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Our View

Take up in the Eastern M25 office market fell below trend levels in 2020 following a period of strong activity dating back to mid 2017. Total take up for the first nine months of 2021 was 1.1m sq ft, only marginally below the figure achieved for the whole of the previous 12 months. All of the Glenny sub markets are seeing activity levels fall below their trend levels, with Docklands and the South East London & Kent markets operating at 50% of these levels. The North London & Herts market has performed strongest amongst the regions, with take up boosted by the 67,700 sq ft pre let to Autolus Therapeutics in Stevenage town centre. 

Office market take-up
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Key Contact

John Bell

John Bell

Managing Partner
020 3141 3500
[email protected]