Director of Deloitte Real Estate warns developers “approaching with caution”

The Director of Deloitte Real Estate Mike Cracknell says developers “are approaching with caution” as the firm’s annual crane survey shows there are 89 office schemes under construction – but only 25 started this year which is down from 51 last year.

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak

Like us on Facebook: https://www.facebook.com/skynews

For more content go to http://news.sky.com and download our apps:

iPad https://itunes.apple.com/gb/app/Sky-News-for-iPad/id422583124

iPhone https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8

Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB