London property giants unveil manifesto for growth after Brexit

Plan for growth after Brexit: Property companies want to see investments in London housing to

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Joanna Hodgson24 January 2017

The City and Westminster Property Associations, on behalf of the capital’s real estate giants, on Tuesday unveiled a 52-point manifesto to keep London globally competitive following Brexit.

The organisations’ recommendations are aimed at the government and the Mayor of London, and include calling for investments in homes and infrastructure.

On behalf of 420 landlords, developers and investors, the ‘Growth Post Brexit’ plan also calls for better broadband connectivity and bringing forward Crossrail 2.

Members being represented include British Land, Land Securities and Soho Estates.

Separately the report has warned against any major new tax and planning policies which could adversely impact business and deter investment to the UK.

James Cooksey, the chairman of Westminster Property Association, said: “Brexit brings into sharper focus the need to continue investment in London if it’s to remain the preeminent global city."

He added: "Therefore our recommendations on increasing housing supply, employment space and infrastructure delivery are critically important.”