Under offers rise

  • Take-up fell by 72% in January to stand at 0.4m sq ft.
  • The largest transaction of the month was a 78,700 sq ft letting to Mimecast at 1 Finsbury Avenue.
  • Availability rose 5% in January, but remained below average at 14.2m sq ft.
  • Under offers rose 18% to 3.7m sq ft, 31% above average.

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