Its an interesting point made by CBRE below that the future of development finance needs to adapt to survive. So what is it that will future proof schemes? Tech and science hubs, logistics, less dense residential schemes, low rise offices etc. We probably will not know exactly what demand looks like for a little while yet. Its a watch and wait...
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While developers remain cautious, development finance may be made more readily available to schemes considered “future-proofed for post-virus new societal norms”.
https://www.recapitalnews.com/uk-development-finance-to-be-scarcer-and-more-expensive-cbre/
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