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.