Rents in London fell for the first-time since December 2010

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Rents in London fell for the first-time since December 2010, down by 0.9%, compared to a 2.3% drop a year ago, according to LSL Property Services. David Brown their commercial director explained that the rental market was sheltered from the full impact of the seasonal lull by the underlying strength of tenant demand. He said prospective renters took the opportunity to move during the run-up to Christmas, when the market is traditionally less competitive. 27 January 2012
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