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"Demand for offices in East London continued to gather momentum and hit a new peak of 3.7m sq ft, with increased requirements in all size bands."

Zack Berman
Head of Office and Mixed-Use Agency

Our View

Take up in the East London and Docklands market has remained below trend levels in the first three quarters of 2021, with a total of only 467,910 sq ft of space acquired. The East London market has seen activity recover from the previous 12 months, with lettings totalling 251,900 sq ft, 21% above the full year figure for 2020. Take up in Docklands, on the other hand remained subdued, despite a number of larger lettings.   

The largest transaction in East London was the 19,977 sq ft letting to Global Banking School, who increased their presence in area at 4 Cam Road Stratford. In Docklands, Apple took 66,700 sq ft of space at 1-5 Bank Street, whilst JLL took 38,800 sq ft at the newly completed 20 Water Street.  

      

Office market take-up
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Key Contact

Zack Berman

Zack Berman

Head of Office and Mixed-Use Agency
020 3141 3546
[email protected]