Macquarie Rumoured to Be Leasing 19,500 Sqm at Canary Wharf, London

Macquarie is reported to be paying rent of about $A77 per square foot to occupy the space. It’s reported Macquarie negotiated an incentive whereby the first four years of its 15-year lease are rent-free.

Prime office rents in London are reported to have fallen about 35 per cent since the financial market slide.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of