Research

Central London Office Market Dynamics, Q2 2024

Summary and analysis of Central London's current office market conditions.

July 22, 2024

Contributors:

Chris Valentine
Julian Sandbach
Elaine Rossall
Hayley Mooney

Improved levels of take-up evident with over 2.1 million sq ft signed in Q2, which was up on Q1 volumes and on a par with Q2 2023.

Both under offers and active demand remained above average, as new requirements emerge to replace satisfied demand.

Supply continued its downward trend, with contractions across all space types. This disguises nuances across the market, with the City driving supply reductions.

Download the full Central London Office Market Report for Q2 2024 here

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