Colliers International has doubled its market share in the West End following its acquisition of H2SO.
In the first league table combining their deals since the agent bought West End specialist H2SO in June last year, Colliers commanded 14% of the market and has moved up into fourth place. A year ago its deals combined with H2SO would have totalled 7% of the market, according to figures from EGi’s London Office Research.
Colliers signed more deals than any other West End agent and was within 10,000 sq ft of overtaking Knight Frank.
A frenzy of consolidation is underway in London’s agency landscape. DTZ is reported to be preparing a $2bn (£1.3bn) bid for its rival Cushman & Wakefield in a deal that would have resulted in its controlling a fifth of the London market last quarter.
CBRE remains the outright winner, controlling 28% of the total London market and finishing second place or above in five out of six submarkets. Only the City fringe market, where it finished third, spoiled a clean sweep.
Click on the buttons in the interactive graphic below to change the view from market share to number of deals and sq ft disposed of. Scroll down to see all six submarkets.
