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Exact(26)
Whether there would be tenant demand for such a building is much harder to say.
Market fundamentals, he said, such as tenant demand, did not justify inflated values.
Landlords are seeing the benefit of a structural change in Britain's housing market, with tenant demand ever strengthening.
Mr. Boutwell noted that tech companies now account for 30 percent of all tenant demand in the city.
He added that slower UK economic growth this year and in 2009 would also affect the level of tenant demand.
Explaining the overall problem, David Brown, Commercial Director of LSL said: "Tenant demand has been especially bubbly in recent months.
Similar(31)
"First, the state's Real Property Law requirement that a landlord must provide a tenant with a receipt for any rent paid in cash, also provides that the landlord must provide a receipt even for rent paid by check if the tenant demands it," he said.
Company Vitals: Its Web software saves property owners money by allowing them to tailor their energy consumption to tenant demands.
It is often easier to comply with tenant demands than evict them and find new ones.
Both buildings will be wired for the high-speed Internet access that virtually all tenants demand today, and bathrooms and common corridors will also be improved.
Both plan to convert existing structures into modern office space with the power and telecommunications infrastructure that most tenants demand today.
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