City and West End office take-up outstrips 10-year average

City v West End Vacancy Rate

Office take-up exceeded 1.1m sq ft across the City of London and West End markets in May, thanks to strong demand from the technology and professional services sectors, according to the latest data from Savills.

Take-up in the City for the year to date stood at 2.7m sq ft – 10% up on this point last year and 30% up on the 10-year average.

In the West End, take-up was 1.62m sq ft, 11% up on the same period in 2017 and 9% up on the long-term average.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now