Central London in August 2020

  • Central London take-up fell to a record low of 79,000 sq ft, as the Covid-19 lockdown coincided with the usually quiet summer month of August.
  • Availability rose to 18.1m sq ft, rising to its highest level since 2010.
  • Under offers remained relatively stable at 1.7m sq ft, remaining below the 10-year monthly trend level of 3.2m sq ft.
  • Office investment totalled £421m, bringing the year-to-date total to £3.0bn.