Latest Issue - Q3 11

By the end of the 3rd Quarter, it became clear that total investment transactions and occupier take-up in Midtown, could match or even exceed pre-recession levels by the end of the year. Take-up has been higher than expected throughout the year and by the end of the 3rd Quarter, had reached 1.84 million sq ft. As a result, we have projected total take-up of 2.4 million sq ft for 2011, comparable with the levels achieved in 2006 at 2.4 million sq ft and 2007 at 2.3 million sq ft.

The total value of Investment transactions at the end of the 3rd Quarter was just under £2 billion. Annual investment in Midtown will be close to the 2007 total of £2.6 billion by the end of the year. Demand from a wide variety of business sectors, low supply (6% availability rate) and a modest development pipeline has driven Investor interest.

To obtain a copy or arrange a market presentation, please contact Lizzie Cave on 020 7855 3531.

Quarter 2 2011
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Quarter 1 2011
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Quarter 4 2010
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Quarter 3 2010
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