A further drop in acquisitions for redevelopment is expected. Photo: Dickson Lee
A further drop in acquisitions for redevelopment is expected. Photo: Dickson Lee

New stamp duty may lead to fewer old buildings being redeveloped

After 72pc drop in purchases by developers last year, sector expects a further drop in such deals

A further drop in acquisitions for redevelopment is expected. Photo: Dickson Lee
A further drop in acquisitions for redevelopment is expected. Photo: Dickson Lee
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