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London property market shifting in favour of tech firms

Finance companies expected to pull back after Brexit vote

Published Fri, Dec 23, 2016 · 09:50 PM
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London

HIGH up in western Europe's tallest skyscraper, an office layout shows how the power balance in London's property market is shifting in favour of booming tech companies and away from finance firms which may shrink in London after the Brexit vote.

Some employees of digital marketing agency Jellyfish work from hot desks at The Shard, gathered around a long pine table suggestive of a trendy coffee shop, enjoying views of St Paul's Cathedral.

Edged by a bar with a screen displaying train times, floor-to-ceiling whiteboards, cosy sound-proofed booths and a tap dispensing barista-style coffees, the design encourages staff to work together. "We wanted to be taken seriously, not just frittering client money away with crazy guys on roller skates, so this is a serious space," sai…

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