Skip to main content Skip to footer

South East Offices Snapshot Q4 2020

Download Report
alt=""

In this quarter’s snapshot, we highlight the following:


  • Quarterly take-up at 350,006 sq ft, over 50% below the 10-year quarterly average. This serves to emphasise the impact the November lockdown had upon deals execution and trajectory.

  • Just 19% of marketed availability is sublease space, which suggests greater potential for rental stability.

  • Reoccupation of office space will create challenges but expected reduction in density and redesigns means overall occupier footprints are unlikely to see significant reductions.

  • There remains pent up demand from both UK and overseas Investors for long-let offices secured against strong covenants.

  • We anticipate confidence returning to investors and occupiers as a result of the UK/EU trade deal and the increasing rollout of COVID-19 vaccines now in circulation.

alt=""

South East Offices Snapshot Q4 2020

Download Report
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.

View expert