Colliers | Occupier Insights London Offices Market Update October 2020

This year has been one of the most unusual in the history of our industry as all aspects of our lives have been impacted by COVID-19, and as eyes turn to recovery, our Project & Building Consultancy team alongside our Research & Forecasting team have compiled this report to provide an overview of the London office market in the context of how the wider economy is performing.

We conducted a survey in both Q1 and Q3 2020 to ‘take the temperature of the market’ based on responses from contractors, suppliers and consultants that specialise in the London fit-out sector, helping occupiers to make informed decisions in these uncertain times.

In this report we also look at how leasing activity has been affected over the last six months, and how this is in turn is impacting on fit-out costs and tender price inflation. The situation is ever evolving, and here we provide some clarity that can help inform decision making.

Occupier Insights London Offices Market Update October 2020

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Colin Wood

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+44 20 7344 6540

07714 073532

As a leading cost consultant in the EMEA region,I help to shape design solutions by maximising value to clients and protecting their commercial interests.

I have worked as a cost consultant in London since 2000, initially working for Gardiner & Theobald for three years on a number of new build commercial office developments. Upon joining Turner & Townsend in 2004 I primarily worked on cultural sector projects such as Darwin Centre Phase 2 at Natural History Museum and the refurbishment of Tate Britain. Since 2010 I have specialised in interior fit out. I joined the Colliers team in August 2019 to help lead our Cost Management offer.

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Guy Grantham

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