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.

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.

Sign up now for the following benefits:

  • Four FREE articles of your choice 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

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue