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 (Chinese Communist Party) 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.” It is part of a plan produced by the City Corporation’s Recovery Taskforce setting out a programme of actions over the next five years to enhance the competitiveness and attractiveness of the district, which is also known as the Square Mile. “The Square Mile must adapt to post-pandemic economic and social trends in order to remain a world-leading ecosystem,” the City Corporation said in a report published on Tuesday. The Corporation said it will “curate an ecosystem of high-potential …
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