Thames Valley office market will get worse
Thames Valley office market will get worse
- 2003
- Estates Gazette (0349) 6 December 2003 25(1) .
According to Rogers Chapman's latest Golden Triangle report for Autumn 2003 office rents will fall a further 15% during the next six months. Rents have already fallen in the area west of Hammersmith to Reading by an average of 6% in the six months leading up to June this year. Average prime rents now stand at £23 per sq ft, with a vacancy rate of 16%, and total supply standing at 11.5m sq ft. Copies of the report are available from http://www.rogerschapman.co.uk/640x480.html.
OFFICES
PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
THAMES VALLEY
According to Rogers Chapman's latest Golden Triangle report for Autumn 2003 office rents will fall a further 15% during the next six months. Rents have already fallen in the area west of Hammersmith to Reading by an average of 6% in the six months leading up to June this year. Average prime rents now stand at £23 per sq ft, with a vacancy rate of 16%, and total supply standing at 11.5m sq ft. Copies of the report are available from http://www.rogerschapman.co.uk/640x480.html.
OFFICES
PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
THAMES VALLEY