Upward trend in Construction Activity for Leeds.

February 5, 2016

Positive news in the commercial construction sector with the Leeds Crane Survey for 2015 showing that the region has achieved a 9 year high for new schemes started with 16 new schemes having started during 2015. Full report can be read here.

 

Once again, with assumptions that residential property values will increase as demand soars and the positive employment outlook, ‘renewed confidence‘ is the term used by Angela Barnicle, head of Real Estate for Deloitte in Yorkshire.

  • 865,000 sq ft of office space under construction.
  • 224 hotel rooms under construction.
  • 213 residential units under construction.
  • 474 student bed spaces under construction.

Angela Barnicle is also quoted as saying: “It’s likely the residential market will continue to grow, linked to the increase in job opportunities being created by economic growth in the city. This will have a positive knock-on effect for other sectors, in particular leisure… ”

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

small house bird box
Estate Agent Talk

Families can move up the property ladder by paying 1% more in this city

Families in Suffolk can take a significant step up the property ladder with minimal financial stretch, as the team at Suffolk Pocket Door Company reveal that upgrading from a terraced house to a semi-detached home in West Suffolk costs just 1% more on average. Here Carl Benson, owner of Suffolk Pocket Door Company comments. Why…
Read More →
Breaking News

Breaking Property News 20/02/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Roome celebrates four years of helping students and growing universities’ revenue James Buck, co-founder of Roome sums up the 48-month journey so far, ‘Four years ago, we launched an app Owen Redman and I wished we had at university – a tool to make shared living not…
Read More →
Overseas Property

How to Find an Experienced Wedding Photographer in Greece

Choosing the Right Photographer Your wedding day is one of the most important moments of your life, and capturing it perfectly requires an experienced photographer. Greece offers stunning locations, from whitewashed villages to breathtaking sunsets. But how do you find the right professional to document your big day? Research and Recommendations Start by researching online.…
Read More →
Breaking News

Tenants Struggle as Shortage of Rental Housing Continues

Private sector tenants are continuing to struggle as new data highlights an ongoing shortage of homes to rent. Almost eight in ten landlords (77 per cent) across England and Wales reported strong demand from prospective tenants in the final quarter of 2024 according to research from Pegasus Insights. The data, compiled for the National Residential…
Read More →
Breaking News

New Platform Will Make Tackling Criminal Landlords Easier

Private sector tenants will find it easier to hold criminal landlords to account thanks to a new online platform being launched in Parliament today. The ‘My Housing Issue’ Gateway, designed by the TDS Charitable Foundation, will ensure tenants know where to take complaints related to rented housing. Research by the Foundation has found that 50…
Read More →
Breaking News

Continued growth recorded in auctioneering sector – Propertymark Auction Barometer

53% of members said that the number of lots exceeding their reserve price increased in Q4 2024 compared to the previous quarter. Only 12% reported a decrease. The highest percentage of those surveyed (41%) said that the number of lots available (for all auction types) increased in Q4 2024 in comparison to Q3. Members reported…
Read More →