^{Source: Savills Research}

■ A notable deal from August was the purchase of 63 Queen Victoria Street, EC4 for £33.5m, 4.68% and £748/ sq ft. The property has been bought by Hoi Hup from Standard Life and is currently fully let to tenants including Sterling Strategic Properties, BCP, Tech Mahindra and London City Physio. Savills acted for Hoi Hup.

■ Another deal which exchanged in August was the purchase of 12 Gough Square, EC4 for £24.8m, 4.50% and £840/sq ft. The property was purchased by Dorrington from Columbia Threadneedle and is multi-let to tenants including Blueprint Management Systems Ltd and Sayers Butterworth LLP.

■ Of the 99 City transactions so far this year, the fringe has accounted for the largest number at 48 (39% of turnover volume). The core has accounted for 37 transactions (48% of turnover volume), Midtown with 11 transactions (10% of turnover volume), and the Docklands three transactions (3% of turnover volume).

■ To date in 2016 Asian purchasers have accounted for the highest level of turnover (44%), followed by UK purchasers (20%) and European (20%). The percentage share for US purchasers is still relatively low at 9%, while Middle Eastern purchasers have only accounted for 3% of City turnover.

■ The average City vacant possession capital value has continued to rise year-on-year since 2012 and has peaked out at circa £730/sq ft this year, which is a 9% increase on last year. Indeed the appetite at these pricing levels is diminishing, and as costs rise and rental growth softens we would expect VP values alongside site values to begin to fall.

^{Source: Savills Research}

■ Savills prime City yield has remained at 4.25% for the third month. The spread between the City and the West End is still at 75bps with the West End prime yield also moving out 25bps post-referendum to 3.50%.

^{Source: Savills Research}

^{Source: Savills Research}