Following last week’s ONS output tonic, more good news as amount of awards up £2bn last month

Last week’s news that construction output had bounced back in January has been underlined by the latest data from information specialist Glenigan which said clients handed over £2bn more work in February.

On Friday, Office for National Statistics figures said output in the sector was up 0.9% compared to a 2.9% drop in December.

1 Leadenhall

Multiplex’s deal to build 1 Leadenhall is worth around £250m

And Glenigan said the momentum has rolled over into February with nearly £6.4bn worth of work awarded last month, an increase of almost £2.2bn from January.

The figures (see below) reveal the most work was awarded in the private housing sector, with firms here inking deals worth just over £1.22bn – or around 19% of all work handed out in the month.

After private housing the next most prolific sector was social housing, with clients here awarding firms £1.17bn of business.

This was followed by those in the industrial sector, at £718m and commercial clients awarding £670m worth of work.

Among the deals signed in the month were a brace for Multiplex – a £400³¾ scheme by Chipperfield Architects to turn the former US embassy in London’s Grosvenor Square into an upmarket hotel for Qatari Diar and a job to build Make’s 35-storey at 1 Leadenhall for Brookfield. The CM deal for its developer parent is believed to be around £250m.

And ISG inked a £50³¾-plus job to fit out the new King’s Cross headquarters of US tech giant Facebook.

Meanwhile, the data has also revealed that £10.6bn worth of projects were approved in February.

The private housing sector was the market with the highest value of projects approved, securing permission for 365 schemes worth almost £3.2bn.

After private residential, commercial achieved the second-highest value of approvals at £2.6bn – though £1bn of this was for a 10-storey building in King’s Cross that will be the home of pharma company Merck and where CPC is project manager.

Top spending clients - February 2021

The tables below show contract awards by sector for February put together by Glenigan. They are just a small part of the client information that is accessible through the ºÚ¶´ÉçÇø Boardroom Network. 

The ºÚ¶´ÉçÇø Boardroom Network is an easy to use portal where you will be able to access a wide range of vital business insight including research and tools to help bring your construction clients to life. Find out more at: /building-boardroom/

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Social housing

Ultimate company nameTotal number of projectsTotal value of projects
Newlon Housing Trust 1 £196³¾
London Borough of Camden 2 £130³¾
Bracknell Forest Borough Council 1 £124³¾
Shepway District Council 1 £70³¾
Strawberry Star Associates 1 £60³¾

Retail

Ultimate company nameTotal number of projectsTotal value of projects
Aldi 7 £17.72³¾
Opus Land 1 £12.02³¾
Tesco 5 £9.97³¾
Lidl UK 5 £9.5³¾
Co-operative Group 9 £6.07³¾

Private housing

Ultimate company nameTotal number of projectsTotal value of projects
Apache Capital/Birmingham City Council/Moda Living 1 £260³¾
Blackswan Property 1 £100³¾
Hub Residential/Wembley Link 1 £100³¾
Argent Group/London Borough of Haringey/TH DM 2 £65.441³¾
Blocwork/Grainger 1 £56³¾

Offices

Ultimate company nameTotal number of projectsTotal value of projects
1 Leadenhall Limited Partnership/BOP SARL/Brookfield Developments Europe 1 £400³¾
Argent Group/Facebook 1 £52³¾
Great Portland Estates/Knighton Estates 1 £50³¾
English Cities Fund/Morgan Sindall 1 £41³¾
DP9 1 £20³¾

Medical & scientific

Ultimate company nameTotal number of projectsTotal value of projects
Department of Health 30 £198.866³¾
Sanders Senior Living 1 £91.65³¾
AstraZeneca 1 £46.38³¾
United Kingdom Atomic Energy Authority 2 £25.8³¾
Department of Health/Leeds Teaching Hospitals 1 £21³¾

Industrial

Ultimate company nameTotal number of projectsTotal value of projects
Newlands UK 1 £98³¾
PLP & Knowsley Unit Trust 1 £86.094³¾
Next 1 £80³¾
Network Space/St Helens Council Home 1 £54³¾
anmoor Developments/Panattoni & LU UK V Sarl 1 £42.5³¾

Hotel & leisure

Ultimate company nameTotal number of projectsTotal value of projects
Grosvenor Group/Qatari Diar 1 £400³¾
Royal Borough of Greenwich 1 £55³¾
Shepway District Council 1 £20³¾
CSHV IUK ET PropCo/Invesco Real Estate 1 £19³¾
Haymarket 1 £15³¾

Education

Ultimate company nameTotal number of projectsTotal value of projects
London Borough of Tower Hamlets 1 £52³¾
University Of Leeds 3 £33.5³¾
University of Cambridge 1 £24³¾
East Dunbartonshire District Council 1 £23³¾
Barnfield College/West Herts College 1 £19³¾

Civil (infrastructure)

Ultimate company nameTotal number of projectsTotal value of projects
Department for Transport 5 £236.75³¾
Hampshire County Council 3 £35.1³¾
Cardross Asset Management/West Craigs 1 £20.385³¾
Creag Riahbach Wind Farm/Erg UK 1 £18.5³¾
Department for Transport/Hartpury College Governors 1 £16³¾

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* private housing awards data refers to external contracts only and does not include frameworks

** projects awarded by a joint venture are listed independently to both single party clients