We are delighted to share our latest edition of the Central London Office Market Snapshot Q3 2022. In this edition, we look at the latest office leasing trends and what that means for businesses looking for office space across the capital.
Businesses have continued to commit to the office. For many, the latest leasing activity is the culmination of having reviewed workplace and workforce needs in the face of a shift to hybrid working patterns and the return to the office.
Despite a high level of available office space, tenant choice for the best-in-class options, well-located building, the best amenities, and great ESG credentials make for a competitive marketplace as we head into 2023 when inflationary and recessionary pressures look likely to bite. Businesses who have their eyes on nothing less than the best-in-class office space will find that most Central London markets are pushing further towards historic highs.
Download the full report here.
Here is what to expect from our insights on the latest market dynamics and trends that are influencing workplace decisions.
PG 2: Central London Office Market Snapshot Infographic providing a roundup of the key market trends from Q3 2022
PG 3: Office leasing headlines highlighting leasing volumes, average size of space leased and average lease length
PG 4-5: Office leasing activity in detail: small transactions boost leasing, which business sectors are active? And what can we expect in 2023?
PG 6: Availability levels yo-yo up and down: change in volume of space available by location, average size of spaces and space quality
PG 7-8: Office rents climb higher and set new benchmarks: Explore the 5-year rental change by market and the latest rents by grade
PG 9: Flexible office pricing head northwards: Increased pressure on pricing as demand grows for flex solutions
PG 10: Exclusive with DeVono: Check out office space that we are disposing of on behalf of our clients
Click on the report image below to download the document.