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London office starts plunged by nearly half between April and September

By 2024-11-28T12:58:00

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Refurbishment projects in the capital also dived by 57% as spooked developers hold fire on schemes

Office construction starts in London have crashed by 42% since April as developers hold fire on schemes amid continued economic uncertainty, the latest Deloitte crane survey has found.

Refurbishment schemes also plunged by 57% and have been outpaced by new build starts for the first time in four and a half years.

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