Super-prime land development sites in Lonodn have as much as halved in value over the last year, as real estate developers becoming increasingly strapped for cash.

A new report from high-end agent Knight Frank has shown that the previously untouchable super-prime land band, priced up to £100m and over per acre, has received half as much demand as a year ago. However, compared to the rest of the market in the UK it is still the most sought after.