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Regional Crane Surveys 2024

Construction is routinely looked to as a marker for the economic health of a city or region. Our Real Estate Regional Crane Surveys highlight this link between development and prosperity, examining the external influences and key market drivers of city centre construction.

Recommendations

North West | Deloitte UK

In the North West, Deloitte remains committed as ever to the continued growth and development of the region; underpinned by 700 dedicated professionals across our Manchester and Liverpool offices, we have a real and sustained impact on the North West economy.
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Northern Ireland | Deloitte UK

Deloitte in Northern Ireland currently employs over 1000 staff across a range of disciplines. Our approach combines insight and innovation from multiple disciplines, with business and industry knowledge, to help our clients excel anywhere in the world.
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Yorkshire & North East | Deloitte UK

Committed to the growth of the regional economy and local businesses, we offer a range of advisory services from our Leeds and Newcastle offices across a wide range of industries and sectors such as Financial Services, Public Sector, Private Markets, Manufacturing and Consumer Business.
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Inclusive growth content hub

Levelling up’, ‘Building back better’, ‘Inclusive growth’. For all nations and regions our goal is the same: supporting the UK to realise its full potential.
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Belfast

The Evolving City

Belfast is seeing some significant projects progressing. Belfast Grand Central Station will open to passengers before the end of 2024 and a large scale residential project is underway in the Titanic Quarter. Pipelines for hotels, purpose built student accommodation and residential look healthy indicating confidence in the city. A new vision for the waterfront has been positively received, and has potential to unlock further housing and commercial development adjacent to the river.

View report here

Birmingham

Still open for business

Birmingham has proved that it is still very much open for business despite the challenges it has faced in 2023. The construction industry has shown resilience in the face of adversity, and the city is maintaining a strong trajectory of development and growth. The survey data reveals a promising portrait of development activity across the last year, particularly in the residential and office sectors. The report derives key trends from the data to reveal what the future may hold for the city and the wider West Midlands.

View report here

Leeds

Momentum Continues

Leeds showcases record breaking activity across the office and student sectors as well as sustained strong residential delivery to create a critical mass of city centre living. The impacts of significant city connectivity and public realm investments are being realised that will assist in providing a more connected and accessible city region. The city’s anchor institutions and innovative culture are affording opportunities for the future inclusive growth of Leeds.

View report here

Manchester

Rising to the Challenge

Manchester and Salford have witnessed a remarkable period of growth over the past decade. Against this backdrop, and notwithstanding frequently reported macroeconomic and geopolitical challenges, this year’s Crane Survey results illustrate a continuing healthy performance. ESG and sustainability remain right at the top of the agenda, with office refurbishments dominating this sector. The pipeline for activity in 2024 and 2025 is strong for the office, residential and hotel sectors, whilst record levels of student bedspaces under construction provides a welcome step change for the two cities.

View report here

Get in touch

John Cooper

Partner

Marie Doyle

Partner

Zoe Davidson

Partner, Real Assets Advisory – Development