The London market would have stalled without international property investors but this has impacted on the liquidity of stock, according to panelists at the latest Question Time debate.
EG was in London for the event on April 27 with the audience questioning a six-strong panel, including Chris Grigg, chief executive of British Land, Dan Labbad, chief executive of Lend Lease, David Marks, joint managing director of Brockton Capital and James Goodman, director of Central London and International, Savills.
The panel unanimously agreed that a London mayor is crucial to ensuring the capital remains an international centre of business. It also debated the impact of the private rented sector, the National Planning Policy Framework and transport infrastructure.
The Question Time event was sponsored by Savills.
For the edited highlights of the debate on the day watch the videos below.
1. The first question came from David Whirledge of Reid Rose Gregory he asked the panel: Does London need a mayor?
2. Michael Wright of Grant Monger-Godfrey asked: Will the NPPF make a material difference to planning in London?
3. Nick Ellis from Salans asked: How do we create ‘satellite’ business districts in the outer London boroughs?
4. Gary Sector of Addleshaw Goddard asked : What single measure would revolutionise the delivery of homes by the private rented sector?
