The City is resisting the temptation of opening the Pandora's Box that is office to residential PD conversion rights. This must be the right signal to the markets about its confidence in the area as the main office destination in London. Of course, individual planning applications for conversion will always be possible on their merits.
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A wise move from the City
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The City of London Corporation announced a consultation on its plans to permanently remove permitted development rights in planning rules that allow office conversions into housing.
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