Spotlight: Savills Prime Office Costs – Q4 2021
"Returning economic certainty, the global war for talent, and increasing desire for more sustainable and flexible options have encouraged occupiers to look for top-quality spaces in global cities"
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"Returning economic certainty, the global war for talent, and increasing desire for more sustainable and flexible options have encouraged occupiers to look for top-quality spaces in global cities"
"Is the UK commercial property market well poised for a stronger 2022?"
"Central London office take-up predicted to reach 8.2 million sq ft in 2022 as most occupiers look to maintain or add space"
"City experiences highest monthly take-up in 24 months, as year-to-date take-up passes 4m sq ft"
"Altered priorities ahead?"
"Development completions are set to hit a peak this year whilst new starts show little sign of a significant fall"
"The pent-up demand, which was on hold in 2020, has returned in 2021, with take-up recorded in H1 2021 being 22% above the five-year average…"
"Q2 take-up figures up marginally on previous quarter, whilst requirements and under offers continue to rise"
"Take-up reaches 1.2m sq ft while supply continues to fall and prime rents remain stable"
"Office development completions are at a five-year high. How does this affect the demand and supply equilibrium?"