London office construction starts slump by half

skyline

Only 24 schemes began across capital in last six months

London saw the number of new office building starts in the last six months fall by nearly half, with only four new schemes getting underway in the Square Mile compared with the 11 that kicked off earlier this year.

According to the latest London Office Crane Survey, published twice-yearly by consultant Deloitte, the capital’s financial hub witnessed work start on 200,000ft² of development in the past six months, versus the 1.2 million ft² recorded by the previous survey.

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