Back
News

Demand for London office space drops

Demand for London office space fell sharply in Q2 amid uncertainty relating to the referendum on European Union membership.

Figures from CBRE show a 22% drop in demand for space. At the same time, supply expanded to 13.3m sq ft, the fifth quarter in a row that supply has risen.

There is still a strong pipeline of new office space coming on-stream, while demand is likely to continue to remain subdued, CBRE said.

Click here for the full Times article (£)

 

Up next…