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Citigroup plays big bear on rents

 

Citigroup has warned that office rents in the City of London and Canary Wharf will not grow in the next decade.

 

James Brent, global head of real estate banking, said commercial property could decline by another fifth.

 

Citigroup upgraded Segro to “buy”.

 

25/06/08 Times 40  Independent 40

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