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Residential Eye - Central London Development Market October 2013

Government initiatives have fuelled stronger UK consumer sentiment
and bolstered housing demand. The Central London residential
development market is reaping knock-on rewards. Domestic demand
is resurgent, supplementing overseas appetite.

Developers are keen to respond to this new wave of heightened demand
by readying themselves for action. They responded to the first wave last
year, which is now bearing fruit as development starts have increased
notably. But new permissions and applications have slowed, raising
the question as to whether developers can rise to meet the demands
of re-energised British and international buyers.​

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