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Occupier activity in Central London slows in wake of credit crunch

According to figures out today from Jones Lang LaSalle the amount of office space let over the six months to March 2008 was 30% below the levels seen in the six months to September 2007. In the West End, levels were broadly unchanged but the City saw space let fall by 40%, with Docklands seeing a 60% reduction. As well as total floorspace let, the number of deals fell across London by 12% in the same period.

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