Under offers at 18-year high as take-up rises

  • Central London take-up for Q2 2018 was 3.5m sq ft, a quarterly increase of 21%.
  • Availability in Central London fell by 4% to 13.8m sq ft, remaining below the 10-year average of 15m sq ft.
  • Under offers are at their highest level since Q3 2000, rising to 4.3m sq ft.
  • Prime rents remained unchanged in all Central London markets over the course of the quarter.

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