DFT Roundtable: How rising costs, coronavirus and a labour shortage could stall property developments in 2020



Development Finance Today has launched its sixth filmed roundtable session, which discussed what could cause overruns on a development project this year, and how all parties in a transaction chain could help to mitigate this.

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“I think we’ve got to talk about coronavirus and the potential impact of that,” said Martin Crews, development director at CityBlock.

“…A large amount of people turning up in a single area, in particular these big city centre developments, if it does spread here … that could really delay projects — by six to 12 months, in reality.”


Martin Crews, development director at CityBlock

The DFT roundtable video can be viewed in full above and on the DFT Roundtables page.

The event — which took place on 12th February at Watson Farley & Williams’ offices in London and was chaired by DFT editor Beth Fisher — was supported by Aldermore and ZSL Capital.


Beth Fisher, editor at Development Finance Today

John Carter, commercial director of commercial real estate at Aldermore; and Daryl Thorpe, co-founder and principal at ZSL Capital, explained how developers could help to reassure lenders that their business plans and timeframes were realistic from the outset.


John Carter, commercial director of commercial real estate at Aldermore

Also in attendance were Rochelle Yea, director at Next Route Finance Limited; Jay Bhudia, director at JB Cost Associates; Deme Paliouras, director at Arco Developments, and Ranjeev Kumar, partner at Watson Farley & Williams.


Rochelle Yea, director at Next Route Finance Limited

The video can be viewed in full here.



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