Hedge-Fund Demand for London Offices Drops to Lowest Since 2012

(Bloomberg) Hedge funds and private equity firms took the least amount of office space in central London since the start of 2012 in the first quarter, according to broker Cushman & Wakefield Inc., as sputtering global growth and increased regulation deterred startups.The slump follows four years of growing demand for offices from alternative investment firms who pay some of the highest rents in the U.K. capital, said Elaine Rossall, the broker’s head of central London research.

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