London developers get cold feet
Series: Estates Gazette ; (0337) 13 September 2003, 34(1)Publication details: 2003Subject(s): Summary: The latest half-yearly survey of developers' intentions by DTZ shows that the lack of tenant demand has forced central London developers to reduce speculative development by 33% from six months ago. This is the fourth consecutive survey to record a drop and is greater than the previous six months' 15%. The survey examined 155 office schemes over 25 000sq ft with a total of 36.4m sq ft across central London, the fringes and Docklands which have planning permission but are not yet under construction. DTZ website http://www.dtzresearch.com/. Table.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3935-03 (Browse shelf(Opens below)) | 1 | Available | 123641-1001 |
The latest half-yearly survey of developers' intentions by DTZ shows that the lack of tenant demand has forced central London developers to reduce speculative development by 33% from six months ago. This is the fourth consecutive survey to record a drop and is greater than the previous six months' 15%. The survey examined 155 office schemes over 25 000sq ft with a total of 36.4m sq ft across central London, the fringes and Docklands which have planning permission but are not yet under construction. DTZ website http://www.dtzresearch.com/. Table.