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London office take-up climbs 25%


VIDEO: London office take-up climbed 25% in the second quarter of 2015, while investment rose by a fifth, according to Estates Gazette’s London Office Market Analysis.

A thriving London office market is leading to higher rents and tightening supply in the core sub-markets, allowing new areas to emerge to satisfy occupier demand.

The announcements by Transport for London and the Financial Conduct Authority that they are to take just short of 700,000 sq ft of space at the international quarter in Stratford, E15, have the potential to put a new London office market on the map.

Estates Gazette spoke to the organisations to hear why they decided to make the move.

In an increasingly tight market, price obviously played an important part, but the benefits of Stratford seem to be more than just cost.

Watch the video above, or click here to read the full London office market analysis for Q2 outlining who made the league table of top office agents in London.

alex.peace@estatesgazette.com

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