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“A number of larger requirements returned to the market in Q2 and Q3 boosting overall demand in the North London & Herts market.” 

Peter Higgins
Divisional Partner
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Our View

The North London & Herts office market has seen letting activity remain at below trend levels over the past few years, with only 108,600 sq ft of take up being recorded in the first three quarters of this year. This slow pace of activity has been largely due to a lack of larger lettings.

The largest transaction in the year to date was the 18,460 sq ft to the Police and Crime Commissioner for Hertfordshire at St Albans Road West, Hatfield in the first quarter and this has been followed by the second largest deal, which was the 6,000 sq ft letting to supply chain group, Converge at London Road Harlow.    

Office market take-up
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Key Contact

Peter Higgins

Peter Higgins

Divisional Partner - East and North London & Herts Commercial Agency
020 3141 3534
[email protected]