After five years of upward movement, London office vacancies stabilised in 2025. For the first time since 2019, the London office market experienced three consecutive quarters of positive net absorption, indicating that market conditions are improving. The improved absorption, or change in occupied stock, has resulted from strengthening tenant demand and increased take-up.
Does floorplate size matter?
A deep dive into vacancy and demand for London’s office floors reveals some interesting trends
CoStar Analytics
November 24, 2025 | 2:46 P.M.
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