Central London offices - New Year prospects

Ives, Paul

Central London offices - New Year prospects - 2012 - Sustainablebuilding inc Propertyforecast (60) February 2012, 14-15(2) .

What are the prospects in 2012 for the central London office market after a fairly average year in 2011?. Although the number/volume of requirements in the central London office market is healthy, corporate caution will keep office take-up in 2012 down to similar levels to 2011. Rents are unlikely to rise far but available new office space will increase only slightly with refurbishments coming on-stream late in the year. 1000 companies will have to make relocation decisions in the next 18 months plus a further 2000 central London companies facing relocation decisions by 2016.


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