What's New

January 2020 - UK Housebuilding 2020 Vision
Here, we bring sharpness and clarity to the UK housebuilding industry's prospects after a tip top year in 2019 when the value acuity of the Sector rose 42% with a new record value recorded on 16 December of £47 billion. No bi-focals are needed this year either to determine the continued direction of travel.  See Papers

 

January 2020 - BVL UK Construction & Building Sector Index 2006 to 2019

Our Index provides a unique analysis of the publicly-listed UK construction and building industry over the past 14 years. It shows that in 2019, the Index, which comprises 71 companies, soared in value by 39% to £103.2 billion; and into three-figure-billions for the first time. Individually, Volution (the ventilation specialist) was the runaway winner with a 79% gain whilst Interserve lost 100% (sic) with support from Kier (minus 77%). See Papers

January 2020 - UK construction bolstered by infrastructure, housing and industrial through 2022

Experian, where Building Value is an advisor, has updated its forecasts for UK construction output by way of a winter warmer. Last year, 2019, looks like it will have been positive (+1.2% in real terms). 2020 will, however, be flat (minus 0.1%), overall, before forecast growth of 2.1% and 2.9% in 2021 and 2022 respectively. Over the forecast period, too, Infrastructure, Housebuilding and Industrial Building (largely warehouses) will lead from the front with Commerical Building being a conspicuous loser, albeit a putative recovery gestates in 2022. In sum, there is £8 billion of new work to be had over three years.

November 2019 - European construction output is forecast to grow at an average of just 1% per annum through 2022

The latest Euroconstruct Conference, the 88th, was held in Warsaw in November. It promulgated construction output forecasts for 19 nations and - for these combined - overall real growth last year looks set to have been 2.3%. However, in the current year the forecast is just 1.1%, followed by 0.9% in 2021 and 1.1% in 2022. From the Big Five, Spain and the UK lead the way (both on +1.9% per annum) with support from Italy but including a poor run in France and Germany. Of the smaller nations, Belgium, Ireland, Norway and Portugal as are all doing well as is Czechia in Central and Eastern Europe. 

August 2019 - Israel Nash
The entire staff of Building Value's Swedish office went to this one in Karlstad, central Sweden on a hot August night. Israel was in viseral form, too, and we got to hob-nob with him afterwards. It doesn't come much bigger or better. See him if you can on the next tour; and he goes everywhere.
March/April/May 2019: a musical spring

Building Value en masse saw Keith Urban ('Mr Nicole Kidman') in concert at the O2 Forum in Kentish Town and he shot out the lights. Beg, borrow or steal a ticket next time he comes around. More sedate but lovely - and full of nostalgia - were UB40 at the O2 Arena in April. it was a magical evening; and we met Astro. Nostalgia encore, too, with Daryll Hall & John Oates at Wembley, followed by sublimeness extraordinaire on four legs with Madison Violet in a room above The Queen's Head in Islington.

November 2018 - a musical autumn

The double bill to end all double bills took place at the O2 in November with The Steve Miller Band and John Fogerty (ex-Creedence Clearwater Revival) and the BVL Board was humbled to be there. Both band leaders are 70 plusers and were breath-takingly good. This was followed by Israel Nash at a tiny venue near Kings Cross - the boy is such a star (in everything that is good about that) and the incandescent Lera Lynn at the Zonnehuis in Amsterdam - and the Board met her after the show. 

September 2018 - Biffy Clyro unplugged RAH

There is only one thing better than Biffy Clyro in concert - electric - and that it Biffy Clyro unplugged. Indeed, it was a magical night at the Royal Albert Hall and a celebration of the band's work; the crowd, including the full BVL Board, knew every word of every song. Marvellous. 

January 2018 - Tony Williams of Building Value ranked Number One

Tony Williams was ranked Number One in Building & Construction in the annual Research Tree Analyst Rankings 2017.

November 2017 - BVL interviews Tony Pidgley of Berkeley for The Property Chronicle

An audience with the great man is a true occasion and he was on fine form. For example: what would like to hear God says when you arrive at the Pearly Gates? "I'll do anything you say, Tony". See Papers

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