Central London Office market report - January 2015
Market conditions are now firmly in the landlords' favour. High levels of take-up and constrained development activity over recent years have seen vacancy rates drop dramatically from their 2009 peaks.
Market conditions are now firmly in the landlords' favour. High levels of take-up and constrained development activity over recent years have seen vacancy rates drop dramatically from their 2009 peaks Our latest finding include;- 2014 witnesses the highest annual take-up across the Central London office market since 2000.- TMT occupiers have dominated the market, accounting for 24% of total take-up for the year and 31% in the final quarter.- Central London Office investment volumes surge in the final Quarter of 2014, setting a new quarterly record. Overseas capital dominates the market during the quarter and the year as a whole.
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