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Central London office take-up slumps

Series: Property Week ; 68(1) 10 January 2002, 8(1)Publication details: 2003Subject(s): Summary: Knight Frank's latest quarterly report on central London has revealed a drop of 45% in office take-up in the final quarter of 2002; the worst hit area was the City. The total annual take-up came to 882 570sq m (9.5sq ft), 35% less than 2001. Copies of the Knight Frank reports can be found on http://www.knightfrank.com. CB Hillier Parker's report also reflects the same comments on the market: their reports can be found on http://www.cbhillierparker.com.

Knight Frank's latest quarterly report on central London has revealed a drop of 45% in office take-up in the final quarter of 2002; the worst hit area was the City. The total annual take-up came to 882 570sq m (9.5sq ft), 35% less than 2001. Copies of the Knight Frank reports can be found on http://www.knightfrank.com. CB Hillier Parker's report also reflects the same comments on the market: their reports can be found on http://www.cbhillierparker.com.