Rents rise in high-rise
Signs of positivity in the economy can be diverse and can arise from many different sources. One of these indications is the recent rent increase at the Cheesegrater building, half-owned by British Land. The company, which owns a variety of commercial properties across the capital, has secured a lease to Servcorp with a rent of £72.50 per square-foot. The Australian company, which deals in serviced offices, has agreed to take 12,000 square feet of space on the 30th floor of the Skyscraper.