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Downtown downturn

By: Series: Estates Gazette ; (0147) 24 November 2001, 61-62(2)Publication details: 2001Subject(s): Summary: Analysis of the central London office market which is experiencing a surge in availability accompanied by falling rents. The 3Q 2001 figures show that total take-up fell by 40% on the previous quarter but 3.5m sq ft flooded onto the market, much of it secondhand. Concludes that the arguably the reality of the market is better than the statistics suggest as the factors such as the vacancy rate are still low by historic standards. With tables of central London offices take ups and availability.
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Journal article London Journal article ABS64880 (Browse shelf(Opens below)) 1 Available 116018-1001

Analysis of the central London office market which is experiencing a surge in availability accompanied by falling rents. The 3Q 2001 figures show that total take-up fell by 40% on the previous quarter but 3.5m sq ft flooded onto the market, much of it secondhand. Concludes that the arguably the reality of the market is better than the statistics suggest as the factors such as the vacancy rate are still low by historic standards. With tables of central London offices take ups and availability.