Posted: Wednesday, 25 January 2012 @ 11:25
As if times weren't hard enough for commercial real estate investors, David Cameron has announced that the Government is to make available unwanted Government offices at 'low rates' to businesses.
Already faced with paying business rates on offices they are unable to let out, landlords will now find that market rents are likely to fall further in the face of the Government's incentive.
Steve Petty, Commercial Property Solicitor
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