01/23/2012

London | Offices

At A Glance Q4 2011

Central London Office Market

2011 Central London take-up was 20% lower than the long term average.

- The TMT sector became the most active sector in 2011, replacing financial services.

 

- With limited development completions scheduled for 2012, grade A availability will continue to fall over the next 12 months.

 

- Looking foward, requirements from the TMT sector will remain strong.  Consolidation and mergers in the legal sector will also start to create demand.

 

- Further modest rental uplift is forecast for the West End, whilst 2012 City rental growth is expected to be limited.

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Higgins Claire

Claire Higgins
Head of
+44 207 338 4122

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