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Keep up to dateBy Jordan Marshall2019-04-11T05:00:00
Construction cost inflation in London is starting to cool as the UK prepares to leave the EU signalling a slowdown in the market, research from Turner & Townsend has found.
T&T's International Construction Market Survey 2019 has revealed that construction cost inflation has risen by 2.1% in the UK capital, with average build costs now standing at £2,880m2.
Speaking to Building, Neil Bullen, global managing director for real estate at Turner & Townsend, said it was obvious that the tumultuous environment caused by Brexit was hanging over the industry.
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