Central London under offers hit 18-year high

Royal Mint Delancey

The amount of central London office space under offer increased by 39% over the course of Q2 2018 to reach 4.3m sq ft, the highest quarterly level since Q3 2000.

New research from CBRE has revealed that office under offers also remained significantly above the 10-year average of 2.9m sq ft for the sixth consecutive quarter. The largest unit under offer at the end of Q2 is for 404,600 sq ft at 11/21 Canal Reach in King’s Cross.

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