Take up remained below trend levels in the North London & Herts office market in 2023, with total activity of 169,800 sq ft. The largest transaction during the year was the 18,460 sq ft letting to the Police & Crime Commissioner for Hertfordshire at St Albans Road, Hatfield pending the decision to redevelop their offices at Stanbrough in Welwyn Garden City.

The first quarter of 2024 has seen activity slow, with early indications showing that take up was down to 31,750 sq ft, with only one transaction above 10,000 sq ft completing. The largest deal was the 10,075 sq ft letting at Field House in Harlow.