This statistic from a report conducted by BNP Paribas on the London office market illustrates the ten year average vacancy rates of office real estate in London, England as of the third quarter of 2020. The Docklands area, situated on the former docks and currently one of the biggest cluster of high-rise office buildings, had the highest 10 year average vacancy rate with 8.5 percent. In the third quarter of the year, the vacancy rate of London City reached 7.4 percent which was above the long term average.
Ten year average vacancy rates of offices in London, England as of Q3 2020, by area
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BNP Paribas Real Estate. (May 12, 2020). Ten year average vacancy rates of offices in London, England as of Q3 2020, by area [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/873474/london-office-ten-year-vacancy-rates/
BNP Paribas Real Estate. "Ten year average vacancy rates of offices in London, England as of Q3 2020, by area." Chart. May 12, 2020. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/873474/london-office-ten-year-vacancy-rates/
BNP Paribas Real Estate. (2020). Ten year average vacancy rates of offices in London, England as of Q3 2020, by area. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/873474/london-office-ten-year-vacancy-rates/
BNP Paribas Real Estate. "Ten Year Average Vacancy Rates of Offices in London, England as of Q3 2020, by Area." Statista, Statista Inc., 12 May 2020, https://www.statista.com/statistics/873474/london-office-ten-year-vacancy-rates/
BNP Paribas Real Estate, Ten year average vacancy rates of offices in London, England as of Q3 2020, by area Statista, https://www.statista.com/statistics/873474/london-office-ten-year-vacancy-rates/ (last visited December 23, 2024)
Ten year average vacancy rates of offices in London, England as of Q3 2020, by area [Graph], BNP Paribas Real Estate, May 12, 2020. [Online]. Available: https://www.statista.com/statistics/873474/london-office-ten-year-vacancy-rates/