Savills UK - West End Office Market Watch

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Summary

• Source: Savills
• Market: Office
• Date: 23rd April 2021

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Key take aways‍

• 6.9% up
  Vacancy rate is up 30 bps from the previous month
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• £118.50 up
  Average Prime rent for Q1 up 7% from Q1 2020
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• 564,532 sq ft take up
  Q1 take-up strongest quarter since lockdown began
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• 62%
  Developments set to complete this year have been pre-let
  

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View their full report here