London offices market analysis
London offices market analysis
- 2008
- Estates Gazette (0828) 19 July 2008, 67-84(16) Estates Gazette London Offices Market Analysis (issue 2) 19 July 2008, 1-17(17) .
Discusses take up, supply, availability rates, asking rents and construction trends for various locations within London. Reports that the market continues to undergo a subdued period in response to the credit crisis triggered by problems in the US sub-prime housing market. Also, capital values dropped severely and a weakening occupier market is starting to affect returns. Developers remain concerned that the next stage of the economic cycle will be affected by the weakened market and that a focus must be made on preparation for an eventual improvement in the economic climate
London
Discusses take up, supply, availability rates, asking rents and construction trends for various locations within London. Reports that the market continues to undergo a subdued period in response to the credit crisis triggered by problems in the US sub-prime housing market. Also, capital values dropped severely and a weakening occupier market is starting to affect returns. Developers remain concerned that the next stage of the economic cycle will be affected by the weakened market and that a focus must be made on preparation for an eventual improvement in the economic climate
London