
Market in Minutes: Central London Retail – Q3 2023
"Positive momentum in the occupier market continues with prime West End vacancy compressing by 282 bps to 6.5% in Q3"
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"Positive momentum in the occupier market continues with prime West End vacancy compressing by 282 bps to 6.5% in Q3"

"What are landlords' views on the future of flexible office space?"

"The average European office occupancy rate has increased from 55% in February 2023 to 57% in September 2023, behind the pre-pandemic average of 70%"

"Over €12bn to be invested in PBSA over the next two to five years, led by Spain, Italy, Germany, France, and Portugal"
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"Average prime European office yields move out by 20 bps during Q3 2023, as Berlin, Amsterdam, Madrid and Munich sit within fair pricing territory"

"September sees uptick in take-up, driven by demand from Financial sector occupiers"

"Solid Christmas trading expected as inflationary pressures reduce, while investor attitudes to retail about to be tested by large mall sales"

"Savills City market share stands at 49% year to date and 61% of all transactions over £100m"

"Over 20 new sales sets hope for active Q4"