Skip to main content Skip to footer
Change country

London Offices Q3 Snapshot

Download Report
30 04 20 london west end
By Guy Grantham

In this month’s London Offices Snapshot we highlight –

  • Further restrictions due to a worsening R rate across the entire UK, is acting to cause the recovery witnessed in late summer to stall. 
  • Vacancy is starting to rise across the wider London market as the slowdown in deals execution begins to impact upon absorption. London wide vacancy is now up to 6% in Q3 but still below the long term (20 yrs) average 
  • Transaction levels will remain subdued for the remainder of 2020 with only relocations planned pre-COVID or forced movers likely to be in the market.
  • Annual investment volumes to date total £5.7bn and despite improvement in Q3, 2020 levels remain close to 30% down on the equivalent period in 2019
30 04 20 london west end search

London Offices Q3 Snapshot

Download Report
Related Experts
Guy Grantham | Colliers | London - West End

Guy Grantham

Director of Research and Forecasting

Research and Forecasting

London - West End

+44 20 7344 6793
+44 779 596 3710
Email

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.

View expert