Office Property Data and Market ReportsProperty data, infographics and market reports for offices.
Prime commercial property rents increased by 0.8% on average in the first quarter of 2017, boosted by the strong performance of the industrial sector, according to CBRE.
London office vacancy rates increased in the first quarter mainly because of the high volume of secondhand space hitting the market, according to data from Colliers International.
Strong occupier demand and a lack of supply have pushed up the city’s rents - and they look set to rise further still.
The central London office market won’t suffer the sharp falls in rents seen in previous cycles, according to analysis by CBRE that draws on more than 30 years of data.
Average UK prime yields sharpened to 4.79% in February 2017, with the UK now in the longest sustained period of decreasing yields since early 2014.
Despite the threats posed by Brexit, London remains one of the most competitive global cities to do business in, according to Savills’ latest European Cities report.
JR Capital has completed a reversionary purchase of an office investment in Shoreditch as part of a planned deployment of £50m-£75m of equity in central London over the course of 2017.