Construction activity continues to decline across all commercial property sectors, with the amount of space underway nationally dropping to its lowest level since 2014. An interesting dichotomy is also emerging in office construction between London and the rest of the UK.
Crane drain: UK commercial property development sinks to 11-year low
Data on new starts suggests no imminent revival as construction costs remain high
CoStar Analytics
December 3, 2025 | 9:04 AM
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