London’s Financial District to Convert Empty Offices Into New Homes

The City of London financial district can be seen as people walk along the south side of the River Thames in London on March 19, 2021. Henry Nicholls/Reuters

The City of London, the British capital’s financial district, will convert empty offices into new homes as part of its plan to adapt to the new reality under the CCP virus pandemic.

The City of London Corporation, the district’s governing body, said it will work with the property industry to “explore new ways to use vacant space and aim for at least 1,500 new residential units by 2030.”