Central London Office take up boosted by pre-let activity

Office availability also rose steadily to 15.6million sq ft, following a large quantity of second-hand space coming back onto the Central London market – this represents an availability rate of 7.1%.

Digby Flower, Executive Director, CBRE said: "The strong take-up in November was down to deals completing from earlier in the year. There is still a sizable amount of space under offer which should translate into leasing activity over the next six months. Beyond this, occupiers are likely to delay taking space until there is greater clarity on the macroeconomic picture."

Active requirements in the Central London market rose by 5% in November to reach 13.1million square feet. The West End saw the most significant leap in demand, rising by 15% to 4.9 million square feet.

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