{"id":9599,"date":"2009-01-12T00:00:00","date_gmt":"2009-01-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"commercial-property-rents-collapse-in-london-hedge-fund-areas","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2009\/commercial-property-rents-collapse-in-london-hedge-fund-areas.html","title":{"rendered":"Commercial property rents collapse in London hedge fund areas"},"content":{"rendered":"<p>The Independent &#8211; Rents for plush offices in Mayfair and St James&#8217;s plunged almost 30 per cent last year, hammered by the declining fortunes of many of their hedge funds tenants.<\/p>\n<p><!--proximic_content_off--><\/p>\n<p>&nbsp;<\/p>\n<p><!--proximic_content_on--><\/p>\n<p>The commercial property agency NB Real Estate has released new research that shows the rent in swanky west London offices tumbled from &pound;120 per square foot at the end of 2007 to &pound;85 at the end of last year, a consequence of a bad year for hedge funds. They have been vilified for short selling bank shares, have suffered mass redemptions and experienced their worst ever full-year losses. <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.independent.co.uk\/news\/business\/news\/commercial-property-rents-collapse-in-london-hedge-fund-areas-1301867.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Independent &#8211; Rents for plush offices in Mayfair and St James&#8217;s plunged almost 30 per cent last year, hammered by the declining fortunes of many of their hedge funds tenants. &nbsp; The commercial property agency NB Real Estate has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5484,5483,2178,2281,129,4725,2861,4325,5481,5482,3251,5480],"class_list":["post-9599","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-commercial-property-agency","tag-consequence","tag-fortunes","tag-london-offices","tag-losses","tag-mayfair","tag-real-estate","tag-redemptions","tag-rents","tag-square-foot","tag-st-james","tag-west-london"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9599","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9599"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9599\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}