Ruth Bloomfield

Who wants to live in the Square Mile?

The City of London's bear property market

  • From Spectator Life
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Mixing business with pleasure can be risky business. For decades the City of London has upheld this doctrine, religiously prioritising office space over new homes to preserve its reputation as a global financial centre.

In his 29-year tenure as the City of London’s planning chief, Peter Rees famously allowed only one new residential tower to be built in the Square Mile: The Heron, a 285-apartment building which was completed in 2013.

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