Already, there are a few signs of confidence returning to the market. A year ago, virtually all new development was suspended. But in recent months we have seen a few toes dipped back in the water. For instance, Land Securities, one of Britain's largest property companies, yesterday announced the go-ahead for the redevelopment and extension of its Trinity retail mall in Leeds, building on three London developments which it sanctioned earlier this year. Regrettably, Land Securities is for the time being the exception rather than the rule.