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The Central London development market has entered a heightened activity phase, with sales and construction activity hitting post-crisis peaks during 2012. 2013 should be even busier, with sales already off to a flying start.Developers are keen to be a part of this upswing, but finance problems are still restricting smaller developer participation, meaning that the larger housebuilders are dominating the development scene and reaping a greater share of the spoils. Although development activity is up, a significant shortfall of new stock is accumulating relative to growing demand and need.
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03 May 2013