{"id":29416,"date":"2012-06-08T06:19:32","date_gmt":"2012-06-08T10:19:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29416"},"modified":"2012-06-08T06:19:32","modified_gmt":"2012-06-08T10:19:32","slug":"hedge-funds-squeezed-in-mayfair-as-offices-become-luxury-homes","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2012\/hedge-funds-squeezed-in-mayfair-as-offices-become-luxury-homes.html","title":{"rendered":"Hedge Funds Squeezed in Mayfair as Offices Become Luxury Homes"},"content":{"rendered":"<p>Bloomberg &#8211; Landlords in Mayfair and St. James&#8217;s, two of London&#8217;s most expensive neighborhoods, are exploiting a shrinking supply of new or refurbished office space to charge hedge funds and financial firms the highest rents in three years.<\/p>\n<p>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. A shortage of financing for new development and restrictions on high-rise projects add to the squeeze on commercial space.<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/g\/a\/2012\/06\/07\/bloomberg_articlesM4WRDL0D9L3501-M59GP.DTL\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Landlords in Mayfair and St. James&#8217;s, two of London&#8217;s most expensive neighborhoods, are exploiting a shrinking supply of new or refurbished office space to charge hedge funds and financial firms the highest rents in three years. Offices are [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-29416","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=29416"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29416\/revisions"}],"predecessor-version":[{"id":29417,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29416\/revisions\/29417"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}