The Mayor of London, Sadiq Khan, together with local authority leaders and industry partners, is attending MIPIM - the world’s most influential property event - in France to seek investment to help build thousands of more affordable homes for Londoners and to unlock new infrastructure and jobs in the capital.
The investment opportunities are set out in a new Opportunity London, London Investment Prospectus, which details 20 live opportunities. This includes opportunities to build new housing and build-to-rent developments, which are desperately needed in London, as well as student accommodation, office buildings, logistics, urban sciences and leisure developments. The Mayor is promoting investment opportunities worth £10bn at five of London’s major transport and freight hubs.
Opportunity London is the capital investment partnership for London, bringing together every tier of government in London and is backed by industry to provide a single front door for investors. With investment volumes in London expected to pick up in 2025 as interest rates fall and market confidence improves, the Opportunity London prospectus comes at a pivotal moment to attract capital, accelerate the city’s growth and build more of the affordable homes Londoners need.
The Mayor of London, Sadiq Khan, said:
“London is not only the greatest city in the world but also the greatest city in the world to invest in.”
“I'm attending the MIPIM property conference to bang the drum for London, seeking new investment for the capital to help us accelerate the delivery of affordable homes and unlock new infrastructure and jobs in our city.
“I'm determined to do everything I can to build more of the affordable homes Londoners desperately need.
“I am also determined to play our part in delivering the UK Government’s number one mission: growth. We have recently launched our own ambitious growth plan for London and attracting new investment for major housing and transport projects will be vital to boosting productivity and improving living standards in London and across the country.
“My message to investors and developers at MIPIM is clear: now is the perfect time to invest in London and to help us deliver regeneration projects, new transport infrastructure and new affordable housing as we continue to build a better, fairer and more prosperous London for everyone."
Image credit: iStock
