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Latest deal shows growth of London Sub-Markets

One of the latest deals to be concluded at tenant acquisition specialists, Morgan Pryce, has shown the strength and rapid increase of London’s submarkets. The deal, at a newly developed warehouse style building in the heart of SE1, was finalised at £55psf – a figure that shows a strong increase compared with previous years. Indeed, over the last 12-18 months, there has been significant growth in areas such as Shoreditch, SE1 and Midtown, with rental levels increasing by 10-20%.