Sharp Fall in Corporate Residential Property Rentals As Firms Suffer
Scotland on Sunday › April 20, 2009
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Summary
DEMAND for corporate residential property rentals in Edinburgh and Glasgow is down 50 per cent compared with 18 months ago as the recession has led to job cuts at large companies such as Royal Bank of Scotland.
In his latest quarterly review, David Alexander, head of DJ Alexander, reported that as firms tighten their belts, there is less requirement to take out leases on rented property to accommodate executive staff relocated to Scotland.See the full content of this document
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Sharp Fall in Corporate Residential Property Rentals As Firms Suffer
Alexander said the reduction in demand had a particularly adverse effect on investors at t...
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