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Research

Report

Central London Market Report Q4 2012


Investment volumes reached £15.4bn in 2012; the largest total since the financial crisis. Indeed, only 2006 and 2007 saw a greater volume of transactions.

Leasing volumes were slightly higher in 2012, with the City proving more robust over the year. The TMT sector was the main driver of demand in the West End, with insurance playing a similar role in the City.

Supply levels marginally decreased in Central London, with construction starts exceeding completions. Vacancy levels in the West End remained stable at 4.1%, but rose marginally in the City to 7.5%.
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