On September 27th, Reuters reported that London's struggling office market is currently facing a "rental recession." This situation has arisen because of a 30-year high in vacant office spaces within key business districts like the West End, City, and Canary Wharf in the UK capital. This trend is putting pressure on the stock prices of various prominent property owners.
Confidence has returned to the commercial property lending market in the UK as new loan originations hit a post crisis high, new figures shows.
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