South East office take-up hits 10-year high

Virgin Media 500 Brook Drive Green Park Reading 2

The South East office market recorded the highest take-up in over a decade last year, new data from CBRE has shown.

Last year’s take-up reached more than 3.5m sq ft, the highest level since 2007. Deal activity was 44% ahead of 2017 and 20% above the five-year average.

In the second half of the year, deals of 50,000 sq ft-plus represented more than 1m sq ft or 44% of total take-up. There were only three deals of that size throughout the whole of 2017.

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