Tiffany clocks up Britain’s highest rent

Luxury jeweller Tiffany has set a new record for rents in Britain with the sale and leaseback of its Bond Street shop in the heart of London’s Mayfair.   Despite a downturn in Capital values in the wider commercial property market, the annual rent, at £650 per square foot, is an indication of continued strength in the luxury goods sector, especially around the streets in Mayfair.   Sunday Telegraph Business 02/12/2007 page 3