Despite concerns at the end of last year that the market might have topped, 2015 has started at the same frenetic pace that we saw in 2014. Activity seems to be up in all sectors, and increasingly, all over the country, a strong showing in the regions during the second half of last year is evidence that investors have realised they need to look further afield than London to seek out better value. A lot of architects have had a hard time over the past few years, but at last they are also experiencing a resurgence. Commissions are up, staff numbers are up and fee income is gradually following suit even though the landscape is still competitive and margins are tight. The only cloud on their horizon is recruitment, the cruel impact of the downturn resulting in a lot of talent and resource leaving the profession altogether.
展开▼
