Trade of the Day: Buy Towers of London
London developers have seen rents for the capital's iconic skyscrapers rise faster than for the rest of the financial district in the past three years, according to Neil Callanan of Bloomberg News.
So the Trade of the Day is to buy towers of London and sell New York high-rises; London office space rents for $982 a square foot, compared with just $697 in Manhattan, according to indexes compiled by Real Capital Analytics.
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