In 2021, Central London's availability of office space was over 20 million square feet. During the observation period, all areas saw a rise in availability. London City had the highest change, from almost 4.7 million square feet, to 5.9 million square feet. There are many factors which affect office availability. Nevertheless, some of the increase of tenant release space can be attributed to the coronavirus (COVID-19) lockdown and the disruption of business activities.
Availability of office real estate in London (UK) from 2020 to 2021, by area (in million square feet)
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Other statistics that may interest you Office real estate in London (UK)
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Availability and vacancies
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Rents and prime rents
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Further related statistics
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Statistics
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Colliers International. (January 27, 2022). Availability of office real estate in London (UK) from 2020 to 2021, by area (in million square feet) [Graph]. In Statista. Retrieved December 04, 2023, from https://www.statista.com/statistics/1169887/office-property-availability-london-united-kingdom-uk/
Colliers International. "Availability of office real estate in London (UK) from 2020 to 2021, by area (in million square feet)." Chart. January 27, 2022. Statista. Accessed December 04, 2023. https://www.statista.com/statistics/1169887/office-property-availability-london-united-kingdom-uk/
Colliers International. (2022). Availability of office real estate in London (UK) from 2020 to 2021, by area (in million square feet). Statista. Statista Inc.. Accessed: December 04, 2023. https://www.statista.com/statistics/1169887/office-property-availability-london-united-kingdom-uk/
Colliers International. "Availability of Office Real Estate in London (Uk) from 2020 to 2021, by Area (in Million Square Feet)." Statista, Statista Inc., 27 Jan 2022, https://www.statista.com/statistics/1169887/office-property-availability-london-united-kingdom-uk/
Colliers International, Availability of office real estate in London (UK) from 2020 to 2021, by area (in million square feet) Statista, https://www.statista.com/statistics/1169887/office-property-availability-london-united-kingdom-uk/ (last visited December 04, 2023)
Availability of office real estate in London (UK) from 2020 to 2021, by area (in million square feet) [Graph], Colliers International, January 27, 2022. [Online]. Available: https://www.statista.com/statistics/1169887/office-property-availability-london-united-kingdom-uk/