Construction in the South East Region 2009-2013

Construction in the South East Region 2009-2013 published by AMA Research in November, 2009. This report consists of 74 pages and the price starts from US $ 1150.

Introduction

Abstract

INTRODUCTION and OVERVIEW

AMA Research have published a brand new edition of a review of the Construction Industry in the South East of England, focusing on the structure of the area, change in the area and the key drivers behind that change.

Key areas in the report:

• An overall review of the South East Region.
• Analysis of South East construction market and comparison with overall GB performance.
• Sector analysis for South East Region including housing, domestic RMI, infrastructure etc.
• Focus on education and healthcare construction output in the South East.

Areas of particular interest:

• Analysis of construction output in the South East Region.
• Comparison of construction output in South East and Great Britain highlighting significant contribution made by the region.
• Importance of regeneration projects for future expansion of construction output - eg Thames Gateway and Olympic Park
• Forecasts of the construction output through to 2013 for each of the key sectors for South East construction.

Some of the companies featured include:

Balfour Beatty, BAM (HBG), Barratt Developments, Bellway, Berkeley, Bewley Homes Plc, Bouygues UK, Bovis Homes, Bovis Lend Lease, Carillion, Croudace Group, Galliford Try, Goldcrest Land plc, Kendrick Homes, Laing O' Rourke Lovell Partnership Homes, Miller, MJ Gleeson, Oakdene Homes Plc, Persimmon, Redrow, Taylor Wimpey, Telford Homes, Weston Homes Plc, Willmott Dixon.

Key areas covered in the report include:

OVERVIEW OF SOUTH EAST REGION

• Industrial and Commercial Profile - highlighting key clusters and areas of economic development in the South East.
• Regional Development Agencies - and importance of the role of regeneration to the region.
• Focus on education - output and role of BSF in region.
• Health Sector in the South East - value of new hospital building programme for the region and split by PFI/Public Capital Funded schemes.

SOUTH EAST CONSTRUCTION MARKET

• Review of construction output in South East Region - output 2003-08 with current forecasts to 2013, importance of South East as major contributor to total GB construction output.
• Analysis by Type of Construction Output - new work and RMI, analysis of new orders Q1 2007 to Q2 2009.
• Size of Construction Industry in South East - analysis of business by turnover and construction employment levels in the region.

CONSTRUCTION OUTPUT BY SECTOR

• Value of new housing in South East, split by public and private sector, new work & RMI housing starts & completions, forecasts of housing construction output to 2013.
• Analysis of the Infrastructure sector output 2003-08 and forecasts through to 2013.
• Analysis of the public sector output including new work and RMI with output forecasts to 2013.
• Analysis of the private industrial and commercial sectors including new work, RMI and new orders analysis, with forecasts through to 2013.
• Future Outlook - key factors influencing the short term 2009-2010, key factors influencing the medium term future covering 2010-2013. Overall structural mix changes in the South East construction industry.

CONTRACTOR PROFILES

• Key construction companies and contractors with significant presence in South East.
• Key housebuilding companies and contractors including national housebuilders and smaller South East regional specialists.

Table of Contents

CONTENTS and LIST OF TABLES & CHARTS

1. INTRODUCTION 7

2. SUMMARY AND FUTURE PROSPECTS 8

• 2.1 SUMMARY 8
• 2.2 FUTURE PROSPECTS 9

3. ECONOMIC ENVIRONMENT & DEMOGRAPHICS 11

• 3.1 INTRODUCTION 11
• 3.2 GDP 12
• 3.3 INTEREST RATES AND INFLATION 12
• 3.4 HOUSEHOLD CONSUMPTION AND SAVINGS RATIO 12
• 3.5 UNEMPLOYMENT 12
• 3.6 CONCLUSIONS 13

4. SOUTH EAST REGIONAL DRIVERS 14

• 4.1 INTRODUCTION 14
• 4.2 POPULATION AND SOCIO-ECONOMIC PROFILE OF THE SOUTH EAST 14
  • 4.2.1 Population 14
  • 4.2.2 Socio-Economic 15
• 4.3 INDUSTRIAL AND COMMERCIAL PROFILE 16
  • 4.2.1 Industrial and Commercial Clusters 16
  • 4.2.2 Education, Research and Development 17
• 4.3 REGIONAL DEVELOPMENT STRATEGIES 17
  • 4.3.1 SEEDA 18
  • 4.3.2 Greater London Authority 19
  • 4.3.3 Thames Gateway 19
  • 4.3.4 2012 Olympics 20
• 4.4 KEY SECTORS - HEALTH AND EDUCATION IN THE SOUTH EAST 23
  • 4.4.1 Education Construction 23
  • 4.4.2 Health Construction 25

5. SOUTH EAST CONSTRUCTION MARKET 30

• 5.1 TOTAL CONSTRUCTION OUTPUT IN THE SOUTH EAST REGION 30
• 5.2 NEW WORK AND RMI 32
  • 5.2.1 New Work 34
  • 5.2.2 Repair, Maintenance and Improvement 37
• 5.3 NEW ORDERS 38
  • 5.3.1 Quarterly Analysis New Orders 39
• 5.4 CONSTRUCTION BUSINESS SIZE 40
• 5.5 CONSTRUCTION EMPLOYMENT LEVELS 42

6. CONSTRUCTION ACTIVITY BY SECTOR 44

• 6.1 SECTOR ANALYSIS 44
• 6.2 THE HOUSING SECTOR 46
  • 6.2.1 Housing New Work Output 48
  • 6.2.2 Housing Starts & Completions 49
  • 6.2.3 Housing RMI 50
• 6.3 INFRASTRUCTURE 51
  • 6.3.1 Major Infrastructure Sectors in the South East 51
  • 6.3.2 Infrastructure Output in the South East Region 52
  • 6.3.3 Future Prospects 53
• 6.4 PUBLIC SECTOR 54
  • 6.4.1 New Work Output 55
  • 6.4.2 Public Sector New Orders 55
  • 6.4.3 Public Sector RMI 56
  • 6.4.4 Future Prospects 58
• 6.5 PRIVATE SECTOR COMMERCIAL AND INDUSTRIAL 58
  • 6.5.1 Private & Industrial New Work Output 59
  • 6.5.2 Private Commercial & Industrial New Orders 60
  • 6.5.3 Private Sector RMI Output 61
  • 6.5.4 Future Prospects 62

7. THE MAJOR CONSTRUCTION COMPANIES 64

• 7.1 CONSTRUCTION COMPANIES 64
• 7.2 HOUSEBUILDERS 66

APPENDICES 69

• 1. EDUCATION 69
  • 1.1 South East Schools by Type 69
• 2. HEALTH CONSTRUCTION 70
  • 2.1 PFI Schemes 70
  • 2.2 Public Capital Funded Schemes 72

TABLES AND CHARTS

• CHART 1 CONSTRUCTION OUTPUT (NEW WORK AND RMI) SOUTH EAST REGION 2003 TO 2013 - BY VALUE (£ BILLION AT CURRENT PRICES) 8
• TABLE 2 KEY ECONOMIC INDICATORS 2005 TO 2013 (% ) 11
• TABLE 3 DEMOGRAPHIC PROFILE OF SOUTH EAST REGION - NUMBER OF PERSONS (000' S) 15
• TABLE 4 2012 OLYMPICS - BREAKDOWN OF THE £9.3 BILLION FUNDING PACKAGE - SITE PREP/INFRASTRUCTURE, VENUES, TRANSPORT, MISC. - BY PROJECT. 21
• TABLE 5 PROGRESS OF BSF SCHOOL PROJECTS IN SOUTH EAST - PROJECTS HAVING ACHIEVED FINANCIAL CLOSE AUGUST 2009 24
• CHART 6 HEALTH SECTOR OPERATIONAL SCHEMES MIX OF PFI AND PUBLIC CAPITAL FUNDED SCHEMES FOR THE SOUTH EAST AND ENGLAND (UPDATED NOVEMBER 2008) - % BY VALUE 26
• TABLE 7 OPERATIONAL NEW HOSPITAL SCHEMES SOUTH EAST REGION - MIX BY STRATEGIC HEALTH AUTHORITY AREA (% BY VALUE) 27
• TABLE 8 SOUTH EAST REGION HOSPITAL SCHEMES HAVING APPROVAL CURRENTLY UNDER CONSTRUCTION OR THOSE WHICH HAVE NOT YET COMMENCED CONSTRUCTION (VALUE £M) 28
• CHART 9 CONSTRUCTION OUTPUT SOUTH EAST REGION 2003 TO 2013 - BY VALUE (£ BILLION AT CURRENT PRICES) 30
• TABLE 10 CONSTRUCTION OUTPUT IN SOUTH EAST REGION AS % OF TOTAL CONSTRUCTION OUTPUT GB 2003-13 VALUE (£ BILLION AT CURRENT PRICES) 31
• CHART 11 SOUTH EAST REGION MIX BETWEEN NEW WORK AND RMI ACTIVITY 2008 AND H1 2009 - % BY VALUE 33
• CHART 12 QUARTERLY ANALYSIS NEW WORK AND RMI OUTPUT IN SOUTH EAST Q1 2007 TO Q2 2009 - BY VALUE (£M AT CURRENT PRICES) 34
• CHART 13 SOUTH EAST CONSTRUCTION NEW WORK OUTPUT 2003 TO 2008 - BY VALUE (£ BILLION AT CURRENT PRICES) 35
• CHART 14 SOUTH EAST CONSTRUCTION NEW WORK OUTPUT FORECASTS 2008 TO 2013 - BY VALUE (£ BILLION AT CURRENT PRICES) 36
• TABLE 15 SOUTH EAST REGION CONSTRUCTION RMI OUTPUT 2003 TO 2008 - BY VALUE (£ BILLION AT CURRENT PRICES) 37
• CHART 16 SOUTH EAST CONSTRUCTION RMI OUTPUT FORECASTS 2008 TO 2013 - BY VALUE (£ BILLION AT CURRENT PRICES) 38
• TABLE 17 CONSTRUCTION NEW ORDERS SOUTH EAST REGION AND GREAT BRITAIN 2003-08 VALUE (£ BILLION AT CURRENT PRICES) 39
• CHART 18 VALUE OF CONSTRUCTION NEW ORDERS SOUTH EAST REGION Q1 2007 TO Q2 2009 - BY VALUE (£ BILLION AT CURRENT PRICES) 40
• CHART 19 SOUTH EAST REGION NUMBER OF BUSINESS UNITS INVOLVED IN CONSTRUCTION 2003 AND 2009 41
• TABLE 20 SIZE OF CONSTRUCTION BASED ENTERPRISES IN SOUTH EAST 2009 BY TURNOVER SIZE (£ 000' S) NUMBER OF ENTERPRISES (VAT AND/OR PAYE REGISTERED) 42
• TABLE 21 SOUTH EAST CONSTRUCTION EMPLOYMENT LEVELS 2006 TO H1 2009 - AVERAGE NUMBER OF EMPLOYEE JOBS (000' S) BY GOVERNMENT OFFICE REGION 43
• CHART 22 CONSTRUCTION OUTPUT BY SECTOR FOR SOUTH EAST REGION AND GREAT BRITAIN 2008 - % BY VALUE 44
• TABLE 23 SOUTH EAST CONSTRUCTION OUTPUT BY SECTOR 2008 & H1 2009 - BY VALUE (£ MILLION AT CURRENT PRICES) 45
• CHART 24 SOUTH EAST REGION HOUSING OUTPUT (NEW WORK AND RMI) 2003 TO 2013 - BY VALUE (£MILLION AT CURRENT PRICES) 46
• CHART 25 SOUTH EAST REGION NEW WORK HOUSING OUTPUT 2003 TO 2008 - BY VALUE (£MILLION AT CURRENT PRICES) 48
• TABLE 26 HOUSING STARTS AND COMPLETIONS IN THE SOUTH EAST 2003-2008 - BY VOLUME (NUMBER OF DWELLINGS) 49
• TABLE 27 HOUSING RMI OUTPUT IN SOUTH EAST REGION 2003-08 - BY VALUE (£ BILLION AT CURRENT PRICES) 50
• TABLE 28 INFRASTRUCTURE OUTPUT FOR GREAT BRITAIN AND THE SOUTH EAST 2003-08 - BY VALUE (£ MILLION AT CURRENT PRICES) 52
• CHART 29 SOUTH EAST INFRASTRUCTURE OUTPUT FORECASTS 2008 TO 2013 - BY VALUE (£ BILLION AT CURRENT PRICES) 53
• TABLE 30 PUBLIC SECTOR NEW WORK OUTPUT FOR GREAT BRITAIN AND THE SOUTH EAST REGION 2003-08 - BY VALUE (£ MILLION AT CURRENT PRICES) 55
• TABLE 31 PUBLIC SECTOR NEW ORDERS FOR GREAT BRITAIN AND THE SOUTH EAST REGION 2003-08 - BY VALUE (£ MILLION AT CURRENT PRICES) 56
• TABLE 32 PUBLIC SECTOR RMI OUTPUT SOUTH EAST REGION 2003-08 - BY VALUE (£ MILLION AT CURRENT PRICES) 57
• CHART 33 SOUTH EAST PUBLIC SECTOR NEW WORK AND RMI OUTPUT FORECASTS 2008 TO 2013 - BY VALUE (£ BILLION AT CURRENT PRICES) 58
• TABLE 34 PRIVATE SECTOR COMMERCIAL AND INDUSTRIAL NEW WORK OUTPUT IN THE SOUTH EAST REGION 2003-08 - BY VALUE (£ MILLION AT CURRENT PRICES) 59
• TABLE 35 PRIVATE COMMERCIAL AND INDUSTRIAL NEW ORDERS IN SOUTH EAST REGION Q1 2007 TO Q2 2009 - BY VALUE (£ MILLION AT CURRENT PRICES) 60
• TABLE 36 PRIVATE SECTOR RMI OUTPUT SOUTH EAST REGION AND GREAT BRITAIN 2003-08 VALUE (£ MILLION AT CURRENT PRICES) 61
• CHART 37 SOUTH EAST PRIVATE SECTOR NEW WORK AND RMI OUTPUT FORECASTS 2008 TO 2013 VALUE (£ BILLION AT CURRENT PRICES) 62
• TABLE 38 UK LEADING CONSTRUCTION COMPANIES WITH TURNOVER IN EXCESS OF £1.5BN 64
• TABLE 39 UK LEADING NATIONAL HOUSEBUILDING ORGANISATIONS WITH SIGNIFICANT PRESENCE IN THE SOUTH EAST REGION 67
• TABLE 1.1 SOUTH EAST - NUMBER OF SCHOOLS BY TYPE AT APRIL 2008 69
• TABLE 2.1 PRIORITISED AND NON-PRIORITISED PFI HOSPITAL SCHEMES IN THE SOUTH EAST REGION (VALUE OF OVER £10M) GIVEN APPROVAL SINCE 1997 70
• TABLE 2.1.1 PRIORITISED AND NON-PRIORITISED PFI SCHEMES IN THE SOUTH EAST REGION - WORK STARTED ON SITE AND THOSE YET TO PLACE OJEU NOTICES 71
• TABLE 2.2 PRIORITISED AND NON-PRIORITISED PUBLIC CAPITAL FUNDED OPERATIONAL HOSPITAL SCHEMES IN THE SOUTH EAST REGION (VALUE OF OVER £10M) GIVEN APPROVAL SINCE 1997 72
• TABLE 2.2.1 PRIORITISED AND NON-PRIORITISED PUBLIC CAPITAL FUNDED HOSPITAL SCHEMES IN THE SOUTH EAST REGION UNDER CONSTRUCTION OR YET TO COMMENCE CONSTRUCTION WITH VALUE OF OVER £10M GIVEN APPROVAL SINCE 1997

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