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London Offices Snapshot July 2021

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04 03 20 london offices
  • Transactional activity is on the rise once more towards the long term average with key London occupiers starting to reposition themselves within the London market and committing to new HQs. 
  • Premium product is in high demand accounting for the majority of take-up in Q2.
  • While vacancy remains elevated, the release of tenant space is slowing alongside gradual absorption of existing product.
  • Even amongst premium offerings, amenity, USPs and differentiation will be key to attracting and retaining the strongest covenants.
  • Investment activity is set for a major boost as the year progresses with a number of high-profile £1 billion plus lot sizes set to significantly boost volumes.
  • London continues to look highly attractive to overseas money despite uplift in bond yields and a general strengthening of sterling.

04 03 20 London offices

London Offices Snapshot July 2021

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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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