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£21bn London prime residential development boom due

By: Language: English Series: Sustainablebuilding inc Propertyforecast ; (55) July 2011,14(1)Publication details: 2011Subject(s): Summary: Potentially 9000 or more new prime residential development units in London with a value in excess of £21bn will arrive on the market within the next nine years according to EC Harris's recent study with a peak of 4000 units worth £8bn in 2014/2015. The wall of development reflects extensive planning activity with 'paper only' opportunities increasingly translating into site activity. Suggests ways in which the current and future markets can be beaten by creating certainty, confidence and control in developments.
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Archive London Journal article L153609 (Browse shelf(Opens below)) 1 Available 153609-1001

Potentially 9000 or more new prime residential development units in London with a value in excess of £21bn will arrive on the market within the next nine years according to EC Harris's recent study with a peak of 4000 units worth £8bn in 2014/2015. The wall of development reflects extensive planning activity with 'paper only' opportunities increasingly translating into site activity. Suggests ways in which the current and future markets can be beaten by creating certainty, confidence and control in developments.