Developers press pause on new London office schemes as construction hits all time high

By Tom Lowe2024-06-10T06:00:00

Number of new starts in capital has fallen by almost a fifth in six months, Deloitte crane survey finds

Worried developers are pressing pause on new office schemes in London as the volume of commercial space under construction in the capital hits an all time high, according to Deloitte.

The firm’s latest London office crane survey found the number of project starts in the capital has dropped by almost a fifth in the last six months, with completions also in retreat.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community