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Central London Market Report Q3 2012

​Occupier demand increased to its highest level since 2009 and is now in-line with the long term average. Year to date leasing volumes are 6% ahead of the equivalent period last year and continue to be driven by the TMT sector. Whilst we have seen recent improvements in the Eurozone, we still remain cautious and our outlook for annual take-up volumes is modest, with a below average year almost certain.


London office investment volumes totalled £11.7 billion over the year to date, 41% ahead of the equivalent period last year. Overseas equity continues to be the main driver behind volumes and this dominance is set to continue through the final quarter of 2012.


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