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Cash in on office rents

Series: Construction News ; (6868) 27 May 2004, 1(1)Publication details: 2004Subject(s): Summary: Drivers Jonas is urging developers to cash in on rising rents over the next two years by starting work on new office deals. The firm's latest "London crane survey - Q1 2004" reveals that the volume of space under construction in central London has fallen 33% over the last six months. Drivers Jonas believe that the small number of projects on site will create a supply bottleneck in 2006, causing rents to rise. To take advantage, developers need to start building this year. To view the survey, register for free on the Drivers Jonas website http://www.driversjonas.com
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News article London News article WB4021-02 (Browse shelf(Opens below)) 1 Available 126404-1001

Drivers Jonas is urging developers to cash in on rising rents over the next two years by starting work on new office deals. The firm's latest "London crane survey - Q1 2004" reveals that the volume of space under construction in central London has fallen 33% over the last six months. Drivers Jonas believe that the small number of projects on site will create a supply bottleneck in 2006, causing rents to rise. To take advantage, developers need to start building this year. To view the survey, register for free on the Drivers Jonas website http://www.driversjonas.com