Tall buildings across London fall back
The tall buildings pipeline slowed last year, with the application, permission, start and completion rates all falling.
With a slowdown at the top end of the market, further uncertainty both economically and politically, the figures won’t come as a shock to many.
However, the data also reveals, more and more applications are being proposed further into the suburbs, with the majority of towers now proposed within zones 3, 4 and 5, the complete reverse fro, just a few years ago, when nearly all towers were proposed in zones 1 and 2.
The build-to-rent market also makes up a sizeable chunk of the market, and will continue to do so going forward.
