Gazumped at the office

Estate_agents1The two traditional signs of a healthy economy, are how difficult it is to hail a London taxi and how long you have to wait to get a table at a decent restaurant. But TS has spotted a new measure: how hard can it be to secure central London business premises.

Talking to the senior partner of a larger mid-tier firm the other day (we move in very influential circles, you see) we heard how he was on his fourth attempt to bag City office space. Three times he had been gazumped, let down and generally disappointed by the competitive nature of the commercial property market. Fourth time lucky perhaps.

Related reading