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“The North London & Herts office market saw take up double in 2021, rising to 380,600 sq ft, with several larger lettings boosting activity.” 

Peter Higgins
Divisional Partner
Image of Peter Higgins

Our View

The North London & Herts office market recorded its strongest six monthly take up figures in in six years in H2 2021, with 221,000 sq ft of lettings agreed.  This brought overall activity for the year to 380,600 sq ft, broadly in line with the 10 year average for the region.  The largest letting in the year remained the 67,700 pre let to Autolus Therapeutics in Stevenage in Q3.

The first quarter 2022 has seen activity slow, with early indications showing that take up was down to 30,650 sq ft, with only small suite lettings completing.

     

Office market take-up
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Key Contact

Peter Higgins

Peter Higgins

Divisional Partner
020 3141 3534
[email protected]