07/02/2019

London | Offices

South East Offices Review Q4 2018

South East Offices Review Q4 2018

South East office take-up for 2018 totalled 3.42m sq ft, a 10 year high for the market. This followed a particularly strong Q4, the best performing quarter for five years, where take-up reached 1.18m sq ft.
  •  The serviced office sector was increasingly active during 2018 with 19 new centres acquired by operators, totalling 512,000 sq ft and accounting for 15% of total take-up.
  • Investment activity in the South East totalled £2.80bn in 2018 across 117 transactions, surpassing the 10-year average by 11%.
  • At Q4 2018, prime yields in the South East have recorded some inwards yield movement, standing at 4.75% in from 4.90% at Q3 2018.
Your Contact

Stephanie McMahon

Stephanie McMahon
Head of UK Research
Research
+44 (0) 20 7338 4002

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