The construction market in Europe is forecasted by GlobalData to decline by 2.8% in real terms in 2024, having grown by 1.1% in 2023. A key growth market will be the infrastructure market, with output rising by 0.9% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are Europe’s five largest single-family housing construction projects that were initiated in Q4 2024, according to GlobalData’s construction projects database.
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1. Wises Lane Residential Community
The project involves the construction of a residential community comprising of 675 homes out of which 81 are affordable in Sittingbourne, Kent, the UK.
Construction work started in Q4 2024 and is expected to be completed in Q1 2028.
2. Westerfield Road Residential Community
The project involves the construction of a residential community comprising of 815 homes on 43ha of land in Suffolk, the UK.
Construction work commenced in Q4 2024 and is expected to finish in Q3 2027.
3. Yew Farm Residential Community
The project involves the construction of 400 residential homes in Lincolnshire, England, the UK.
Construction work started in Q4 2024 and is forecast to complete in Q4 2027.
The main aim of the project is to provide residential facilities in the region. Buy the profile here.
4. Ankerhagen Residential Community
The project involves the construction of 240 townhouses on 1.9ha of land in Hamar, Norway.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2027.
5. Gravlingen Residential Community
The project involves the construction of 191 apartments and a 6,000m2 office building with six floors in Gravlingen, Central Jonkoping, Sweden.
Construction work started in Q4 2024 and is expected to be completed in Q2 2028.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
