Reforms urged to unlock £262bn London office upgrade boom

London developers are urging ministers and planners to overhaul the rules blocking a huge pipeline of retrofit and redevelopment work across the capital’s ageing office estate.
More than half of central London’s workspace – 147m sq ft – is now classed as secondary stock and falling behind energy and quality standards.Upgrading it could unleash £262bn of investment value and £11.4bn a year in rental income, according to new analysis by the London Property Allia