Vacancy rate of office real estate in Central London 2013-2023

Published by Statista Research Department, Mar 18, 2024

The vacancy rate for office real estate in central London, England, reached the highest level on record in 2023. The share of vacant space started to increase in 2018 when it stood at five percent. By 2023, it had reached 9.5 percent. Vacancies are a sign of decreasing leasing activity, and supply outweighing demand. 

Office real estate vacancy rate in Central London from 2013 to 2023

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Release date

February 2024

Region

United Kingdom (England)

Survey time period

2013 to 2023

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