London’s Corporate Rental Market In Trouble
As if you didn’t know that already…
Savills confirms to The Observer:
64% of its corporate tenants in London work in the financial services industry. Large-scale job losses will result in the termination of tenancies on hundreds of top-end apartments and houses – most of them at rents of £1,000 a week or more – in ‘prime’ London areas such as Docklands, the City and Notting Hill.



[...] ‘prime’ London areas for corporate tenants, which are claimed to be most affected by the changes in the financial sector, are Notting Hill, Docklands and the [...]