2009 is likely to be the worst year ever in terms of take-up in London, with recovery in the occupational market not expected before 2012-2013, Neil Prime, head of office agency England at Jones Lang LaSalle, said during the Occupational Markets Briefing held in Cannes on Wednesdqy. 'Ooccupiers in London have two years of time and two years of value to take advantage of opportunities in the market. In real terms, net effective rents will soon be as competitive as they have ever been in the City,' he said.
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