Posted May 26, 2024, 12:10 AM
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Registered User
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Join Date: Jun 2016
Location: London
Posts: 6,061
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They have a sign up now for tenants to move in now and not pay until July. They have leased two of the commercial units on the ground floor facing Hyde Park Rd.
Might we be seeing some of these new rental buildings starting to offer incentives in order to get tenants? The rents are likely too high and the prospects of finding tenants at those prices might start putting downward pressure on the asking prices which on one hand is good news but will definitely result in some projects being put on hold if the vacancy rates start to climb.
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