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Economic downturn grips London’s West End

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  • Economic downturn grips London’s West End

    Great Portland Estates, a London-based property company, experienced a 12.4% fall in the value of its portfolio in the final three months of 2008. The portfolio value fell £175.5m to £1.25bn in the quarter.Demand for business space in the West End of London, which commands some of the most expensive rents in the world, is [...]

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