Image from Google Jackets

M25 vacancies at six-year high

Series: Estates Gazette ; (0216) 20 April 2002, 27(1)Publication details: 2002Subject(s): Summary: According to Knight Frank's latest quarterly report, the M25 vacancy rate rose to 6.7% during the 1Q of 2002, its highest level since December 1995. Knight Frank believe the increase in availability has been driven by the supply of new space, which has grown by more than a third to 1.9m sq ft since the end of 2001. During the same period the volume of space under construction fell by 24% to 3.8m sq ft. Knight Frank website http://www.knightfrank.com

According to Knight Frank's latest quarterly report, the M25 vacancy rate rose to 6.7% during the 1Q of 2002, its highest level since December 1995. Knight Frank believe the increase in availability has been driven by the supply of new space, which has grown by more than a third to 1.9m sq ft since the end of 2001. During the same period the volume of space under construction fell by 24% to 3.8m sq ft. Knight Frank website http://www.knightfrank.com