Rider Levett Bucknall RLB

According to the Rider Levett Bucknall RLB 4th Quarter 2024 Construction Market Update for Australia, the Australian construction industry faces a complex and challenging landscape as we approach 2025, with economic, logistical, and labour-related hurdles impacting growth. Ewen McDonald, Director of RLB Oceania Research & Development said, “While the Australian economy is projected to grow by 2.1% in 2025, up from 1.2% in 2024 (driven by a recovery in consumer spending and strong government expenditure), the construction sector is grappling with significant issues.” He added, “Skilled labour shortages are a significant concern, driving up wage costs and creating intense competition for available workers in addition to many key challenges moving forward.” Read RLB's analysis ▸ https://lnkd.in/gtJ34x2s

We congratulate Managing Director Colin Kin on receiving the 2024 MND Medallion for Service Excellence. This well-deserved honour acknowledges his exceptional contributions to the iBuildSG Tripartite Committee and his commitment to enhancing professional recognition in Singapore. As the first Vice President of the Singapore Institute of Surveyors and Valuers (SISV), Colin has effectively championed initiatives such as the QS SkillsFuture Framework and the Accredited Professional QS (APQS) framework. His collaboration with the Building and Construction Authority (BCA) and iBuildSG has significantly influenced these vital programs. RLB in Singapore takes pride in its longstanding tradition of supporting local professional institutions and government advisory boards. Learn more about the APQS framework here. https://lnkd.in/g3Mqgbya

According to RLB's latest Infrastructure Forecast report, infrastructure construction in New Zealand has picked up over the past year, driven by strong population growth. RLB Director Ed Cook notes an easing in capacity pressures across the construction sector, contributing to slowing cost inflation. Lower material prices and steady global steel production are helping alleviate cost pressures in civil construction. Key trends include a stabilising outlook for construction costs by 2025, optimism around transport and water projects, and the potential impact of the Fast-Track Approvals Bill. Read RLB's analysis ▸ https://lnkd.in/gk_5tWrw

The 2024 RLB Global CSR Awards highlight the exceptional efforts of our employees in advancing philanthropic initiatives that make a lasting difference. This year’s winners - Naomi Coslovich for her community partnerships, the UK team for their support of Macmillan’s Mighty Hikes, and the Saint Lucia office for their rapid response to Hurricane Beryl - showcase the power of collective action and our shared commitment to People, Clients, the Environment, and the Community. These inspiring stories reflect how we continue to drive meaningful change for our communities and the planet. https://lnkd.in/gcwA6YhY

Sydney Metro Martin Place Precinct is a transformative urban project redefining connectivity in the heart of Sydney's CBD. This landmark development integrates state-of-the-art transport infrastructure with vibrant commercial, retail, and public spaces, creating a dynamic hub for the city’s growth. Discover how our expertise contributed to one of Sydney’s most ambitious projects, setting new benchmarks in urban design and functionality. "For the RLB team, supporting this vision from concept to completion has been challenging but rewarding and, on a personal note, a career-defining highlight. For the development industry, this project showcases the strength of collaboration and collective expertise at every step. And more broadly for Australia, the project heralds a new era for transport-oriented design." Oliver Nichols, Director, RLB in NSW Learn more about the innovative approach behind this world-class precinct. https://lnkd.in/gJtnfZYz

According to the Rider Levett Bucknall RLB Forecast 110 report – New Zealand Trends in Property and Construction – the outlook for construction remains weak for the coming year, but there are signs of a pick-up in demand beyond 2025. RLB’s Forecast 110 noted that near-term construction demand is soft. Construction activity fell slightly in the June 2024 quarter, reflecting a small decline in both residential and non-residential construction. Key points in this issue: ▪ Building activity mixed across regions but Auckland still the main driver ▪ Decline in building consents for education but strong demand for office developments ▪ Waikato and Otago lead weakness in non-residential construction demand ▪ Growth in non-residential building consents in Wellington and Auckland ▪ Construction cost inflation set to ease in the new year Read RLB's analysis ▸ https://lnkd.in/ggxR-gCt

Truth. Trust. Together. Tomorrow. These global values guide everything we do at RLB. This week, we celebrated something special: the launch of our refreshed values. These timeless principles shape our open and inclusive culture, uphold the highest ethical standards, and inspire progress across our organisation. Learn more about how these values are guiding our journey forward. Watch the video here or visit our website https://lnkd.in/gPtwG7Wt to explore the values in detail.

This year, Rider Levett Bucknall RLB celebrates 75 years of shaping Australia’s built environment. Since 1949, when Rider Hunt and Partners opened its first office in Melbourne, RLB has contributed to many of the nation’s most significant projects, helping to define the cities and communities we know today. As we reflect on this milestone, we highlight some of the projects that have defined our journey: ▪ Australian National University, ACT: Supporting the creation of a national centre for academic excellence. ▪ Sydney Opera House, NSW: Playing a pivotal role in delivering this globally recognised landmark and preserving its legacy. ▪ James Cook University, QLD: Bringing vision to life with the Engineering & Innovation Place, a hub for STEM learning. ▪ Melbourne Park Precinct, VIC: Overseeing a decade-long transformation of this world-renowned sporting and entertainment destination. ▪ Adelaide Oval, SA: Respecting tradition while delivering modern upgrades, including Australia’s first stadium-integrated hotel. ▪ Darwin Waterfront, NT: Converting an industrial site into a vibrant urban precinct for residents and visitors alike. ▪ Square Kilometre Array Telescope, WA: Enabling cutting-edge science with this ambitious global collaboration. These projects reflect our commitment to excellence and our role in shaping a better future. Read more about our 75-year journey on our website. Here's to the next chapter of making a lasting impact. https://lnkd.in/gYMmSG5a

Hiwa, The University of Auckland’s state-of-the-art Recreation and Wellness Centre, is now officially open. This stunning 26,000m² facility sets a new benchmark for recreation and wellness, featuring an 8-lane swimming pool, dive well, spa pool, sauna, gym, group fitness spaces, two sports halls (including one with a glass floor and LED markings for multi-sport use), an open-air rooftop with multi-sport turf and a running track, as well as inviting social and relaxation areas. Congratulations to The University of Auckland on this remarkable milestone. We’re proud to have supported this incredible project and would like to acknowledge the dedication of the RLB team - Hamish Dackers, Matthew Vandervecht, Steven Hansel, Rebecca Fan, Haylee Blows, Sylvia Hogg and Dylan Karamaena. A special thank you to the broader project team, including WARREN AND MAHONEY, Hawkins, Colliers, Beca, Marshall Day Acoustics, LandLAB_, Crossfire, a Jensen Hughes Company, Tonkin + Taylor, and many others, for bringing this vision to life.

The Ribbon and W Sydney Hotel is an architectural masterpiece that transforms Sydney’s skyline. RLB is proud to have contributed cost management and quantity surveying expertise to bring this iconic project to life. Pictured are Heath Majanggil and Jamie Ali at the site, standing beside the distinctive W symbol. Heath, a Year 10 student from SHORE with a passion for buildings, is exploring a future in Quantity Surveying and is eager to learn more about RLB’s undergraduate program. Jamie, visiting from RLB’s London office, is part of our Global Experience Exchange Program (GEEP), which fosters collaboration and shared knowledge across our global network. Their visit highlights the power of exchanging ideas across generations and geographies, inspired by the expertise of professionals like Doug RAYMENT, who played a pivotal role in delivering this remarkable project. Applications for our 2025 GEEP intake open next week. Learn more about The Ribbon and W Sydney Hotel: https://lnkd.in/gqaCtQGS