Demand for London City offices has fallen for the first time since 2005.Partially it has occurred because of unpopularity of east areas of the business centre among potential tenants. Range of rented office areas in City were reduced during first six months of the year 2007 almost to 40 percent in comparison with second half of 2006.Rent rates for City offices have grown for 12.5 percent for the period from January till June, 2007. In business centers cost of square meter in a favorable place reaches 2200 dollars (about 1076 pounds sterling) per year.However, in 2007 London has been recognized the most economically attractive among European cities again, so the real estate of the city is still interesting to investors.
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title-3153949
by TonyOwen
@ 2007-10-18 - 04:50:07
title-3075957
by TonyOwen
@ 2007-10-03 - 00:46:18
The Chinese court has adjudged French Schneider Electric company guilty of use patented by local Chint Group technologies. Schneider Electric was fined in 335 million yeans (about 44 million dollars). The Most unusual in this situation in my opinion is that exactly the Chinese company sues in infringement of intellectual property rights - more often in such hearing of cases or causes Chinese companies act as respondents as the level of piracy production here is one of the highest in the world.
