The London office market saw robust demand in the face of wider market uncertainty in 2017 - Colliers International | London

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  2. The London office market saw robust demand in the face of wider market uncertainty in 2017

    31 January 2018
    Our latest London Offices Snapshot is now available.

    KEY HIGHLIGHTS INCLUDE:

    The London office market saw robust demand in the face of wider market uncertainty in 2017. In addition, long term commitments from Deutsche Bank alongside Bank of America, Citi, European Bank of Reconstruction and Development who are expected to sign for new HQs in 2018.
    Limited pipeline supply and occupier appetite is set to create acute shortages of prime product in many submarkets during 2018 – helping to insulate markets from downward pressure on prime rents.
    At the same time, a major influencer will be the flexible office, which in spite of hoovering up space, will deliver new product onto the market in 2018-19.
    On the investment side, Asia-Pacific investors paused for breath in Q4 but there is still plenty of hard evidence of strong Chinese (Hong Kong) investor appetite. We expect a continued widening of the overseas investor base throughout 2018.

    View the full report here.

    The Author

    Guy Grantham
    +44 20 7344 6793
    +44 779 596 3710
    Guy.Grantham@colliers.com