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All change at the top

Top Western Corridor agents 2015 by total space disposed (12 months to end of June)

Ranking Agent Space (sq ft) Deals
1 Strutt & Parker 705,977 52
2 JLL 552,417 43
3 Savills 471,883 48
4 DTZ 365,706 21
5 Hanover Green 361,820 55
6 CBRE 325,348 20
7 Lambert Smith Hampton 294,137 71
8 Campbell Gordon 289,794 44
9 Cushman & Wakefield 266,792 16
10 Hollis Hockley 261,552 38

Strutt & Parker came out on top after a shake-up in the Western Corridor office agents league table, which saw last year’s leader CBRE drop to sixth place and DTZ rocket up to fourth.

5 Sep League Table Western Corridor PieWith deal volumes down but numbers relatively steady across the market, Strutts still managed to increase its disposals by 8% to almost 706,000 sq ft and boost its deals by a third to 52.

Runner up JLL managed to work its way up from fourth, acting on 552,000 sq ft, while Savills rounded out the top three, with just shy of 472,000 sq ft of deals and a rise of 17% in terms of deal numbers.

With tenants opting for less space and deal sizes dropping by more than 13% over the year, agents had to work hard to increase floorspace totals, but five of the top 10 still managed to surpass last year’s figures.


Biggest lease

The 105,000 sq ft taken by Pepsico at Green Park in Reading helped to bolster the totals of Cushman & Wakefield, Campbell Gordon and DTZ. All acted on the deal.


Biggest sale

While the sale of the 72,000 sq ft Windrush Court to Oxford Biomedica was the largest by area, the £15m sale of the Old Hoover Building on Western Avenue was the largest by value – though this failed to get ART Chartered Surveyors a spot in the top 10.


5 Sep League Table Western Corridor

Biggest winner

Despite acting on just 21 deals, the third lowest in the top 10, DTZ worked its way up to fourth from a sub-top 10 finish last year by acting on Pepsico’s letting of almost 105,000 sq ft.


Biggest loser

The big-ticket deals did not come off for CBRE this year. Despite acting on the same number of deals, floorspace transacted more than halved, dropping it down to sixth place.

alex.peace@estatesgazette.com

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