The availability of central London commercial property rose by 6% in Q3, its first rise in two years, according to CBRE.
Despite this, overall levels of availability are still 29% below their 10-year average of 14.7m sq ft.
CBRE said the rise in availability was partly due to a dip in take-up, which fell by 11% in Q3, but more due to the 42% rise in marketed availability as many un-let properties moved within 12 months of completion.
Completed developments in 2015 are expected to reach 3.6m sq ft. Forecasters predict this figure will rise to 6.6m sq. ft. in 2016, marking a return to pre-crisis levels.
