Our View
Prime rental values across the North London & Herts office market have remained relatively stable over the past 12 months, with the only adjustment to values being the -12.3% downward movement in Enfield prime rents to £25.00 per sq ft. The previous peak had been set by the pre let of a new HQ building in the town centre to Metaswitch. The company were subsequently purchased by Microsoft. Owner occupier capital values are continuing to edge downwards, having fallen by -10.2% over the past 12 months.
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Key Contact
Peter Higgins
Divisional Partner - East and North London & Herts Commercial Agency
020 3141 3534[email protected]