Central London MarketBeat Quarterly Report


Real Estate Market Outlook

Office tenant sentiment is gradually improving, and office space viewings are picking up heading into Q2. The next 3-6 months will likely still see below average office take-up volumes although the phased re-opening of the economy should boost activity in the second half of 2021 and beyond.

Office supply levels are anticipated to continue on an upward trend, although the rate of tenant space being released is expected to slow as occupiers gain a firmer understanding of their office space needs going ahead. The development pipeline remains relatively restricted, and as such a significant uptick in the volume of New Grade A office space is unlikely.

We expect real estate investors to continue to seek opportunities to deploy capital in London in the remainder of 2021, driven by increased confidence fuelled by the vaccine rollout. Investment levels are expected to be improved once the international travel restrictions are lifted, which should improve real estate investor sentiment.  


Realising Real Estate Podcast
Insights • Retail

Realising Real Estate Podcast

Join our Cushman & Wakefield hosts Lottie Tollman and Richard Womack and listen to Realising Real Estate, the podcast that covers the spectrum of real estate. They will be discussing what's happening in the UK property markets with a wide range of experts. 

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Futures Cut - Hybrid reality

Sign up to Futures Cut - the regular blog from Richard Pickering, Chief Strategy Officer, UK - a personal view of the evolving role of real estate in a world of technological, social and business change.
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