Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Land Securities Appeal for 700 U.K. Homes Due in Sept.

Land Securities Group Plc, the U.K.’s largest real estate investment trust, will have its appeal heard next month against a local government’s decision not to allow it to develop as many as 700 homes near London Stansted Airport about 30 miles north of the city center.

Land Securities also planned to build commercial properties, a school and recreational space on part of its Easton Park site, some of which was used as an airfield during World War II. The project was first refused approval by Uttlesford District Council almost a year ago, according to the council’s website.

London needs 50,000 new homes annually and only 35,000 residential properties a year will be built for the next five years, broker Savills Plc said July 3. Land Securities controls four “strategic land plots” within commuting distance of London with a combined size of more than 3,600 acres (1,460 hectares), almost half of which is at Easton Park, according to its website.

The application was initially refused because it would result in a loss of agricultural land, was too “isolated” from the town of Great Dunmow and would have “a harmful effect upon the character and appearance of this area of the countryside,” according to a filing by the council.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.