The London Commercial Real Estate Market UpdaTE
The Occupier: 2020 Predictions
In this bumper edition of The Occupier, we bring to you a comprehensive review of the Central London office market in 2019. A year in which tenant demand remained high, the squeeze on available office space got a little tighter and the pressure on rents increased, setting the scene for the year ahead.
Following the success of our predicting skills last year, our crystal ball has made another appearance as we also bring to you our top predictions that could influence the real estate market and tenant decision-making in 2020.
The shifting dynamics of supply and demand across the central London office market looks set to impact tenant decisions in 2020. An increase in rents and difficulty in matching requirements will hinder those businesses navigating the current market.
DeVono Cresa is here to support you on your real estate journey. If you would like any further information on anything included in this report, please do not hesitate to get in touch.