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London Offices Snapshot January 2022

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Our latest London offices Snapshot is now available, and includes insights on the London Offices market in Q4 2021.


Highlights include the below:

  • London office take-up reached a seven year high in Q4 (3.8m sq ft)

  • There were 13 transactions above 100k in 2021, compared to just four in 2020

  • London Vacancy still above trend 8.9% but stabilising

  • 58% of development completions in 2021 were pre-let

  • Prime rental growth set to return strongly in 2022

  • Investment volumes reached £12.6 bn in 2021

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London Offices Snapshot January 2022

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Related Experts

Guy Grantham

Director of Research and Forecasting

Research and Forecasting

London - West End

Guy has been a property research professional for 23 years and gained extensive knowledge of the UK and Global property markets. He has worked closely with a wide variety of major developers, landlords and occupiers in a consultancy capacity. Instrumental in supporting Hines' purchase of Brindleyplace for £200m, on which Colliers advised. He is now specialising in the London Office market using his extensive knowledge and experience to provide market leading insight into current occupier, investment and development trends.

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Alex Kemp

Director & Co-Head of West End Leasing

Landlord & Occupier Advisory

London - West End

Alex has been working in the Central London Office Market for nearly 10 years, dealing with all aspects of office agency; providing advice to developers, landlords and occupiers in respect of leasing and acquisitions. Alex joined the growing Colliers International Central London team in October 2015 from DTZ and covers the West End, Midtown, Southbank and Northern Fringe office markets. 

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Tom Wildash

Director & Co-Head of West End Leasing

Landlord & Occupier Advisory

London - West End

Director and Co-head of West End Office Leasing at Colliers International with experience in advising on new office developments and refurbishments, pre-letting campaigns, disposal of tenant space and leasing and marketing advice.

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