Boris Johnson, the Mayor of London, yesterday sought to tempt foreign businesses to the capital by offering companies up to a year without rent.
Speaking at MIPIM Johnson tried to lure businesses to London with a range of incentives, including up to 12 months’ free office space and the use of a dedicated adviser to help them to establish an operation in the capital.
Think London, an agency set up to attract foreign investment to the capital, will introduce potential clients to Avanta, a serviced office agency. The free rent, to the value of £150,000, is funded by Avanta, in the hope that clients will stay on after the offer period expires.
The Times, Daily Telegraph