Large shopping centers were the most expensive type of retail spaces to construct in 2022. Meanwhile, the construction price of a prestige car showroom were just below 2,000 British pounds per square meter. The construction costs of both types of structures have increased significantly since 2016. Retail construction costs in other UK cities were lower than in London.
Average construction costs for retail spaces in London, United Kingdom, from 2016 to 2022, by type
(in GBP per square meter)
Characteristic
Large shopping centers*
Prestige car showroom
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Turner & Townsend. (July 7, 2022). Average construction costs for retail spaces in London, United Kingdom, from 2016 to 2022, by type (in GBP per square meter) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1339470/retail-building-cost-london/
Turner & Townsend. "Average construction costs for retail spaces in London, United Kingdom, from 2016 to 2022, by type (in GBP per square meter)." Chart. July 7, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1339470/retail-building-cost-london/
Turner & Townsend. (2022). Average construction costs for retail spaces in London, United Kingdom, from 2016 to 2022, by type (in GBP per square meter). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1339470/retail-building-cost-london/
Turner & Townsend. "Average Construction Costs for Retail Spaces in London, United Kingdom, from 2016 to 2022, by Type (in Gbp per Square Meter)." Statista, Statista Inc., 7 Jul 2022, https://www.statista.com/statistics/1339470/retail-building-cost-london/
Turner & Townsend, Average construction costs for retail spaces in London, United Kingdom, from 2016 to 2022, by type (in GBP per square meter) Statista, https://www.statista.com/statistics/1339470/retail-building-cost-london/ (last visited July 22, 2024)
Average construction costs for retail spaces in London, United Kingdom, from 2016 to 2022, by type (in GBP per square meter) [Graph], Turner & Townsend, July 7, 2022. [Online]. Available: https://www.statista.com/statistics/1339470/retail-building-cost-london/