Boom in City Jobs
The City property market looks set to
gain from the latest report showing the growth in core employment sectors.
City A.M reports a record 729,000 employees in the
finance sector (an increase of 2.2% from 2014) with growth in insurance, fund
management, accountancy, management consultancy and legal services.
With this increasing employment coupled with diminishing office supply there is expected to be upward pressure on rents and a continuing trend towards forward letting together with an occupier preference for more space efficient buildings.
For further discussion please contact David Alcock or Harry Trotter.
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