21.10.2008 - Empty space highlights speed of downturn
From FT: Opposite Cannon Street station in the City of London is a fast-changing development site surrounded by boards proudly bearing the promise: Minerva PLC delivering Walbrook for 2009. Read that again, this time with a rising note of panic. With just over a year to go before completion, the likelihood of finding a tenant for Minerva’s rotund glass building, the Walbrook, seems increasingly slight. And Minerva’s other City scheme, at St Botolph’s, due for completion six months later, is only partially let..... Full Article: Source
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