Central London is one of the biggest office real estate markets in Europe. In 2019, the market grew, reaching almost 3.7 million square feet of take up as of the fourth quarter of 2019. In the wake of the coronavirus (COVID-19) pandemic, the period between April and June 2020 saw a steep decline in take-up, falling to almost one third of Q2 2019 take up.
Quarterly take-up of office real estate on the the commercial property market in Central London from 2nd quarter 2019 to Q2 2020, by market
(in square feet)
Characteristic
City
West End
Midtown
Southbank
Docklands
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CBRE Group. (August 13, 2020). Quarterly take-up of office real estate on the the commercial property market in Central London from 2nd quarter 2019 to Q2 2020, by market (in square feet) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1129773/quarterly-office-real-estate-take-up-london-united-kingdom/
CBRE Group. "Quarterly take-up of office real estate on the the commercial property market in Central London from 2nd quarter 2019 to Q2 2020, by market (in square feet) ." Chart. August 13, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1129773/quarterly-office-real-estate-take-up-london-united-kingdom/
CBRE Group. (2020). Quarterly take-up of office real estate on the the commercial property market in Central London from 2nd quarter 2019 to Q2 2020, by market (in square feet) . Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1129773/quarterly-office-real-estate-take-up-london-united-kingdom/
CBRE Group. "Quarterly Take-up of Office Real Estate on The The Commercial Property Market in Central London from 2nd Quarter 2019 to Q2 2020, by Market (in Square Feet) ." Statista, Statista Inc., 13 Aug 2020, https://www.statista.com/statistics/1129773/quarterly-office-real-estate-take-up-london-united-kingdom/
CBRE Group, Quarterly take-up of office real estate on the the commercial property market in Central London from 2nd quarter 2019 to Q2 2020, by market (in square feet) Statista, https://www.statista.com/statistics/1129773/quarterly-office-real-estate-take-up-london-united-kingdom/ (last visited August 25, 2024)
Quarterly take-up of office real estate on the the commercial property market in Central London from 2nd quarter 2019 to Q2 2020, by market (in square feet) [Graph], CBRE Group, August 13, 2020. [Online]. Available: https://www.statista.com/statistics/1129773/quarterly-office-real-estate-take-up-london-united-kingdom/