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	<title>London Offices&#187; financial report</title>
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		<title>General election affects Central London office market</title>
		<link>http://londonoffices.com/news/general-election-affects-central-london-office-market-882</link>
		<comments>http://londonoffices.com/news/general-election-affects-central-london-office-market-882#comments</comments>
		<pubDate>Mon, 12 Apr 2010 11:40:40 +0000</pubDate>
		<dc:creator>Adam</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Central London office space]]></category>
		<category><![CDATA[City of London]]></category>
		<category><![CDATA[decrease]]></category>
		<category><![CDATA[Docklands]]></category>
		<category><![CDATA[financial report]]></category>
		<category><![CDATA[General Election]]></category>
		<category><![CDATA[Investments declined]]></category>
		<category><![CDATA[Investments reduced]]></category>
		<category><![CDATA[West End]]></category>

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		<description><![CDATA[A financial report announced that Central London has seen a significant decrease in investments since the current government announced plans for the general election. Cushman &#38; Wakefield, a leading commercial property firm, reported that during the first quarter of 2010 investment in commercial property has fell by 50%. As the announcement of the general election [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://londonoffices.com/news/wp-content/uploads/2010/04/general-election.jpg"><img class="alignleft size-thumbnail wp-image-884" style="margin: 5px" src="http://londonoffices.com/news/wp-content/uploads/2010/04/general-election-150x150.jpg" alt="" width="150" height="150" /></a>A financial report announced that Central London has seen a significant decrease in investments since the current government announced plans for the general election.</p>
<p>Cushman &amp; Wakefield, a leading commercial property firm, reported that during the first quarter of 2010 investment in commercial property has fell by 50%.</p>
<p>As the announcement of the general election happened within the first quarter, it is thought to have had an impact on the investment within the capital.</p>
<p><span id="more-882"></span></p>
<p>The figures show that the commercial property sector has received £1.63 billion in the first quarter of 2010, with major investments in the <a href="http://londonoffices.com/westminster-office-space/" target="_self">West End</a>, <a href="http://londonoffices.com/westminster-office-space/" target="_self">City of London</a> and <a href="http://londonoffices.com/docklands-office-space/" target="_self">Docklands</a> areas.</p>
<p>However this is still significantly lower that the £3.0 billion that was invested into Central London office space during the fourth quarter of 2009.</p>
<p>In fact the 50% decrease in investment is the first drop in nearly a year and this has led some to speculate that the approaching election may have had an impact on office investments.</p>
<p>Some have suggested that the link is an obvious one, as the election has created uncertainty about the value and demand of commercial office space.</p>
<p>Whereas others have suggested that the slump in the market may just be due to the weak value of the sterling in recent months.</p>
<p>However, within the second quarter the decrease seems to be levelling off and in fact office investments in some areas have seen a very clear growth.</p>
<p>Nevertheless the market has still not recovered in entirety, as a a lot of investors are staying on the sidelines until the election is over.</p>
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