Why the world loves London
After an interesting year for the capital, we take a look at reasons why the world still loves London.
Mark Collins, Chairman of Residential at CBRE, comments: “Despite the uncertainties and turmoil of last 12 months, these findings highlight that London remains a major global city. With a robust economy and a world class offering of education, culture, creativity and heritage, London continues to attract a diverse and increasing population from all corners of the world. Currently the capital has 270 underground stations and with the promise of 40 more via Crossrail, London maintains its position as one of the very best connected cities, remaining fluid, accessible and entirely open to all its residents. Notwithstanding the thousands of theatres, restaurants, retailers and museums on offer, 40% of the capital is made up of totally green space, which incorporates eight royal parks amounting to over 5,000 acres in total. Over 8 million people reside in London and this number is going up; it is therefore crucial that housebuilders and developers do not lose momentum and are encouraged to build new homes to house both today’s Londoners as well as the next generation.”