Jan 07 2011
Source: www.propertyweek.com
The recent development boom for offices within the City of London — such as the "Walkie-Talkie", "Cheesegrater" and Pinnacle — has, we are told, been predicated on the raft of lease expiries that will occur in 2013, 2014 and 2015. One leading commentator described this as an "unseen dynamic", as 15-, 20- and 25-year leases start to expire. The interesting point is that the same unseen dynamic is taking place within high streets and shopping centres up and down the country.
The full article can be found in the attached file.