Hedge Funds Lead Chase For London Space As More Deals Soar Past £100 Per SF

Hedge funds and private equity firms including Winton and Blackstone helped break through London office leasing records in 2022.
More than 1.3M SF of London office was leased at rents higher than £100 per SF in 2022, according to data compiled by adviser CBRE, Bloomberg reported.
Leasing in the West End was at its strongest since 2000, the agent's data showed. 
It was also a record year for high-value deals outside traditionally premium districts. In total, 13 deals outside the West End achieved rents of more than £100 per SF, almost double the seven previously recorded by CBRE in total since it began collecting the data…
Source: Hedge Funds Lead Chase For London Space As More Deals Soar Past £100 Per SF