City of London to create new homes from empty offices

Pedestrians walking in the streets of the City of London. Photo: AFP

Offices in London's City finance district left empty by the pandemic will be transformed into at least 1,500 new homes by the end of the decade, the City of London Corporation said recently.

The governing body which runs The Square Mile unveiled plans to work with the property industry to refurbish and develop deserted buildings, including for culture, retail, hospitality and start-ups.