Bristol has ranked as the 13th most expensive city globally to build in, according to a new survey.
Arcadis’s International Construction Costs' report said that the UK city slipped by two places from last year, following Oslo (12th) and Macau (11th). Bristol was also named the second most expensive in the UK and Ireland, coming in behind London.
According to the report, entitled 'New Horizons', a number of factors impacted costs, including high levels of inflation, which continued to affect most cities globally. As a result, many of the top 10 most expensive cities remained unchanged from last year, including hotspots such as Munich, Copenhagen, and Zurich.
