Prime office rents in North London & Herts market have remained relatively robust over the past six months, registering the smallest falls amongst the Glenny sub regions. Values receded by 1.7%, compared to a regional average of -5.8%, with values in three of the four locations remaining stable. The only exception to this has been Enfield, where values are down by 5.0% to £28.50 per sq ft over the past six months, following a prolonged period of stability. Owner occupier capital values have also remained relatively robust, falling by 9.4% over the past six and 12 months, compared to average falls across the region of 10.7% and 15.4% respectively.
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