Office vacancies in London’s Victoria rose to a two-decade high last year and could rise further this year amid historically weak take-up and a big speculative completion. However, some investors remain interested in acquiring properties in this part of SW1.
Victoria’s secret: Office vacancies are high and take-up has plummeted
Occupier market conditions remain subdued in the West End enclave
CoStar Analytics
March 30, 2026 | 1:38 P.M.
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IN THIS ARTICLE
- Properties
- Belgrave House
76 Buckingham Palace Rd, London, LND
- Redevelopment
11 Belgrave Rd, London, LND
- Thirty High
Bressenden Pl, London, LND
- Francis House
11 Francis St, London, LND