Commercial Real Estate Analysis of Central London Office Space
Our quarterly review of the central London office occupier and investment markets.
London’s office market saw a solid start to 2022 – with just over 2m sq ft let across the first three months of the year.
Although this figure represents a substantial increase against this point last year, it is still 8% below the long-term average for Q1 letting volumes, with only three deals above 50,000 sq ft getting over the line.
In the investment market we saw momentum gather in the London office investment market throughout 2021, and this was maintained in terms of overall spend across the first three months of 2022.