MIPIM: Open space deficit in London leads to £1.3b lost commercial value

A study by the Urban Land Institute and global design firm Gensler into the value of public open space reveals that businesses' desire to be located in close proximity to open spaces could harvest £1.3 bn (EUR 1.5 bn) of investment for the creation of new public space in London. This could offset London's future open space deficit, projected at 1,100 hectares by 2031.

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