in-tend.co.uk/pagabo/home. Building, Design & Construction Magazine | The Choice of Industry Professionals
Commercial teams can ask plain-English questions across every project, package and supplier with answers drawn from their own live data, so they can see commercial risk before it erodes margin or delays the project’s programme. “Where are we losing money, and why?” Contractors using ProcurePro can now ask that question in Microsoft Copilot or Claude and get an answer from their own live commercial data in seconds.. The new Model Context Protocol (MCP) connectors link ProcurePro’s end-to-end procurement workflow directly to the AI tools teams already use. The launch reflects a wider shift in business software. AI models are widely available and easy to switch between, so the advantage is now in the data they draw from. In construction, this means the commercial detail behind every project, which general AI tools cannot see on their own. MCP is a shared standard that allows AI assistants to connect to software and read real-time data. In practice, this means customers can ask their AI tool of choice which trades are trending over budget across every live project, see what’s driving it, and act to mitigate risk on billions in spend, today rather than next quarter.. This is significant, as general AI tools will guess and hallucinate as it has no live view of suppliers or contracts. ProcurePro’s MCP connector gives AI tools a sovereign data layer to work from that is specific to every customer instead of filling gaps with assumptions. The UK’s 100 largest contractors averaged a pre-tax margin of around 3% in their latest accounts, and a quarter made less than 2% (TCI Top 100 2026, Company Watch). ProcurePro platform data says that one in four subcontracts is procured over budget. In that environment, an AI answer based on guesswork is a commercial risk. Alastair Blenkin, CEO at ProcurePro, said: “Construction has spent decades finding its problems in the rear-view mirror. Margin erodes late, and everyone moves on to the next job. Live, connected data flips from reactive to proactive. Industry leaders are no longer scraping 2 or 3%, they have their commercial intelligence at their fingertips and meaningfully grow margins. ProcurePro holds procurement activity across suppliers, contracts, quotes and project spend all in one connected system so the AI tools drawing upon the data can reason across the full picture rather than isolated fragments. Over time, that record-keeping turns into a commercial intelligence engine that spots patterns in supplier pricing and helps construction firms make better award decisions. Building, Design & Construction Magazine | The Choice of Industry Professionals
the international Built Influence Awards programme for 2027 is officially launched and open for entries. Led by Senior Leader in the Built Environment sector, Gill Parker, the Built Influence Awards have been established with one clear purpose; to celebrate the people raising the standard of communications, championing the skill, judgement and creativity that elevates the companies they work with and for, as well as the entire Built Environment sector. The skill of communication has never been more challenging and complex, with more platforms, more noise and more ways to spend, making it increasingly difficult to distinguish genuine impact. Whilst big budgets and impressive social numbers may catch the eye, but they do not always tell the full story with integrity. Great communications is about more than visibility, it is about relevance, influence and the value of expertly curated editorial in a crowded media landscape. The Built Influence Awards will shine a light on the true skill and talent in the built environment sector, across key sectors and disciplines. The carefully selected judging panel comprises key experts, including journalists and senior marketing professionals who are tasked with identifying the truly talented teams out there. Gill Parker, President of the Built Influence Awards and Chair of the judges comments: “I am incredibly excited to be launching this new and unique awards programme to recognise the talent within our sector. I began my career in marketing before moving into senior leadership within UK architecture and the wider built environment sector, as a result of which I have always advocated for marketing representation at the board level. Accurate and compelling storytelling is vital to driving business strategy, building trust, and unlocking an organization’s full potential. While our sector has not always been known for its marketing communications, we have witnessed monumental leaps forward in creativity and style. Marketing professionals are often the unsung heroes of our industry, and the Built Influence Awards provide a dedicated moment to recognise and celebrate this abundant excellence.” The experienced panel have a collective understanding on the different sectors and geographies, as well as being accomplished communicators, working for outstanding businesses. Closing date for entries is 20th November 2026, with judging taking place in January 2027. Winners will be announced in early March 2027. Please visit www.builtinfluenceawards.com and start planning your entry today. Building, Design & Construction Magazine | The Choice of Industry Professionals
Global engineering and sustainability consultancy appoints Richard Linacre and Ivana Poparic as Directors in its Life Sciences and Pharmaceuticals teams Ramboll has today announced the hires of Richard Linacre as Director (Pharmaceuticals) and Ivana Poparic as Director (Business Development & Strategic Advisory). Richard and Ivana bring complementary expertise that further strengthens Ramboll’s presence across the UK Life Science and Pharmaceuticals market, following a number of recent wins for the business. With over 30 years of engineering experience, Richard brings a wealth of market insight and pharma-sector expertise, underpinned by a proven track record in building trusted client partnerships, leading complex programmes and shaping high-quality outcomes across pharmaceutical and life science environments. In his role Richard will be focusing on co-ordinating Ramboll’s multi-disciplinary capabilities on projects across Life Sciences and Pharmaceuticals. This will include work both in the UK and internationally across the sector, delivering innovation with a focus on design excellence and sustainability. As Business Development & Strategic Advisory Director, Ivana will leverage Ramboll’s multidisciplinary expertise to support the delivery of complex projects and provide strategic counsel to clients across the life sciences sector. Having previously held positions at King’s College London, The National Institute for Health and Care Research (NIHR) and MedCity, Ivana is a highly respected scientist and a well-known expert in life sciences infrastructure development and ecosystems. She will bring considerable strategic advisory experience and a strong track record to Ramboll, having built partnerships across industry, investors, government, academia and real estate to support Ramboll’s growth and innovation. Together these appointments further enhance Ramboll’s ability to create new opportunities for collaboration and growth, enhance the company’s offering, and reinforce its commitment to supporting its clients across the Life Science and Pharmaceutical sector. Commenting on the appointments, Jason Layfield, Executive Director – Buildings, said: “We are delighted to be welcoming Richard and Ivana to Ramboll. Both arrive with a well-earned reputation for excellence in their fields and a proven track record of delivering commercial success. They will provide an important focal point and leadership for our pharmaceutical and life sciences teams in the UK. I am looking forward to working closely alongside them both.” Richard Linacre, Director – Pharmaceuticals added: “Ramboll’s track-record in delivering the highest quality of work speaks for itself and I’m excited to be joining a company that shares my commitment to providing across-the-board excellence to clients. I have been impressed by Ramboll’s expertise, collaborative approach and use of creativity to develop novel solutions, which provide real impact for projects of significant scale and the breadth in the sector. It’s a timely moment to be joining with both life sciences and the business experiencing growth and I’m glad to be here to help maximise the opportunity.” Ivana Poparic, Director Business Development & Strategic Advisory – said: “I am pleased to be joining Ramboll to help deliver further growth in life sciences and pharma in the UK. Ramboll already has a first-class reputation in this space, which is part of what made me so keen to take on this role. I have seen firsthand both the challenges and opportunities for life sciences development in the UK and Ramboll’s ability to exceed expectations to meet them through its holistic approach. I’m looking forward to delivering positive outcomes for our life sciences clients as their sustainable partner for change.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Kier is set to return to one of the UK’s most technically demanding health infrastructure programmes as the Government revives delivery of the UK Health Security Campus at Harlow following several years of reviews, delays and rising costs. A new Government business case proposes reinstating Kier’s pre-construction services agreement for the specialist H50 high-containment laboratory building, while a separate two-stage competition is expected to be launched for construction of the wider campus. The decision represents a significant step forward for the programme after the main construction supply chain was effectively suspended from 2022 as the Treasury and Department of Health and Social Care reassessed the project and its escalating cost. Ministers have now approved the programme business case, with the overall funding envelope standing at £3.52 billion. This includes VAT where applicable, inflation, risk allowances and relocation expenditure, with approximately £3 billion allocated to capital investment. Early works are scheduled to begin in 2028, ahead of main construction starting in the final quarter of 2029. At the heart of the development will be the H50 bioscience building, one of the most complex elements of the programme. It will contain Containment Level 3 and 4 laboratories designed to enable scientists to work safely with some of the world’s most dangerous pathogens. The building will also provide the UK’s first suited Containment Level 4 facilities for public health, allowing specialist scientists to operate in air-fed protective suits within a highly controlled laboratory environment. Retaining Kier for this element is intended to protect the programme against further delays. Officials concluded that replacing the contractor could require another 12 to 18-month procurement exercise, potentially jeopardising access to a highly specialised construction supply chain. Government assessments indicate that only three UK suppliers have the capability to deliver high-containment facilities at the scale required, demonstrating the specialist nature of the engineering, building services and construction expertise needed for the project. Alongside H50, a fresh two-stage tender is planned for the wider main campus construction package, with procurement expected to begin in November. This package will encompass Containment Level 2 and 3 laboratories, headquarters offices, logistics and security facilities, reception areas, education buildings and a new energy centre. The extensive infrastructure programme will also include utilities, roads, parking and external works. The successful main campus contractor will be required to coordinate closely with the separately delivered high-containment laboratory project. The existing main building is expected to be demolished to ground level, although officials are continuing to examine the most appropriate procurement and delivery strategy for the demolition works. Before the programme was paused, Kier had secured the specialist bioscience laboratory package, while Wates had been appointed to deliver arrivals, administration and logistics buildings together with refurbishment works. VolkerFitzpatrick had secured the infrastructure, external works and energy centre package. Previous contracts have subsequently either been terminated, expired or placed into suspension. Seven professional services packages are now also planned to support the renewed programme from 2027/28. Once completed, the Harlow campus will consolidate UK Health Security Agency scientific operations currently based at Porton Down and Colindale alongside its London headquarters. The programme aims to transfer as many as possible of the approximately 2,500 roles currently based across those locations. Validation and dual running of the new facilities are expected to begin in early 2034, reflecting the extensive testing and commissioning required for such technically sensitive laboratory environments. The campus is scheduled to become fully operational in September 2038. With the business case approved and construction procurement preparing to restart, the Harlow programme is moving back towards delivery as one of the largest and most technically complex public health construction projects planned in the UK. Building, Design & Construction Magazine | The Choice of Industry Professionals
Ardstone has been ranked among the world’s top 50 core real estate investment managers, highlighting the growing scale of its institutional residential investment and property management platform in Ireland. The company has taken 49th position in the inaugural PERE Core 100, a global ranking measuring capital raised by private real estate managers for core and core-plus strategies. PERE recorded $1.186 billion of capital raised by Ardstone during the five-year assessment period, placing the Irish property investment manager alongside some of the largest institutional real estate businesses operating internationally. The recognition comes as institutional investment continues to play an important role in the development, ownership and long-term management of purpose-built rental housing. At the centre of Ardstone’s residential strategy is the Ardstone Residential Income Fund (ARIF), which currently owns and operates approximately 3,100 homes across the Greater Dublin Area. The fund is focused on the mid-market rental and social housing sectors, connecting long-term institutional capital with the delivery and operation of new homes. The Irish Strategic Investment Fund is among the investors supporting ARIF, having committed €75 million alongside international pension fund capital. Its investment strategy is intended to help unlock new rental housing through forward purchase and forward funding arrangements. For the wider residential property sector, Ardstone’s ranking illustrates how Build to Rent and professionally managed rental housing are increasingly becoming long-term institutional asset classes rather than simply development opportunities. That approach places considerable emphasis on what happens after construction is completed. Property and asset management, resident experience, building performance, energy efficiency, maintenance and the creation of sustainable communities all become integral to protecting the long-term performance of residential investments. ARIF has also placed sustainability within its investment strategy, with objectives including the creation of sustainable, low-carbon residential assets that are better positioned to respond to future climate risks. The fund is classified as an Article 9 fund under the Sustainable Finance Disclosure Regulation. Ardstone said its position in the global ranking reflected the strength of its long-standing institutional investor relationships and the scale achieved through its specialist Irish residential platform. The wider PERE Core 100 also provides an indication of the scale of capital targeting lower-risk real estate strategies. The 100 managers included in the inaugural ranking collectively raised more than $223 billion for qualifying core and core-plus strategies during the five-year assessment period. For Ardstone, reaching the global top 50 provides further recognition of a residential platform that now spans thousands of homes and combines investment, development, ownership and long-term operation. As institutional capital continues to target professionally managed rental housing, the relationship between investment and the physical performance of residential buildings is likely to become increasingly important, placing property management, sustainability and long-term asset quality firmly at the heart of the sector’s future growth. Building, Design & Construction Magazine | The Choice of Industry Professionals
Fabrix and PATRIZIA have appointed McLaren Construction as main contractor for Walworth Corners, a 134,000 sq ft PBSA development at 182–202 Walworth Road in Elephant & Castle, and the first development being delivered through their London living joint venture. With unanimous planning consent secured in November 2024, the £55m construction contract will see the 0.34‑hectare brownfield site transformed to provide 283 student beds, 20 new affordable homes for social rent, retail and community space. Enabling works are underway, with completion targeted for Spring 2028. Walworth Corners is the first development being delivered through the joint venture established by Fabrix and PATRIZIA in 2025 with more than £100 million of investment capacity focussed on alternative living and affordable housing that responds to London’s housing needs while creating wider social and environmental value. PATRIZIA provides institutional equity to the partnership as part of its wider pan-European strategy to invest in sustainable and affordable housing. Earlier this year, Fabrix secured a £69.5m green loan from Aviva Investors in development financing for the project, bringing together institutional equity and debt to move the scheme into delivery. Designed by Howells through planning and RIBA Stage 3, with AFK as delivery architect, the scheme combines high-quality new construction with the targeted retention and extension of part of the existing concrete frame fronting Walworth Road. This will enable delivery of a new build quality scheme while reducing structural embodied carbon emissions by an estimated 21%. The all‑electric, nature‑positive development targets BREEAM Excellent, delivering 144% biodiversity net gain across the site and incorporating extensive green and blue roofs to support climate resilience and on‑site ecology. Filling an entire block at an important intersection of the historic London high street, the project will recast the building as an open, welcoming destination that supports Walworth’s existing and emerging communities. The scheme will turn what was a derelict and poor-quality retail frontage into an attractive and meaningful asset for the area, centred on community, food, and nature. Almost the entire ground floor will be public‑facing, with a 2,600 sq ft community kitchen co‑created with local charity Pembroke House, 5,100 sq ft new high‑street retail, and a publicly accessible 6,240 sq ft courtyard garden, bringing new activity and social infrastructure to the heart of Walworth Road. A new pedestrian route will improve permeability through the 60‑metre‑long site and draw people into the courtyard garden, designed by RHS Chelsea Flower ’Best-in-Show’-winning Harris Bugg Studio. Louis Duffield, Partner at Fabrix, said: “McLaren’s appointment is an important milestone for Walworth Corners and for the growth of our living portfolio. We have an exceptional team in place and are excited to be moving into construction on a development that will deliver much needed student accommodation and affordable homes alongside genuinely useful spaces for the wider community. “With institutional equity managed by PATRIZIA alongside Fabrix, together with £69.5m of development financing from Aviva Investors, Walworth Corners demonstrates our ability to structure, fund and deliver institutional quality living projects in London. We have a strong pipeline and want to do more with capital partners and landowners who share our ambition to create high quality, enduring places.” Tony Whyte, Divisional Director at McLaren Construction, said: “This project is an exemplar of sustainable, mixed-use development, combining the careful retention of part of the existing structure with high-quality new construction to create long-term social, economic and environmental value. By making efficient use of a centrally-located brownfield site, the development will deliver much-needed new homes, high-quality student accommodation and enhanced community facilities, while bringing increased footfall and vitality to an important high street. We recognise that the local community and surrounding assets are of great importance to Fabrix, and McLaren is equally committed to ensuring these relationships remain at the forefront of the project. We will continue to work closely and collaboratively with stakeholders throughout the construction phase, maintaining open communication and minimising disruption wherever possible. Our focus will be on delivering a high-quality development that not only meets its objectives but also leaves a lasting positive legacy for the area.” Marleen Bekkers, Fund Manager at PATRIZIA, commented:“Moving Walworth Corners into construction shows how institutional capital can translate into new homes in markets like London, where the need for housing remains significant. It is part of a wider strategy through which PATRIZIA is supporting the delivery of much-needed housing in markets across Europe.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Residential and non-residential projects remain under pressure, while infrastructure and utilities work give the industry a much-needed lift Today, Glenigan releases the October 2026 edition of its Construction Index. The Index focuses on the three months to the end of September 2026, covering all underlying projects, with a total value of £100 million or less (unless otherwise indicated), with all figures seasonally adjusted. It’s a report which provides a detailed and comprehensive analysis of year-on-year construction project starts data, giving built environment professionals a unique insight into sector performance over the last 12 months. The October Index suggests the industry is still waiting for the much anticipated “Burnham Bounce” to show up, especially in terms of project starts. Overall activity edged down 2% on the preceding three months and remains 18% below last year. Tough market conditions, stubborn borrowing costs and a Chancellor promising ‘fiscal discipline’ have kept the industry cautious and, so far, a new Prime Minister with big construction ambitions is yet to change that. The Autumn Budget on 28th October is the next big test for the Government, set against the backdrop of increased borrowing which has already overshot forecasts and talk of substantial tax rises which has made investors wary. Taking a closer look at Glenigan’s numbers, non-residential starts fell 15% against the preceding three months, with retail and hotel & leisure among the steepest drops. Again, the upcoming budget looms large, pointing to developers holding off until they know what the Treasury has in store; likewise until a greater degree of fiscal certainty returns, many commercial schemes are likely to stay on hold. However, it’s not all doom and gloom, Glenigan’s data shows a large spike in infrastructural activity in the previous quarter with civils project starts rocketing 101%, no doubt powered by the Government’s focus on the ‘Great British Grid’ as well as major transport and utilities upgrades. Commenting on the Index, Glenigan’s Allan Willen says, “A welcome surge in civil engineering projects partially offset a decline in residential and non-residential project starts during the last three months. Whilst private housing starts stabilised against the previous three months, they remained sharply down on a year earlier. “Looking ahead, the new first-time buyer scheme announced by the Prime Minister will hopefully help to rebuild market confidence and support a recovery in private housebuilding over the coming months. A Budget that gives developers certainty could get stalled schemes moving.” Drilling down into the sector verticals… Sector Analysis: Residential Residential is where the gap between promises and starts is widest. The Prime Minister has indicated the biggest council house building programme since the post-war era, backed by the £39bn Social and Affordable Homes Programme. The proposed commitments may lift the mood, but it’s yet to be seen in the analysis. It was another tough period for residential construction. Project starts stalled, declining 8% against the preceding three months and falling 33% compared with 2025 levels. Social housing bore the brunt of the slowdown. Project starts plummeted 33% against the preceding three months and fell 35% on the previous year. Private housing still accounted for the largest share of activity and showed small shoots of revival, rising 4% against the preceding three months. However, it remained 32% lower than a year ago. Sector Analysis: Non-Residential According to Glenigan’s data, non-residential project starts fell 15% quarter-on-quarter, finishing 16% below a year ago. Industrial was the bright spot in a weaker period for non-residential construction. Activity strengthened 20% against the preceding three months, although it remained 9% lower than a year ago. Office construction had a lacklustre period ending a period of consistently impressive results, with performance declining 15% against the preceding three months to stand 13% below the previous year. Hotel & Leisure struggled to gain traction, declining 20% against Q.3, dropping 25% under 2025 figures. Retail experienced one of the steepest drops in the sector, falling 23% quarter-on-quarter and remaining 26% beneath last year’s level. Sector Analysis: Public Sector Glenigan’s data revealed that Health construction was comparatively resilient and the public sector’s stand out performer, with an 11% rise above a year ago. Although starts dipped 2% against the preceding three months. Community & Amenity saw a modest decline of 5% against the preceding three months and remained 29% lower than last year’s level. Education, which had enjoyed a relative resurgence over the summer, experienced a particularly weak period with starts nosediving 41% compared with the preceding three months and standing 27% below the previous year. Sector Analysis: Civils Glenigan’s insights showed that Civil engineering was the standout performer of the Index period with work starting on-site more than doubling, soaring 101% against the preceding three months and standing 43% above the previous year. Infrastructure work led the way with an impressive uptick, with starts rocketing 130% against the preceding three months, to surge 43% higher than a year ago. Much of this growth can be attributed to the £58 million East Ayrshire EV Charging Points development which helped support overall sector activity. Utilities also had a strong spell, rising 73% quarter-on-quarter and stood 43% above last year’s level with the commencement of various schemes helping to support activity. Regional Outlook The North West experienced the strongest regional performance, rising 23% against the previous quarter, although activity is still 17% below last year’s level. Wales proved relatively resilient too, slipping 11% quarter-on-quarter and standing just 6% lower than a year ago. The South West and the East Midlands held up better than most over the quarter, with declines of 14% and 22% respectively. The annual picture makes for much harder viewing, starts in the South West and the East Midlands were 48% and 41% lower than the previous year. Scotland and the South East went through a sluggish spell, dropping 28% and 35% quarter-on-quarter and falling 45% and 54% year-on-year. London and Yorkshire weakened significantly, falling 43% and 45% quarter-on-quarter. Both spiralled below the previous year to 57% and 55% respectively. Four regions recorded steep drops. The
Vistry, the UK’s leading specialist mixed-tenure housebuilder, has secured planning consent from Oldham Council for 147 new affordable homes on the site of the former Oldham Mumps Railway Station. The Southlink development will transform 3.92 hectares of brownfield land into a new community delivered in partnership with First Choice Homes Oldham. Currently owned by Oldham Council and Transport for Greater Manchester, the site will be acquired by Vistry. It was cleared after the former Oldham Mumps Railway Station was decommissioned in 2009. All 147 homes will be affordable, comprising 125 homes for social rent, 11 for buy to rent and 11 for shared ownership. The scheme will provide 97 apartments and 50 family houses, with a mix of one, two, three and four-bedroom homes, including apartments, mews and terraced properties, semi-detached homes and detached houses. Three apartment buildings of three to four storeys will front Oldham Way. The homes will use a red multi-brick palette with grey roof tiles, reflecting Oldham’s character and complementing the nearby Princes Gate development. The consent is subject to planning conditions and legal obligations securing the full affordable housing scheme, biodiversity mitigation and enhancement measures, a 30-year Habitat Management and Monitoring Plan, and £743,607 towards education provision, public open space enhancement and off-site tree planting. The landscape strategy will retain existing trees where appropriate and add approximately 152 new trees, native hedgerows, mixed scrub, species-rich grassland and wildflower meadows. An avenue of lime trees will also be planted along Oldham Way. The site is within walking distance of Oldham town centre and close to Oldham Mumps Metrolink Interchange. New shared walking and cycling routes will connect Glodwick with the interchange, Southlink Business Park and the town centre, while the internal road layout has been designed to prevent through traffic into the Southlink Business Park. Public open space will include informal recreation areas, natural play features, seating and new green links. Matthew Parkes, Managing Director at Vistry Manchester & Cheshire East, said: “This consent is an important step towards bringing a prominent brownfield site back into productive use and delivering 147 high-quality affordable homes for Oldham. Working with First Choice Homes Oldham, we will provide a broad mix of homes and tenures to meet local needs, in a highly accessible location close to the town centre and Metrolink.” Mark Gifford, chief executive at First Choice Homes Oldham said: “The planning greenlight for Southlink is brilliant news. The building of 147 much-needed homes right in the heart of Oldham on a derelict brownfield site has taken a huge step forward. “This new community and its open spaces is an important regeneration project too. It will make a big difference to the town centre. I know the ambition is for it to act as a catalyst for more future developments. “FCHO is committed to building the homes people need, in the locations they want to live. Our partnership at Southlink with Vistry Group is going to deliver on those pledges and we are excited to be part of it. “We have also listened to what type of homes are needed and increased the number of family properties in the development to address that pressing issue here in Oldham. “Next steps over the next few weeks will happen at pace as we look to transfer land ownership and sign remaining contracts. The ambition is to have spades in the ground in November.” Building, Design & Construction Magazine | The Choice of Industry Professionals