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 content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue