Central London Office MarketView Q2 2017
- Take-up in Central London for Q2 2017 was 3.3 million sq ft, an increase of 30% on the previous quarter and 6% above the 10-year average.
- The largest deal of the quarter saw WeWork pre-let 283,500 sq ft at Two Southbank Place.
- Availability fell back in Q2, decreasing by 4% to stand at 14.3 million sq ft, below the 10-year average of 14.8 million sq ft.
- Under offers increased by 9% to 3.5 million sq ft, 15% above the 10-year average.