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Office property take-up in London, United Kingdom Q1 2020-Q4 2020, by area

As of the first quarter of 2020, Central London had close to 2.4 million square feet of office real estate take-up, making it the UK's largest office market. In the fourth quarter of the year, leasing activity dramatically decreased under the effects of the coronavirus (COVID-19) crisis. London City's take-up, for example, fell from 1.34 million square feet to less than 0.4 million square feet between the first and fourth quarter of the year.

Among UK regional cities, the leaders were Birmingham, Manchester, and Bristol. Aberdeen led the ranking in terms of year-on-year growth in take-up.

Take-up of office real estate in London, United Kingdom in 1st quarter 2020 and 4th quarter 2020

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Source

Release date

February 2021

Region

United Kingdom (England)

Survey time period

Q1 and Q4 2020

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Statistics on "Office real estate in London (UK)"

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