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Evening Standard: "£21bn property 'gold rush' gives rise to 70 prestige developments"

Link to Evening Standard

"The desire of the world's wealthiest people to own a London apartment has sparked an unprecedented £21 billion property 'gold rush', a report reveals today.

"Almost 70 developments across the capital - from Lots Road Power Station in Chelsea in the west to One Tower Bridge in the east - are in the pipeline and due for completion by 2020 to meet the demand.

"Kay Boycott, director of communications, policy and campaigns at Shelter, said:
"The gulf between ordinary Londoners constantly struggling to pay their rent or mortgage and those who will live in these so-called billionaire apartments is another example of London's divided housing market."

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