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Markets Midtown and South Bank

By: Contributor(s): Language: English Series: Property Week ; 75(45)6 November 2009, 63-77(5)Publication details: 2009Subject(s): Summary: ING and other landlords are putting their standing assets in the area up for sale. South Bank's successful More London development is indicative of the increasing popularity of that area. The secondary office market in both areas is seeing slashed rents. A steady Midtown office market is encouraging landlords with secondary stock to refurbish (new and refurbished space accounts for only 26% of Midtown available office stock). South Bank's office market is showing signs of life after a dismal Q2 2009. Map. List. Charts.

ING and other landlords are putting their standing assets in the area up for sale. South Bank's successful More London development is indicative of the increasing popularity of that area. The secondary office market in both areas is seeing slashed rents. A steady Midtown office market is encouraging landlords with secondary stock to refurbish (new and refurbished space accounts for only 26% of Midtown available office stock). South Bank's office market is showing signs of life after a dismal Q2 2009. Map. List. Charts.