This is a very broad accusation, but certainly most hedge funds I know are based in Mayfair, where almost all property is owned by the Duchy of Westminster. Of

This is a very broad accusation, but certainly most hedge funds I know are based in Mayfair, where almost all property is owned by the Duchy of Westminster. Of the top of my head I don't know any hedge funds who own their own office space in London (I'm sure they must exist). Hedge funds as a group would almost certainly be able on average to lower their rent if there was more property development.