Main image: Greenwich Peninsula with pipeline towers (image by Vu City via NLA)
New-build activity stumbles in central London
New-build starts fell by 25.4% in Inner London in 2017 compared with 2016, while planning permissions dropped by 7.4% and completions by 6.1%
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Property market activity builds in Prime Central London
Knight Frank reports more exchanges going through above £2m, more offers being made, and more viewings taking place
Central London new-build prices to out-perform over five years, forecasts JLL
Property consultancy predicts that central London developments will see 17.6% price growth by 2023, while the wider PCL market will manage 15.
Prime Central London buyers’ firepower builds as supply declines
Knight Frank reports escalating pent-up demand for property in prime London, as sales prices continue to fall
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