Knight Frank reported a 2.1% rise in development land prices during the second quarter, underpinned by a shortage of available land. It said that house builders and developers now accounted for 16% of purchasers, up from 8% three months ago.
Tech’s role in meeting tenants’ needs was key theme at Mipim PropTech NYC event
The firm’s letting would account for most of the space at 21 St James’s Square
Sale of the 79,800 sq ft City of London building overlooking the Bank of England would reflect a yield of 3.8%
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