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Occupiers increasingly bearish on Paddington as take-up falls to five-year low

Low prime vacancy may be inhibiting demand in London W2
CoStar Analytics
June 4, 2026 | 6:47 AM

Office demand has dropped off in the London West End enclave of Paddington, with take-up running at historically low levels and vacancies creeping upwards. However, the story is nuanced, with a lack of prime availability possibly holding back demand.

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