COMMERCIAL INTERIOR REFURBISHMENT AND FIT-OUT MARKET UK 2008-2012

Table of Contents

1. INTRODUCTION

2. SUMMARY

3. ECONOMIC ENVIRONMENT

• 3.1 GDP
• 3.2 INFLATION & INTEREST RATES
• 3.3 UNEMPLOYMENT
• 3.4 HOUSEHOLD CONSUMPTION
• 3.5 HOUSING & CONSTRUCTION
• 3.6 STERLING
• 3.7 POPULATION PROFILE
• 3.8 CONCLUSIONS

4. OVERVIEW OF COMMERCIAL FIT-OUT & INTERIOR REFURBISHMENT MARKET

• 4.1 DEFINITION
• 4.2 MARKET SIZE & TRENDS
  • 4.2.1 Construction Trends
  • 4.2.2 Impact of Cost Increases
• 4.3 PROSPECTS FOR FIT OUT & INTERIOR REFURBISHMENT
• 4.4 END USE MIX

5. OFFICES

• 5.1 OVERVIEW
• 5.2 RECENT DEVELOPMENTS
  • 5.2.1 End Use Sector Trends
  • 5.2.2 Fit-Out & Interior Refurbishment
• 5.3 PROSPECTS FOR FIT-OUT & INTERIOR REFURBISHMENT

6 RETAIL

• 6.1 OVERVIEW
• 6.2 RECENT DEVELOPMENTS
  • 6.2.1 End Use Sector Trends
  • 6.2.2 Fit Out & Interior Refurbishment
• 6.3 PROSPECTS FOR FIT-OUT / INTERIOR REFURBISHMENT
  • 6.3.1 Grocery Multiples
  • 6.3.2 Non - Grocery / High Street & Shopping Malls

7. EDUCATION

• 7.1 GENERAL OVERVIEW
  • 7.1.1 State Sector Schools
  • 7.1.2 Higher Education
• 7.2 RECENT DEVELOPMENTS
  • 7.2.1 End Use Sector Trends
  • 7.2.2 Fit-Out & Interior Refurbishment
• 7.3 PROSPECTS FOR FIT-OUT & INTERIOR REFURBISHMENT
  • 7.3.1 Primary & Secondary Schools
  • 7.3.2 Higher Education

8. HEALTH CARE

• 8.1 GENERAL OVERVIEW
  • 8.1.1 Public Sector
  • 8.1.2 Private Healthcare
• 8.2 RECENT DEVELOPMENTS
  • 8.2.1 End use sector trends
  • 8.2.2 Fit-Out & interior refurbishment
• 8.3 PROSPECTS FOR FIT-OUT & INTERIOR REFURBISHMENT
  • 8.3.1 Secondary NHS Healthcare
  • 8.3.2 Primary NHS Healthcare

9. LEISURE

• 9.1 SECTOR OVERVIEW
• 9.2 RECENT DEVELOPMENTS
  • 9.2.1 End Use Sector Trends
  • 9.2.2 Fit Out & Interior Refurbishment
  • 9.2.3 Prospects for Fit-Out / Interior Refurbishment

10. MARKET STRUCTURE & SUPPLY

• 10.1 STRUCTURE
• 10.2 MARKET ENTRY
• 10.3 MARKET SHARES AND LEADING PLAYERS
  • 10.3.1 Fit Out & Interior Refurbishment Main Contractors

11. INTERIOR FIT-OUT & REFURBISHMENT MAIN CONTRACTORS

TABLES AND CHARTS

• TABLE 1 CONTRACTORS OUTPUT - FIT OUT & INTERIOR REFURBISHMENT AT CURRENT PRICES (£M) 2002 -2012
• CHART 2 INTEREST RATES AND INFLATION (CPI) FROM 1990-2010
• CHART 3 PDI & SAVINGS RATIO AT CURRENT PRICES 1990-2010
• TABLE 4 EXCHANGE RATE FLUCTUATIONS 2000-2008 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES
• CHART 5 AGE DISTRIBUTION OF THE RESIDENT UK POPULATION 2001 (‘000)
• TABLE 6 CONTRACTORS OUTPUT - FIT OUT & INTERIOR REFURBISHMENT AT CURRENT PRICES (£M) 2002 -2012
• CHART 7 PUBLIC SECTOR CONSTRUCTION OUTPUT - % BY TYPE OF NEW WORK 2007
• TABLE 8 TRENDS IN KEY BUILDING PRODUCT PRICES 2006-2007
• TABLE 9 TRENDS IN AVERAGE WAGES FOR KEY FIT-OUT TRADES APRIL 2006 - APRIL 2007
• CHART 10 UK CONSTRUCTION NEW WORK ORDERS FOR KEY NON-DOMESTIC SECTORS AT CURRENT CONTRACTORS PRICES £ MILLION 2003 -2007
• CHART 11 UK INTERIOR FIT OUT & REFURBISHMENT MARKET BY END USE SECTOR BY VALUE - 2007
• CHART 12 CENTRAL LONDON OFFICE MARKET - OFFICE TAKE UP (MILLION SQ. FT)
• CHART 13 CENTRAL LONDON OFFICE MARKET - OFFICE VACANCY RATES %
• TABLE 14 CONTRACTORS OUTPUT IN THE OFFICE SECTOR 2002-2007 (£M)
• TABLE 15 FIT-OUT COST FOR COMMERCIAL OFFICE SECTOR (BY END USE) (£/SQ. FT.)
• TABLE 16 PRINCIPAL CITY CENTRE OFFICE MARKETS - DEVELOPMENT STATISTICS
• CHART 17 CENTRAL LONDON OFFICE MARKET - AREA UNDER CONSTRUCTION (MILLION SQ. FT)
• TABLE 18 CONTRACTORS NEW WORK OUTPUT IN THE COMMERCIAL OFFICE SECTOR 2008-2012 (£M)
• CHART 19 CENTRAL LONDON OFFICE DEVELOPMENT PIPELINE 2007-2010
• CHART 20 REGIONAL CITY OFFICE DEVELOPMENT PIPELINE 2007-2010
• TABLE 21 KEY BUSINESS PARK DEVELOPMENTS IN THE PIPELINE - 2007
• CHART 22 NUMBER OF UK VAT BASED RETAIL ENTERPRISES (SIC 52) 2000 -2007
• TABLE 23 NO. RETAIL ENTERPRISES IN KEY MARKETS FOR FIT OUT & INTERIOR REFURBISHMENT 2001 -2007
• CHART 24 UK RETAIL MAIN SECTORS -ANNUAL TURNOVERS £M 2000 - 2006
• CHART 25 NET CAPITAL EXPENDITURE BY MAJOR UK RETAIL SECTORS (SIC 52) £M 2000 - 2006
• TABLE 26 MAJOR GROCERY MULTIPLES - CAPITAL INVESTMENT PROGRAMMES - 2007-08
• CHART 27 UK MARKET FOR CONVENIENCE STORES BY NUMBER OF OUTLETS BY TYPE OF OPERATION - 2007
• TABLE 28 MAJOR COOPERATIVE GROUPS - CAPITAL INVESTMENT PROGRAMMES - 2007
• TABLE 29 MAJOR GROCERY MULTIPLES - CAPITAL INVESTMENT PROGRAMMES 2008-2012
• TABLE 30 MAJOR HIGH ST. GROUPS - CAPITAL INVESTMENT PROGRAMMES 2008-2010
• TABLE 31 EDUCATION ESTABLISHMENTS BY TYPE IN THE UK - 2006
• TABLE 32 TOTAL NUMBER OF HIGHER EDUCATION INSTITUTIONS IN THE UK - 2005
• CHART 33 UK EDUCATION CAPITAL EXPENDITURE 2004-2008 (£ BILLION)
• CHART 34 AGE OF HIGHER EDUCATION BUILDINGS IN THE UK - 2004*
• TABLE 35 CONTRACTORS' OUTPUT OF EDUCATION SECTOR WORK (PUBLIC/PRIVATE) 1996-2007 (£M)
• TABLE 36 PROJECTED* NUMBER OF BSF SCHOOLS OPEN WAVES 1-7
• TABLE 37 NHS CAPITAL SPENDING - 2003-2008 (£M)
• TABLE 38 CONTRACTORS OUTPUT OF HEALTH SECTOR WORK (PUBLIC/PRIVATE) 2002-2007 (£M)
• TABLE 39 NHS CAPITAL SPENDING - 2006-2011 (£BN)
• TABLE 40 NHS PRIMARY CARE TRUST SPENDING ALLOCATIONS - 2003-2010 (£BN)
• CHART 41 KEY LEISURE SECTORS - NO. ENTERPRISES (2000 - 2007)
• CHART 42 TURNOVERS IN KEY LEISURE SECTORS 2000 - 2007
• TABLE 43 ENTERTAINMENT & LEISURE FACILITY CONSTRUCTION - CONTRACTORS OUTPUT FOR NEW WORK (£M) AT CURRENT PRICES 2002-2007
• CHART 44 NET CAPITAL EXPENDITURE IN KEY LEISURE SECTORS 2000 - 2007
• TABLE 45 HOTEL DEVELOPMENT PIPELINE - TOTAL ESTIMATED NEW BUILD HOTELS & ROOMS BY 2011