Office conversion boom boosts London housing delivery

Data from EG reveals London saw another 10-year-high for home completions via office conversion in 2017.

Looking solely at central office markets, which are heavily covered by permitted development rights exemptions, almost 1,200 homes were completed through conversion projects last year – representing an annual increase of 10%.

The West End remains the primary focus for conversion projects – accounting for 35% of unit completions last year – and has commanded 47% of the total unit delivery since this trend began rapidly accelerating in 2014.