"May sees an uptick in the level of requirements, although more are being placed on hold"

"Take-up drops amidst Covid-19 uncertainty, whilst space under offer remains at a high level"

"Inevitable drop in take-up for April, although still a significant amount is under offer in the City"

"City was seeing a strong first quarter until the lockdown began last month"

"Lowest Q1 take-up in twelve years with transactional activity down a third on the long-term average"

"Grade A rents slump by 5.2% in Q1 Grade A office rents plunged by 5.2% over Q1/2020, the worst quarterly performance since the 2008/2009 financial crisis, with the average vacancy rate rising to over 5%."

"With delays for future schemes expected, the constraint on supply is anticipated to get tighter"