High-end London retail rents are expected to rise further

11/2/2011 | Wall Street Journal, The

Retail rents in London's most prominent neighborhoods will continue to rise because of supply-demand fundamentals, observers say. Global investors are eager for these assets and are stepping up competition. On New Bond Street, rents have doubled to $1,595 per square foot in the past five years, according to Savills.

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Wall Street Journal, The

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