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London offices market analysis

By: Language: English Series: Estates Gazette ; (0929) 25 July 2009, 59-76 (17) | Estates Gazette London Offices Market Analysis ; (issue 2) April-June 2009, 1-17 (17)Publication details: 2009Subject(s): Summary: Discusses take up, supply, availability rates, asking rents, construction and investment trends for various locations within London. Reports that the market is still experiencing the consequences of the credit crunch. Forecasts an important loss of economic output and employment. Average rental prices are still reducing in London. Explains that there is a slight improvement in the investment market in the second quarter 2009. Reveals that the rate of decline of capital values is slower. Suggests a very slow pace to recovery.

Discusses take up, supply, availability rates, asking rents, construction and investment trends for various locations within London. Reports that the market is still experiencing the consequences of the credit crunch. Forecasts an important loss of economic output and employment. Average rental prices are still reducing in London. Explains that there is a slight improvement in the investment market in the second quarter 2009. Reveals that the rate of decline of capital values is slower. Suggests a very slow pace to recovery.