One of the expected impacts of the coronavirus (COVID-19) that brought the world to a halt in the first quarter of 2020 is the disruption to normal business activities and supply chains. The effect spreads through various industries and with the assumption of a six-month delay in construction activities, the forecast suggests property completions planned for 2020 in cities in the United Kingdom (UK) could decrease by more than one third, leading up to more completions in 2021 than originally planned. For more information on the Statista coverage of the coronavirus in the UK, see our report.
Forecast of total property completions planned before COVID-19 and now assuming 6 months delay in cities in the United Kingdom (UK) from 2020 to 2022
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Now
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Statista estimates. (April 8, 2020). Forecast of total property completions planned before COVID-19 and now assuming 6 months delay in cities in the United Kingdom (UK) from 2020 to 2022 (in million sq feet) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/800536/coronavirus-delay-real-estate-competions-cities-united-kingdom/
Statista estimates. "Forecast of total property completions planned before COVID-19 and now assuming 6 months delay in cities in the United Kingdom (UK) from 2020 to 2022 (in million sq feet)." Chart. April 8, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/800536/coronavirus-delay-real-estate-competions-cities-united-kingdom/
Statista estimates. (2020). Forecast of total property completions planned before COVID-19 and now assuming 6 months delay in cities in the United Kingdom (UK) from 2020 to 2022 (in million sq feet). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/800536/coronavirus-delay-real-estate-competions-cities-united-kingdom/
Statista estimates. "Forecast of Total Property Completions Planned before Covid-19 and Now Assuming 6 Months Delay in Cities in The United Kingdom (Uk) from 2020 to 2022 (in Million Sq Feet)." Statista, Statista Inc., 8 Apr 2020, https://www.statista.com/statistics/800536/coronavirus-delay-real-estate-competions-cities-united-kingdom/
Statista estimates, Forecast of total property completions planned before COVID-19 and now assuming 6 months delay in cities in the United Kingdom (UK) from 2020 to 2022 (in million sq feet) Statista, https://www.statista.com/statistics/800536/coronavirus-delay-real-estate-competions-cities-united-kingdom/ (last visited July 22, 2024)
Forecast of total property completions planned before COVID-19 and now assuming 6 months delay in cities in the United Kingdom (UK) from 2020 to 2022 (in million sq feet) [Graph], Statista estimates, April 8, 2020. [Online]. Available: https://www.statista.com/statistics/800536/coronavirus-delay-real-estate-competions-cities-united-kingdom/