Share of London office space under construction: new build vs refurbishment Q1 2019

This statistic shows the share of London office real estate constructions that are new builds vs those that are refurbishments in the first quarter 2019, by area. During this time period Paddington saw one hundred percent of office real estate under construction that were new builds. The Southbank, in contrast, had 28 percent of office constructions that were new builds in same time period. Central London saw 71 percent new builds and 29 percent refurbishments.

Share of London office space under construction that are new builds vs refurbishments in the 1st quarter 2019, by area

New buildsRefurbishments
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Source

Release date

2019

Region

United Kingdom

Survey time period

1st quarter 2019

Special properties

developers*

Supplementary notes

* The survey samples developers who are building new offices or undertaking significant refurbishment of 10,000 sq ft or more.

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

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