From City AM's dedicated property porn magazine, Bespoke Living (page20), on the subject of derelict buildings in London:
"Often the owners are not even looking to sell. It might be that they have plans for the building but planning permission can take years to come through. Or maybe they see the land as an investment and they're happy just to sit and watch its value increase. You could do this for decades without developing and still make a huge profit on your investment."
Debate Magazine
