Almost all London districts saw the office vacancy rate increase in 2023. Marylebone was the office market with the lowest vacancy rate in the fourth quarter of 2023, at 3.2 percent. At the other end of the spectrum were White City and Stratford where 21.6 percent and 19.4 percent of office space was vacant, respectively.
Vacancy rate of office real estate in London, England, in 4th quarter 2022 and 4th quarter 2023, by district
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Q4 2022
Q4 2023
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Knight Frank. (February 20, 2024). Vacancy rate of office real estate in London, England, in 4th quarter 2022 and 4th quarter 2023, by district [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/716416/office-property-vacancy-rate-by-district-london-west-end-uk/
Knight Frank. "Vacancy rate of office real estate in London, England, in 4th quarter 2022 and 4th quarter 2023, by district." Chart. February 20, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/716416/office-property-vacancy-rate-by-district-london-west-end-uk/
Knight Frank. (2024). Vacancy rate of office real estate in London, England, in 4th quarter 2022 and 4th quarter 2023, by district. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/716416/office-property-vacancy-rate-by-district-london-west-end-uk/
Knight Frank. "Vacancy Rate of Office Real Estate in London, England, in 4th Quarter 2022 and 4th Quarter 2023, by District." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/716416/office-property-vacancy-rate-by-district-london-west-end-uk/
Knight Frank, Vacancy rate of office real estate in London, England, in 4th quarter 2022 and 4th quarter 2023, by district Statista, https://www.statista.com/statistics/716416/office-property-vacancy-rate-by-district-london-west-end-uk/ (last visited August 24, 2024)
Vacancy rate of office real estate in London, England, in 4th quarter 2022 and 4th quarter 2023, by district [Graph], Knight Frank, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/716416/office-property-vacancy-rate-by-district-london-west-end-uk/