Pandemic has cut construction cost inflation, consultants say – Independent.ie

Construction consultants Linesight are forecasting average construction cost inflation for this year of 1.75-2.25 pc.

hilst we had been seeing a levelling off from rates of 7-8 pc in recent years, much of that reduction is a result of the pandemic creating capacity in the industry and contractors reducing overheads.

To find out more about the sector, I chatted with Richard Joyce managing director Europe, Stephen Ashe director, and Fiona D’arcy group chief marketing officer.

Last year saw record turnover for Linesight, Mr Joyce told me and the firm now employs approximately 750 staff across 22 locations worldwide.

He attributes that result to the success of a three year plan to target the life sciences, data centre and private rented sector (P.R.S.) sectors, supplementing a strong position in the general commercial areas.

The firm has weathered the pandemic well, he told me, rapidly adapting to remote working and with productivity

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