
Central London Office Market Watch
"Welcome to your latest Central London office market watch, exploring insight from the City and West End office occupational markets"
Tagged Articles

"Welcome to your latest Central London office market watch, exploring insight from the City and West End office occupational markets"

"Cost of living improvements sees growth in both consumer confidence and retail performance, stimulating a recovery in investment volumes"

"Market awaits a £100m+ office income trade"

"Flight to quality continues to drive the market, with H1 2024 take-up back in line with the five-year average"

"The market seems to be bottoming out in terms of activity levels and pricing. European real estate investment volumes are estimated to reach approximately €44.5bn in Q2 2024, an 18% increase from the previous quarter. The investment volume for the year's first half is likely to exceed €74bn, roughly in line with H1 2023."

"Yield compression re-emerged in June but, as of yet, has not translated into increased transactional activity across the board. This may change in H2 considering improving corporate confidence and a stronger economic backdrop"

"Demand rises in first half of the year as take-up of existing units set to drive a fall in vacancy into 2025"

"93% of space transacted in H1 2024 has been Grade A quality"

"Speculative completions and growth in second-hand space increase supply by 26%, yet BTS transactions rise 108% on levels seen in H1 2023"

"The region is well positioned for future rental growth, with just 1.16 years’ worth of supply available based on the five-year annual average take-up"