36.9 F
London
November 21, 2024
PI Global Investments
Property

LDA property boss: Landowners sitting on sites that can’t be developed at affordable prices


Housing

The Land Development Agency’s head of property warned that several sites across the country had planning permission that was pitched at the upper end of the rental market

Many private landowners are sitting on “overpriced” sites with “unimplementable” planning permissions, the head of the state’s Land Development Agency has said.

Last year, the agency which was established in 2018 to expedite the construction of affordable homes on state lands, launched a new initiative focused on acquiring sites from the private market to boost its pipeline.

Phelim O’Neill, the head of property at the LDA, said the agency had discovered through its move into …





Source link

Related posts

Millionaires’ playground Sandbanks is fourth most expensive place to live in the WORLD

D.William

Inside property expert George Clarke’s stunning London home after huge renovation

D.William

Hong Kong developer New World to tap improved sentiment by bringing property launches forward after posting interim loss

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.