Featured this week in the Financial Timers, Naismiths also gave input to articles for Construction News and Mortgage Introducer.
Giving his thoughts to these publications on the latest Construction market output figures, our Building Consultancy Director, Gareth Belsham, has a mixed analysis of the sector scene.
“The pain is easing, but this is all relative. Investor demand is brittle, new orders continue to decline at an alarming rate and many builders don’t have a sufficient pipeline of work to replace completed projects…”
Discussing 3rd quarter construction data output in City.A.M this week, Naismiths’ Director Gareth Belsham welcomes the recent ‘higher than expected’ figures.
“Construction has emerged as the economy’s ‘come back kid’. After months of flat or falling output, the sector came out swinging in the third quarter.”
“Activity is growing strongly, and the growth is refreshingly broad-based – with new infrastructure, commercial and residential building all up.”…
Read the insights from our National Director of Building Consultancy, Gareth Belsham, in Construction News today, reacting to the latest construction sector output figures and making his Brexit predictions.
“A Brexit deal – any Brexit deal – could uncork months of repressed demand and send output racing back up to more normal levels”…
As of October 2019, Naismiths has streamlined its service offering and rebalanced its leadership as part of its strategic growth plan. Having achieved annual revenue growth of 26% in the past year alone, and expanding our team of chartered surveyors by 37%, we are now consolidating our offering into three distinct service lines, with each team boasting specialist expertise and clear leadership;
• Building Consultancy: Directed by Gareth Belsham
• Project Monitoring: Directed by Marcus Higgins
• Asset Recovery: Directed by Ben Harwood
The new leadership structure coincides with the departure of former Managing Director, Blane Perrotton, who has been an important part of the success of Naismiths over the last 5 years and now moves on to pursue personal projects.
“This is an exciting growth period for Naismiths across the business, in both revenue and capability terms.
In order to build on our current momentum, we’ve simplified and consolidated both our offering and our business structure. With three clearly defined service lines, this model will improve our agility and enable us to take in our stride whatever Brexit has in store.
We take this opportunity to thank Blane Perrotton and wish him well in new ventures.”
– Gareth Belsham, National Director Building Consultancy
Naismiths are delighted to have been recognised for the great work we do and to have been shortlisted for the annual ‘Building Awards 2019 – Consultant of the Year’!
Good luck to all of the other nominees.
Fingers crossed…
Responding to ‘decade low’ construction figures from the IHS Markit Purchasing Managers’ Index, Naismiths’ Director Gareth Belsham spoke to CITYA.M. on what the drop in new order means for the sector.
“Whether the Brexit endgame brings an election, a ‘no-deal’ or both remains largely moot. For now all the construction industry can do is to batten down the hatches, complete existing projects and retain its capability in the hope that the final months of the year see an unblocking of three years of deferred investment.”…
With a looming Brexit threatening the numbers of skilled workers entering the UK, Blane Perrotton of Naismiths writes for ‘UK Construction’ on why the existing skills shortage in the UK construction sector is set to worsen…
“The skills crisis predates Brexit, and its roots lie in a worryingly entrenched demographic shift: the number of young people coming into the industry has steadily failed to keep pace with the number of old hands retiring or leaving it.
Construction has been allowed to develop a real image problem. A generation of British teenagers raised on – and aspiring to – Love Island has come to see construction work as dirty, dangerous and poorly paid.”…
Managing Director of Naismiths, Blane Perrotton, spoke to CITY AM responding to the Construction sector output fall for the third month in a row.
“At best this is respite, but not relief. Total construction activity is now only sliding rather than plunging.
“But behind the headline figure, the industry’s dashboard is blazing with warning lights.
“New orders are falling sharply, and order books are now thinner than the Government’s parliamentary majority”…
Is Britain’s turbulent real estate market pre-empting an end in permitted development?
The data in our new report and from the Office for National Statistics (ONS) has revealed that the boom in PD projects peaked in 2017, and has been on a downward trajectory ever since.
Download your copy of the Naismiths Knowledge White Paper, ‘Has PD Peaked’, to explore our data analysis and what it means for the industry as we know it…
Gareth Belsham, National Director of Building Surveying, writes for Development Finance Today on the topic of pre-Brexit stock taking.
“Lending has always been a competitive endeavour. But those who triumph in this game of risk and reward aren’t always the ones who keep their cards close to their chest. With the probability of a no-deal Brexit edging closer as 29thMarch approaches, there couldn’t be a more apt time for lenders to grasp the nettle and purge their books”…