Towers of London
CBRE Residential’s latest research reveals the increase in residential tower development in London, and the positive impact it is having on housing supply.
A recent surge in residential tower construction means there are now 135 in the pipeline, providing over 70,000 units. With 14,000 already under construction, this equals nearly two years of the Mayor’s housing targets, generating a huge number of much needed new homes.
The towers are located in clusters across London, due to planning regulations which state that tall buildings should be limited to sites in central areas and opportunity zones.
For more insight into the world of London’s towers, download a copy of the report here