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​West London & Thames Valley office market in strong shape post Brexit

Our annual West London and Thames Valley office seminar took place on Wednesday 13 September, 2017. The seminar highlighted the strength of the region's office market post Brexit, painting it as an attractive proposition for both investors and occupiers drawing on the following conclusion:

  • Office investment in the region is set to record a stellar year, with in excess of £2 billion of deals already transacted. Overseas investors have accounted for over 60% of these deals, hailing from a wide cross-section of geographies.

  • The office leasing market has performed at a steady rate and is set to hit 1.75 million sq ft of take-up by year end. 

  • The Elizabeth Line is beginning to influence occupier thinking and the development pipeline being delivered on this key piece infrastructure stand to benefit from new entrants to the market. Further to this, opportunities for investors and developers can be found as a result of the £45billion of investment in the wider South East's infrastructure, which will increase connectivity.

  • Technology is impacting the way businesses are structured and influencing occupier decision making, with clusters of growth businesses.  In particular, the automotive industry has the opportunity to grow through electric and autonomous vehicles research and development.  The Life Sciences cluster in the wider South East is increasing in strength, with occupiers wanting to be located close to their suppliers, customers and competitors.

  • A call to action to embrace employee wellbeing was given, outlining it as a future success marker which provides the ability to improve asset performance and increase employee productivity.  

As part of the presentation, Ben Burston (UK Research) and Claire Racine (Upstream Sustainability) highlighted the impact of technology and wellness in the workplace, if you would like to find out more please visit the links below where you can discover our research into the Human Experience and the Workspace, reworked.

Speakers

Angus-Minford-JLL-sml.jpg

Angus Minford

Director – National Investment
+44 (0)20 7087 5350
angus.minford@eu.jll.com

 James-Finnis-JLL-sml.jpg            

James Finnis

Director - South East Office Agency
+44 (0)20 8283 2534
james.finnis@eu.jll.com

Ben-Burston-JLL-sml.jpg ​            

Ben Burston

Director - UK Offices Research
+44 (0)20 7399 5289
ben.burston@eu.jll.com

Claire-Racine-JLL-sml.jpg


Claire Racine

Associate Director – Upstream Sustainability Services
+44 (0)20 7087 5605
claire.racine@eu.jll.com