Adapting to the 21% Decline in Project Starts in Construction Plant Hire

One of the areas of construction that is currently under pressure in the UK is that of office construction projects. The office construction sector is at its lowest level since 2015, alongside a 21% decline in overall construction project starts in the last year. For the office projects specifically, there has been a drop of over three million square feet in projects involving office space in the last 12 months. Construction plant hire plays a big part in furnishing these projects with machinery and equipment and is therefore hit by the same decline.
Despite this, there are promising signs for the future of construction as a whole, and as an industry that has always adapted to the changes within construction, we are confident that our streamlined approach to plant hire that focuses on quality standards and the best professional guidance, will provide our construction clients with a cost-effective way to complete projects without any diminishing returns in the standard of the product.
The decline of office construction
There are a few reasons why office construction projects have been in decline. High borrowing costs, higher costs for materials, and the rise of hybrid and remote working have left many businesses pondering downsizing office operations. While this might be scary to hear at first, as it does impact the plant hire industry, there are changes that we are happy to embrace.
Changing our approach for the future
There are fewer projects involving city-centre office blocks than there were in previous years, but other areas of the construction sector are growing, and that is positive news for the plant hire industry. Home improvements and residential extensions are on the rise, providing scope for plant hire for smaller developments. Investment into tech and science innovation is also on the rise, with high-tech, high-spec sites that will require our assistance to get off the ground, while there are plenty of national infrastructure projects that are in the pipeline, and we have an extensive history of supporting this sector successfully.
Adapting to the new construction climate with Ardent Plant Hire
Our team is constantly on the lookout for fresh innovations within the plant hire industry. Staying on top of the latest trends allows us to be flexible when it comes to what we can offer you. Our clients in the construction industry might be facing challenging times, but we’re here to help you stay ahead of the game too. We’re alert to the trends and nuances of the British construction sector, and whether you require assistance with plant hire for a small single project or for large, on-going infrastructure projects, our team is here to offer expert guidance on the latest models of plant hire. We’ll help you to stay efficient, to maintain high levels of safety, and to cut no corners in terms of quality, all within your budget.
As the construction sector shifts its focus and adapts to the current financial climate once more, our team is here to help. If you’d like to find out more about our construction plant hire service, please feel free to contact us today to arrange a consultation. Our friendly team is always happy to help. Contact us today calling 03333 202 555 or emailing hire@ardenthire.com.