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London Offices Set for Price Adjustment as Rising Debt Costs, Economic Woes Bite

BNPPRE Says Sellers of Big Ticket Offices Are Accepting Discounts or Pausing Sales
Central London investment reached £4.5 billion in the second quarter, 8% down from the year earlier period. (Getty Images)
Central London investment reached £4.5 billion in the second quarter, 8% down from the year earlier period. (Getty Images)

BNP Paribas Real Estate’s initial first half 2022 data has revealed that central London’s commercial property market has softened during the second quarter, despite the period marking the busiest half-year on record.

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News | London Offices Set for Price Adjustment as Rising Debt Costs, Economic Woes Bite