Office Leasing

"Take-up in Q1 was 23% up on the previous quarter, while supply remains limited"

"Activity rebounded in the first quarter of 2021"

"Q1 2021 City take-up the highest since first lockdown in March last year"

"A strong March sees Q1 take-up reach the highest level since lockdown began"

"While average rents continue to correct, the overall adjustment has started to slow. Although rents in poorly located and ageing buildings are expected to deteriorate further dragging down the market overall, certain wards and submarkets are expected to hold up well."

"An increase in number of transactions as sentiment improves in anticipation of lockdown restrictions easing"

"West End volumes set to increase following muted Q1"

"City supply continues to rise; however, Boris Johnson’s road map provides increased confidence"

"Edinburgh was the only key UK office market that showed an annual uplift in take-up for 2020"

"Yields remain static although sentiment improving"