Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Central London office market set for boost in 2006

  • Comment
The central London office market is experiencing a much-needed boost, according to figures released by a major property adviser.

According to DTZ, the current availability of office stock stands at 1.8 million sq m, compared to 2.6 million sq m this time last year.

The capital's shrinking supply of offices will be good news for the raft of architects working on speculative office schemes in the capital.

The West End has proved particularly popular over the last 12 months. Here, nearly 500,000 sq m of office stock was rented out over the past year, 100,000 sq m more than the previous year.

Head of central London agency at DTZ, John Forrester, said: 'This steadily improving situation in central London is likely to continue through 2006.

'The central London economy is internationally facing, and is benefiting from buoyant demand for financial and professional services,' he added.

by Rob Sharp

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.