Signed, sealed, but far from delivered

It’s received plenty of press coverage, but there’s an ingredient missing from the Development Agreement announced on Wednesday amidst a flurry of press releases. Dates. Modus Properties may well have committed to spending £215M on the Regent Place development but, without an indication of when that might be — and Mr Bluh was at pains to say that it wouldn’t be soon — it all looks like a rather empty publicity stunt.

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