Office vacancies in London’s City Core fell to 9.2% at the end of 2025, their lowest level for over five years and dipping below the Central London average for the first time in more than two decades.
City Core office vacancies fall below Central London average for first time in two decades
Strong demand, rising costs and hotel conversions are squeezing vacancies
CoStar Analytics
February 26, 2026 | 9:15 AM
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IN THIS ARTICLE
- Properties
- London Stock Exchange
10 Paternoster Sq, London, LND
- Custom House
20 Lower Thames St, London, LND
- 65
65 Gresham St, London, LND