London Office Rentals Soaring #DespiteBrexit

London office rentals are soaring according to two separate reports released this week. 2.3 million square feet of office space was let in central London in the three months to March 31, according to estate agent JLL. That’s 14% up on last year and 5% up on the ten year average… 

Meanwhile agents CBRE say they have had the strongest first quarter since 2012. The firm estimates more than 9 million square feet of office space is being sought in London. Just last November the FT claimed the future of the London office rental market “looks distinctly grey… Companies are already rushing to secure space elsewhere. European rental markets are booming.” Look forward to their update…


Euro News



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Quote of the Day

John Bercow finally makes his view on Brexit known.

“Brexit is the biggest mistake of this country after the war. I respect PM Johnson but Brexit doesn’t help us. It’s better to be part of the [EU] power bloc.”

What a surprise…

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