‘Some notable buyers have decided PCL land now represents good value’ after further falls in Q4
Development land values in Prime Central London dropped by 5.6% through 2018, reports Knight Frank
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Savills has identified a significant "missing market" for new-build homes in the capital that property developers "cannot afford to miss out on."
Demand for development land ‘remains robust’
"Many new [residential development] sites are being soft marketed to test the appetite in the market," reports Savills, "and some have been launched now avoid competition with other sites later in the…
Resi development land values tick up
Development land values are rising again after two years of no growth; "higher costs associated with building energy efficient and sustainable homes are putting pressure on land values," says Savills.
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