The U.K. government’s Modern Industrial Strategy, announced on June 23, represents a significant shift toward addressing the barriers that have long plagued the country’s commercial real estate development.
With its 10-year plan to “make it quicker and easier for businesses to invest,” the strategy directly tackles some of the most pressing challenges facing developers today, with promises to reduce grid connection times, streamline planning processes, cut electricity costs and provide an extra £1.2 billion (€1.4 billion/$1.62 billion) each year for skills until 2028–2029.
While the government’s commitment to “get Britain building” is welcome, commercial real estate development projects continue to face an increasingly complex landscape influenced by regulatory, economic and political factors. Development challenges in 2025 remain many and varied, with some investors pushing specification expectations to future-proof assets against further hikes in b
