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London take-up hits 5.5m sq ft in H1

According to Savills research, office take-up in Central London in the first half of 2017 has reached 5.5m sq ft, marking a 23% increase on the same point last year (4.5m sq ft) and the 10-year average (also 4.5m sq ft).
By James Buckley
July 26, 2017 | 2:15 P.M.

Savills says take-up has increased in both London’s City and West End markets driven by ongoing strong demand from tech and media (24% market share in the City, 25% in West End), insurance and financial (13% market share in both the City and West End) and with strong take-up from serviced office operators (8% market share in the City, 27% in West End).

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