Take-up of office space in the West End reached 1.1m sq ft in Q2, says Knight Frank, which is a jump of 54% from the previous year and close to the long-term average of 1.2m sq ft. The figure was down 27% from Q1, but the first-quarter figure was ... Read more
Shaftesbury has reported continued good demand and letting activity across its West End property portfolio. In an update for the period from 1 October 2012 to 8 February 2013, the group says available vacant space is at “an exceptionally low level” ... Read more
Colliers International calculates that take-up of office space in the West End of London in the final quarter of 2012 was down significantly from the previous quarter’s strong total, due partly to lengthy negotiations on some deals. Expectations that ... Read more
Office occupiers in Central London are continuing to migrate eastwards, says The Times, citing research from Cushman & Wakefield showing that take-up of West End office space fell 25% in 2012 to 2.5m sq ft. This was despite the booming demand for ... Read more
GVA says the vacancy rate for office space in the West End of London fell to 4.6% during the third quarter of 2012, from 5.0% in the previous quarter, with take-up bouncing back after an exceptionally quiet Q2. The total amount of West End office ... Read more
Take-up of office space in the West End of London was subdued during July, says Jones Lang LaSalle, with 102,00 sq ft let across 10 transactions. So far this year 1.4m sq ft has been let compared with 1.6m sq ft at the same point in 2011. Demand ... Read more
Savills’ latest research into investment in property in the West End of London indicates that the total volume of deals done during the first half of this year totalled £2.7bn. May and June were “somewhat sluggish” in terms of turnover, in contrast ... Read more
While there are signs of an upturn in the corporate demand for office space in the City of London, after a subdued first quarter, Cluttons says the TMT sector has provided a “welcome supplement” to the traditional banking and finance occupiers in the ... Read more
Knight Frank expects the supply of office space in the City of London and offices in the West End to have fallen by the end of 2012 thanks to an increase in demand. The firm has released its Q1 2012 data for Central London offices, showing that ... Read more
Great Portland Estates has agreed a pre-let on the whole of 33 Margaret Street in London’s West End to Savills. This follows a pre-let agreement in December 2011 for most of the office space in the building. Savills has now pre-let all the ... Read more
