Tough time for residential developers in London
Tough time for residential developers in London
- 2003
- FPDSavills Press Release 13 June 2003 (1) .
A lack of new supply has put Central London residential developers under pressure during 2003, according to a new report from FPDSavills. Traditionally, investors have accounted for between 50% and 70% of all stock sold each year. Less investor demand means that developers will need to focus on owner occupiers as the key source of demand. http://www.fpdsavills.co.uk/news.asp?content=%5Cuber%5Fnews%5C3359%2Ehtm&subcategory=none&contenttype=news&category=Home
CENTRAL LONDON
RESIDENTIAL MARKET
DEVELOPERS
INVESTORS
SUPPLY AND DEMAND
FPDSAVILLS
OWNER OCCUPIERS
A lack of new supply has put Central London residential developers under pressure during 2003, according to a new report from FPDSavills. Traditionally, investors have accounted for between 50% and 70% of all stock sold each year. Less investor demand means that developers will need to focus on owner occupiers as the key source of demand. http://www.fpdsavills.co.uk/news.asp?content=%5Cuber%5Fnews%5C3359%2Ehtm&subcategory=none&contenttype=news&category=Home
CENTRAL LONDON
RESIDENTIAL MARKET
DEVELOPERS
INVESTORS
SUPPLY AND DEMAND
FPDSAVILLS
OWNER OCCUPIERS