In these extremely challenging times Savills London Development Land team are pleased to be able to report some positive news in the market.
The Savills
team have had an outstanding few weeks: since working remotely they have
exchanged contracts on 9 land transactions with a combined value of
£146 million.
These disposals and acquisitions take
the total number of 2020 deals done to 16 transactions. The results
demonstrate continued demand from purchasers for a range of development
opportunities across London.
Tim Whitmey, Director in Savills London Development Land team said: “We
are delighted to be announce this extremely positive news during the
most challenging of times. While we are under no illusion that these
very difficult conditions will continue, at least in the short term,
there are still a number of domestic and international buyers active
across both the Central and Greater London residential development
sector.
The Savills team are working harder than
ever alongside their clients and we look forward to building on this
successful start to the year”