Missed EG’s London Office Market Analysis presentation yesterday?
Watch and listen in full here.
EG’s senior analyst Graham Shone looks at the outlook for London’s office market and examines why:
• London’s office take-up dropped by a quarter in Q4 2016
• Space under offer fell below 1m sq ft for the first time since 2009
• Nearly 1m sq ft of completions were unlet in quarter four, higher than 14 out of the last 16 quarters
• Rents in four key markets dropped
• Finance sector represented a third of London’s vacated space, the first time since 2012 that finance has been the dominant sector in vacating London space