Short leases to out perform in 2004
Series: Estates Gazette ; (0405) 31 January 2004, 42(1)Publication details: 2004Subject(s): Summary: Investment bank Citigroup says that short office leases will be sounder investments than long-leased bond-style buildings this year. An upturn in leasing markets especially in London's West End will result in the under-pricing of 8-10 year leases, whilst 10-15 years plus leases have become more expensive. Purchasing power will swing in favour of equity-backed investors, rather than debt-backed buyers.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4005-03 (Browse shelf(Opens below)) | 1 | Available | 125014-1001 |
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Investment bank Citigroup says that short office leases will be sounder investments than long-leased bond-style buildings this year. An upturn in leasing markets especially in London's West End will result in the under-pricing of 8-10 year leases, whilst 10-15 years plus leases have become more expensive. Purchasing power will swing in favour of equity-backed investors, rather than debt-backed buyers.