Search
 

Thames Valley Sees Incentives Increase

LONDON-Tenant inducements are on the up in the Thames Valley and rents are going down, but the worst will be over by the end of the year says a new report from Rogers Chapman.

By Charlie Jacoby | Updated on May 13, 2003

LONDON-Landlords are increasingly generous with incentives and offices rents have fallen so far there is no longer a £30 ($48) per sf centre West of London. That’s the conclusion of Rogers Chapman in its latest research report The Golden Triangle .

The research also sounds a note of warning for landlords of industrial property: “there is a belief that flexible leases and incentives alone will see [the industrial market] through a period of reduced demand. We are standing by for the first landlord to break ranks and make a cut in their asking rent.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.