Greater London & South East Office Market Watch
"Take-up in Q1 2018 reached 690,000 sq ft, which was 11% below Q1 2017"
Tagged Articles
"Take-up in Q1 2018 reached 690,000 sq ft, which was 11% below Q1 2017"
"At end April 2018, Leeds office investment volumes have reached £112m, already 12% above the 2017 total. With strong investor demand, we expect yields to hold firm at 5% this year"
"Leeds has carried its strong occupational momentum from the second half of 2017 into 2018. A shortage of new build and comprehensively refurbished supply is likely to add upward pressure to rents over the next 12–18 months"
"A number of pre-lets result in an active first quarter for the City"
"Strong take-up at the end of Q1 following initial slow start to 2018"
"There's a growing demand from occupiers who want flexibility but value their own front door."
"2018 looks set to be another strong year for the city."
"£220m of venture capital investment was deployed in the UK's cybersecurity sector during 2017, the strongest year on record and a 116% increase on 2016"
"With demands from technology rising each day, companies must do more to protect themselves and their customers from cyber attacks and data breaches. Savills Research investigates the growth within the cybersecurity sector and the effect this is having on UK offices"
" The above-average performance of Germany’s office markets continued in 2016. This resulted in the highest take-up since 2007, rising rents and diminishing availability. In central locations in particular, demand is significantly greater than the supply. Consequently, many occupiers are shifting to the next best locations or further out into the periphery, causing an increasing supply shortage and rising rents in these submarkets. While it remains to be seen how new office concepts will impact occupation of office space, demand is not expected to decline for the time being. Growth in new-build office space remains below average. As a result, there will be no meaningful improvement in the supply shortage over the coming years. Occupiers should, therefore, take a proactive approach by extending existing leases prematurely or becoming owner-occupiers. "