Firms queue up to develop ￡15bn of banks' bust sites

摘要

An increasing number of construction firms are offering their services to banks that have found themselves saddled with uneconomic housing sites.rnLand prices in some areas have risen 20-30% since their nadir in 2008, despite housing market uncertainty in the past month. Analysts say this has prompted banks to look at ways of capitalising the land on their balance sheets.