office rents

"Covid-19 significantly restricted activity in Q2"

"Tenant requirements increase, while supply rises as leasing activity continues to remain subdued"

"Take-up and requirements increase month on month, although under-offers continue to fall"

"Grade A supply has fallen by 53% since the end of 2019"

"We are expecting rental falls in H2 before rebounding next year once normality returns"

"Q2 take-up down 67% on the long-term average whilst tenant requirements remain on hold"

"May sees an uptick in the level of requirements, although more are being placed on hold"

"High levels of pent-up underlying demand remain despite slow pace of leasing activity"

"Inevitable drop in take-up for April, although still a significant amount is under offer in the City"

"Take-up drops amidst Covid-19 uncertainty, whilst space under offer remains at a high level"