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Central London office market shows signs of life

Series: CB Richard Ellis News Release ; 5 August 2003, (1)Publication details: 2003Subject(s): Summary: Take-up of over 2m sq ft for the first time since the third quarter of 2002 is highlighted in CB Richard Ellis' second quarter 2003 analysis of the Central London office market. Pre-letting activity has accounted for only 5% of lettings over the first half of 2003. Availability continues to rise but at a lesser rate than the previous four quarters. The development cycle is easing with a very low level of new building. Central London investment transaction volumes rose by over 20% in the second quarter 2003. The report is available at http://gkc2.cbrichardellis.com/GlobalMarketReports/uk/centrallondon2q03ofc.pdf http://www.cbre.com/International/Sites/UK/Research/UK+Research+/UK+Research.htm?pageid=5
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3931-11 (Browse shelf(Opens below)) 1 Available 123290-1001

Take-up of over 2m sq ft for the first time since the third quarter of 2002 is highlighted in CB Richard Ellis' second quarter 2003 analysis of the Central London office market. Pre-letting activity has accounted for only 5% of lettings over the first half of 2003. Availability continues to rise but at a lesser rate than the previous four quarters. The development cycle is easing with a very low level of new building. Central London investment transaction volumes rose by over 20% in the second quarter 2003. The report is available at http://gkc2.cbrichardellis.com/GlobalMarketReports/uk/centrallondon2q03ofc.pdf http://www.cbre.com/International/Sites/UK/Research/UK+Research+/UK+Research.htm?pageid=5