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No City of London Deals Above £100 Million in a Half-Year for the First Time Since 1999

Buyers Wary of Big Commitments in City’s Financial Heartland Amid Higher Borrowing Costs and Rising Vacancy

Investor appetite for large capital commitments slowed to a crawl in the first half of 2024, with the City of London, the financial district that forms the "Square Mile" failing to register a transaction over £100 million in a half-year period for the first time this century.

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