Message from Dr. Joshua Netto, D.B.A
“Shell RE is our top-tier partner, and for the third year running since the formation of the CoE, we continue to bring tailored insights to meet the evolving needs of your portfolio.”
Dr. Joshua Netto, D.B.A Capital Discipline Centre of Excellence Lead
The Turner & Townsend Global PMO Team is pleased to present the third iteration of our Shell RE Market Insights report. This report aims to support the Shell RE community in achieving better outcomes by providing guidance on trends and emerging themes in strategically important locations, aligned with the recently completed OP24 exercise.
The rapidly changing landscape and work environment over the past few years have presented new challenges and opportunities. This report offers insights into key challenges, opportunities, trends, and projections for the global construction industry, ensuring you remain well-informed as our valued partner.
Comprehensive analysis
Source and validity of the cost data
This report offers a comprehensive analysis of global construction costs, drawing upon data from a diverse range of projects around the world.
Our research encompasses market trends, local challenges and opportunities, and cost breakdowns for labor and construction area.
To safeguard data integrity and comparability, we employed a standardized methodology in the production of this report. To dive deeper into the approach, please refer to the application and methodology page.
The data presented in this report is grounded in research conducted in Q2 2024 and is derived from sources such as Turner & Townsend's International Construction Market Survey 2024, Global Occupier Fit-out Report 2023, and Turner & Townsend’s country-specific market intelligence reports.
