London office investment activity soars in Q4 2019
Total take-up last year stood at 12.8 million sq ft, down on the 14.8 million registered in 2018.
12 March 2021
Despite the fall, market activity has remained robust and diverse. This, despite one of the most complicated and divisive political climates in recent memory; a testament to the resilience and attractiveness of London as a magnet for talent, businesses and investors.
Defining market themes in Q4 included:
• A flurry of post-election deals lifts investment turnover by 94% in Q4 2019
• Spiking in pre-let activity could signal a structural shift in the market, with more occupier-developer-landlord partnerships to come
• The persistent supply shortage expected which will underpin new record rents across the board
To review the latest London office market performance statistics, see latest London Offices Spotlight.
