What next for London’s development market?
Is London tapped out or are there still great development opportunities in the capital? This week Anna Ward is joined by James Barton and Nick Alderman from Knight Frank's development land team.
05 June 2024
In this episode, they explore where the new residential development opportunities might be, from Battersea to Hackney Wick. They also discuss who will be building these projects, the return of developers to the land market, as well as the withdrawal of housing associations, as well as the latest findings from Knight Frank’s poll of 50 volume and SME housebuilders. And the key challenges to building these developments: land scarcity, outdated council registers, and high build and finance costs. Plus, they look at whether there is a need for some flexibility in affordable housing criteria.
Don't miss this informative discussion on the opportunities and challenges shaping London's residential development scene.
REPORT: UK Res Dev Land Index Q1 2024
