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 ºÃÉ«ÏÈÉúTV Boardroom Network. 

The ºÃÉ«ÏÈÉúTV 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