Commercial offices

"Slow start to 2021 as Lockdown 3.0 restricts investor activity"

"Lockdown constricts momentum in West End, but key investment themes endure"

"December records highest monthly volume of 2020 bringing the annual total to £4.48bn"

"Growing momentum culminates in record monthly turnover"

"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"

"Q2 was dominated by lockdown, and its impact has been felt across the region. Supply however remains tight, with the vacancy rate at 5.9%, so while there are short-term pressures on headline rents, the longer-term rental outlook is robust"

"There is a heightened awareness of the growth of new sectors post-lockdown. An even heavier reliance on our digital tech sector will certainly see new companies coming forward"

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

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