Prime central London lettings market subdued in second quarter of 2016

Activity in the prime central London (PCL) lettings market has been subdued during the second quarter of 2016, according to the latest analysis report. The sector saw a reduction in demand and as a result a higher number of properties on the market, says the report from real estate from JLL. As a result prospective tenants have ample choice and this has led to falls in rental values in some price ranges, particularly where properties are not presented to the highest standard. The excess of suppl...