Geopolitical events and conflict are driving up material costs and impacting housing production targets in England.
1 report, 1 independent
Updated Aug 18
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What happened
Geopolitical events and conflict are driving up material costs and impacting housing production targets in England.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A company based in Moray converted a house to a short-stay venue, leading to a shift in property management.Sub-event
Conflict is driving up material costs and affecting UK housing production targets.1 source
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The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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England
country in north-west Europe, part of the United Kingdom
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Savills
real estate services provider
Nothing else this week.
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- Fighting in the Middle East is causing pricing pressure within the construction industry.
- The Middle East conflict is impacting global financial markets, specifically affecting investment outlooks for companies like Cairn Homes and Janus Henderson.