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Better tall than sprawl: London’s skyscraper boom

Friday, May 23, 2014 - 05:50

May 23 - London is in the middle of a skyscraper boom, with more than 200 towers planned or under construction. We ask Shard developer and Sellar Property chairman Irvine Sellar if he feels responsible.

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London is a middle placed -- scrape of movement more than 204 tiles going up mostly for residential use and yet it also faces a massive housing shortage. With me now to talk about all this is eleven -- and you know teleport to prevent of course developer of the song I'm. When you're at least house going up do you think partly I did that was it was an assault that paved the way for a for the. I don't think how could take responsibility. For doing that. Because. There will. Planes in hand and developments already completed for many racist thing to tell us if we -- -- doctrines. And one and number of -- you've -- a positive. Built. Not -- build a great deal of residential and Bob behind him so this is. It's a coincidence might be that it's not the a large number of applications. -- to make hateful. -- residential. Properties I think people have rediscovered. The red. As a great place to look and see. But the London legally speak talent under and really do much to address the the housing shortage that we face. Partly because you've got two choices you -- tool use -- And we don't want these pro in effect. Made in the moment London is expanded. Probably the right of a 100000. People a year the population will be increased about a hundred -- So more or might be in. Fifteen years time we could be approaching. Twelve million as opposed to two for now we're gonna need to house. But Apple's secrets is muscle was -- disposable cartridge form -- to lift NT. And it will do nothing much to -- -- question Portland loses something. No I think a lot of the development story can place now within the range. All of them I'm -- holding league Richmond Hill for us they're all special they're all special. The economist I can place in primaries. Which are minorities for the -- design for the for them for anybody we are a global -- we should be. Proud of the fact -- publicity. Not only -- in the off 24 rounds of -- deep deep structural problems is the way he describes the stifle housing market do you -- analysis on what should be done about it side. What I would do -- do everything to encourage the development. But I think we are gonna need. And it is open in these guys Buffett wants and so much filled solved. Almost deliberately only between the two buildings we got the place in the show out. I'm 75%. Of the east. And would be as selective in the -- out in terms of we courted a -- town because I want to as many different usage in the show out. As possible so that the compact with the child. I wouldn't want it to be swamped with one -- of accountants so while probe of Lewis we will have lawyers will have accountants taken. Single proposal double flaws but no more than that gives you objective here is for them to do business within with a child. So when when you filled shop. I should think it will be. Mostly. Committed. By the end of this year. -- a couple questions. Obviously growth to commit to spice and so it's you know when it's at least she's agreed but that won't be an occupation. -- a very big picture question growth is of course picking up. How cold to you about that continuing and I'm feeding through into into. And for real estate market. What is its feed into the real estate market and I am confident about it. There's a couple of things that we got to worry about we election coming up and there's a bit of uncertainty there. But this global uncertainty and this is happens to be and we're very lucky to pay it. Probably the world's favorite place full business. For education. -- just the safety practice -- Difficulties in many parts of the world. And certain amount of uncertainty of the week and often at democracy just about scored just about got it right I think. Almost next and some are optimum British culture is another mega projects in the pipeline or wolf wanted to eurozone. We're we are negotiating for two or three quiet enough politics. Hopefully I'm going to -- when Motley not violence suddenly in the next two or three months.

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Better tall than sprawl: London’s skyscraper boom

Friday, May 23, 2014 - 05:50