Demand for office real estate in the City of London exceeded six million square feet in 2023, which was the highest value recorded since 2019. Demand for offices plummeted in 2020 when the coronavirus pandemic broke out. Although take-up has increased since then, it remains below the levels before the pandemic.
Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023
(in 1,000 square feet)
Characteristic
Q1
Q2
Q3
Q4
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
JLL. (January 24, 2024). Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1202231/office-property-take-up-london-city-uk/
JLL. "Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet)." Chart. January 24, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1202231/office-property-take-up-london-city-uk/
JLL. (2024). Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1202231/office-property-take-up-london-city-uk/
JLL. "Office Real Estate Take-up in The City of London, England, from 1st Quarter 2014 to 4th Quarter 2023 (in 1,000 Square Feet)." Statista, Statista Inc., 24 Jan 2024, https://www.statista.com/statistics/1202231/office-property-take-up-london-city-uk/
JLL, Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet) Statista, https://www.statista.com/statistics/1202231/office-property-take-up-london-city-uk/ (last visited July 22, 2024)
Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet) [Graph], JLL, January 24, 2024. [Online]. Available: https://www.statista.com/statistics/1202231/office-property-take-up-london-city-uk/