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West End Office Market Watch
"The new year sees subdued levels of take-up, but a renewed optimism for the year ahead"
Tagged Articles
"The new year sees subdued levels of take-up, but a renewed optimism for the year ahead"
"Whilst demand and transaction levels around the country were negatively impacted by COVID-19, it has been encouraging to see sentiment and confidence return in Q4/2020 with further positive signs evident in the early days of 2021."
"Low vacancy levels persist. Asking rents of several office buildings actually rose amid the pandemic as low vacancy strengthened landlord confidence"
"Beds and Sheds help the UK investment market finish strongly in 2020"
"Alan Cheong discusses the likely predictions and trends for the office space landscape in 2021."
"December records highest monthly volume of 2020 bringing the annual total to £4.48bn"
"While rents have adjusted slightly this quarter, the moderations were mostly found in Shibuya as the rest of the market holds fairly resilient. Prevalent work-from-home arrangements may also change some dynamics of the office market."
"Whist market fundamentals are still sound, the impact of COVID-19 is being felt. Accorodingly, vacancy rates have loosened and rental growth momentum is losing steam. If the downturn is prolonged and large potential vacancy materialises late this year as new supply comes online, the direction of the markets may change abruptly."
"Vacancy rate increases to 5.7% as leasing activity continues to remain subdued"
"Leasing activity picks up and space under-offer increases, despite second lockdown"