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Hedge Funds Squeezed in Mayfair as Offices Become Luxury Homes

http://www.bloomberg.com

Published 1 year, 10 months ago

Landlords in Mayfair and St. James's, two of London's most expensive neighborhoods, are exploiting a shrinking supply of new or refurbishedoffice space to charge hedge funds and financial firms the highest rents in three years. Offices are being converted into residences costing 2,000 pounds ($3,100) a square foot or more as demand surges from foreign buyers seeking luxury homes in central London.

Sophie Kelk @sophiekelk 1 year, 10 months ago

Office to Resi conversions are on the up as hedge funds are squeezed out of Mayfair via @BloombergNews http://t.co/0H33P0sH

 

Henry Pryor @HenryPryor 1 year, 10 months ago

Work space becomes home space in Mayfair story which must quote every property guru in W1! http://t.co/uxOBI2lw via @BloombergNews

 

NMinkoff @NMinkoff 1 year, 10 months ago

RT @HenryPryor Work space becomes home space in Mayfair story which must quote every property guru in W1 http://t.co/McZggCDk @BloombergNews

 

LUCHFORD_APM @LUCHFORD_APM 1 year, 10 months ago

Hedge funds get squeezed in Mayfair as offices become homes http://t.co/kYNQVLR4 #PCL #property

 

Oliver Burns @oliver_burns 1 year, 10 months ago

Very interesting story @PROPHACK discussing the resurgence of resi in Mayfair http://t.co/KppuCVEB #WalpoleMayfair

 
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