London Floor Review Q4 2016

A floor-by-floor analysis of the London office market Q4 2016

Providing data and insight on take-up, availability and rents on a floor-by-floor basis, the London Floor Review is essential reading for those looking for an alternative perspective on the performance of the London office market.

Main findings this quarter:

  • Strong end to 2016 as take-up rises 18% in Q4
  • However, 2016 occupier demand down 12% on 2015
  • Media & tech firms the most acquisitive occupier sector of the quarter
  • Take-up in the East jumps 50% in Q4
  • Volume of available space rises 5% across London, but rate remains low at 5.1%
  • ‘Tenant space’ accounts for 20% of all available office space in London
  • Net effective rents fall as incentives move out further
  • 22% rise in space under offer as lease negotiations remain protracted.

To find out more, please download the full report.