Short-Lease Rents in Big Demand

Summary


BUSINESS space with short lease or rental commitments is much in demand as firms try to control costs during the recession, says Aidan Baker and James Moss of BNP Paribas Real Estate in Newcastle.

There is a surprising amount of interest in the market for office and industrial space, bearing in mind we are in recession and that it is the end of the summer, traditionally a quiet time of year.

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Extract


Short-Lease Rents in Big Demand

Much of the interest is for the traditional route for acquiring space, that is throug...

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