James Bent, partner and head of Tuffin Ferraby Taylor’s (TFT’s) Birmingham office said in response to the Markit/CIPS survey, which revealed growth in UK construction activity hit a three-month low in May:
“While stated figures show a fall in new construction, we are seeing healthy refurbishment activity levels in the in retail, industrial and office sectors in and around Birmingham with a good pipeline workload for next 6 to 9 months.
“Increased levels of refurbishment are due to clients – mainly in the private sector - looking to add value to their buildings, making the most of existing assets by up-cycling to remove building obsolescence and improve sustainability.”
Have you any commercial property events you'd like to tell us about? It could be networking, exhibitions, seminars, industry lunches or sporting fixtures. We will list them for free. Just email newsdesk@propnews.co.uk with the following details: Event name, date, time, venue, cost, booking info and a brief description of the event.
To list your property job vacancies on Property News. Email: richenda@propnews.co.uk.