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Hedge-Fund Tenants Set for Record Growth in London’s Mayfair

London's Mayfair district.
Photographer: Simon Dawson/Bloomberg
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Hedge funds and private-equity firms are on track to lease a record amount of space in London’s Mayfair & St James’s neighborhoods this year as an influx of wealthy investors makes the city a more attractive location.

“There’s a higher than average amount of space under offer in Mayfair and St James’s and a large proportion of that is from hedge funds and private equity firms,” Elaine Rossall, head of London research at broker Cushman & Wakefield Inc., said by phone. “There’s a number of new entrants to the market also seeking space.”