June 2010 - Building Value delivers paper at 69th Euroconstruct Conference in Dublin

BVL’s Tony Williams delivered a paper entitled “Pitfalls, Recovery & Opportunities: case studies and lesson learned”. As Rafiki in ‘The Lion King’ says: “the past can hurt, but the way I see it, you can either run from it of learn from it”. And so it is, as we emerge from the worst economic and industry downturn for a generation, there are lessons to be learned and ways and means of benefiting from it. Similarly, there is life after death and the sunny uplit lands will return. See Papers.

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June 2010 - European Construction growth to be positive in 2011, after three down years

Euroconstruct, the premier forecasting unit for European construction activity, published its latest numbers for 19 countries in Zurich this month. These show that 2010 is expected to be negative again at -4.0%, following last year’s bumper fall of -8.8%. Ireland, Spain, Portugal and the Netherlands are the worst offenders this year. Germany begins a modest recovery in 2010 but only three other countries are positive (Finland, Sweden and Switzerland). In 2011, growth overall is forecast at +1.2% followed by +2.4% in 2012. Ireland, Spain and Portugal remain negative in 2011 (with Spain still in the red in 2012). The 'Big 5' all nudge ahead (and Italy is the best) in 2011-12, while the Nordics and Eastern Europe do very well (Sweden and Poland especially).

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April 2010 - UK Housebuilding in Q1

This time, our regular look at the Sector was over-powered by politics; and, regardless of who's in power, our empirical conclusion is that after every boom comes a bust. Expect a year of "consolidation" for the industry (and we don't mean mergers and acquisitions).

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