It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.
It has become something of a tradition, given that we’ve been doing this now for over 30 years.
Here we speak to Sam Berry, Managing Director of the Berry Group.
As we look ahead to 2025, we predict a year of both challenges and opportunities for the East Midlands construction sector and the wider economy.
With on-going economic pressures, including rising interest rates and inflationary costs for materials, businesses in the construction industry will need to remain agile and innovative. However, we also foresee significant opportunities driven by government investment in infrastructure, housing, and sustainability.
The East Midlands is ideally placed to benefit from its strategic location and strong transport links, making it a hub for logistics and distribution projects. This, coupled with increased demand for affordable housing, is set to result in a surge in residential developments, especially in urban regeneration areas like Derby, Nottingham, and Leicester.
Sustainability will remain a key focus for the industry in 2025. The push for net-zero targets and stricter regulations around energy efficiency and carbon reduction means construction companies must prioritise green building practices, energy-efficient designs, and the use of sustainable materials.
This shift not only aligns with environmental goals but also meets the growing demand from clients who value eco-conscious projects.
Technology will play an increasing role in shaping the future of construction. From Building Information Modelling (BIM) to drones and AI-driven project management tools, innovation will be crucial for improving efficiency, reducing costs, and ensuring high-quality outcomes.
The skills shortage remains a pressing issue, and we hope to see a greater focus on apprenticeships and collaboration with local educational establishments to build a skilled workforce capable of delivering all the ambitious projects on the horizon.
Despite these challenges, the East Midlands is well-positioned for growth in 2025, driven by its central location and strong SME base.
However, rising material costs and interest rate fluctuations could still pose challenges, emphasising the need for careful planning and innovative approaches.
At the Berry Group, we remain committed to delivering high-quality developments that support the region’s economic ambitions and create vibrant spaces for businesses and communities to thrive.
