Patrick Scanlon is a Senior Director of Market Analytics at CoStar with over 25 years of experience researching, analysing and writing about commercial property. He is based in the London office and covers the London and the South of England markets....
Patrick Scanlon is a Senior Director of Market Analytics at CoStar with over 25 years of experience researching, analysing and writing about commercial property. He is based in the London office and covers the London and the South of England markets.
Previously, Patrick worked as the UK Offices research lead at Avison Young, before which he was Head of UK Offices research at Cushman & Wakefield. He also spent 13 years at Knight Frank where he was Head of Central London offices research. Patrick has produced research and analysis for some of the UK’s largest landlords, investors and occupiers. He has also advised the Prime Minister on policy for the development of London’s tech clusters.
He is a graduate of the University of Surrey and is a member of the Society of Property Researchers.
As we move through August, discussions across the UK’s commercial real estate markets turn to the “summer slowdown”. There is a widely held belief that leasing and sales volumes drop off ...
New office construction starts in the UK have fallen to their lowest recorded level amid rising financing and construction costs, and subdued office demand.
London's office market is entering a new phase defined by acute supply constraints, rising occupier expectations and increasingly complex investment decisions, according to landlords, investors and ...
Following similar events in Glasgow, Manchester, Leeds and Bristol, CoStar this week held a London offices roundtable with leading figures in the sector, as part of a series of discussions to try to ...
Rising interest rates have transformed the balance of power between real estate debt and equity investors over the past four years, but both sides of the capital stack continue to see opportunities ...
Artificial intelligence firms are expanding rapidly, but their location choices in each city highlight how they have favoured initial clustering in London while leasing in New York has been more ...
Artificial intelligence companies are becoming increasingly important to office demand in London, challenging predictions that technological advances would diminish the need for physical workplaces.
The Portsmouth Property Association gathered in the auditorium at Lakeside North Harbour for its annual CPD conference last week, with panellists from across the real estate spectrum sharing their ...
The latest in a series of roundtable breakfast events hosted by CoStar took place in Bristol this week. The event, which follows a similar one in Leeds, are part of a series of discussions being held ...
As artificial intelligence has evolved from a niche capability to a general-purpose technology, massive capital inflows have driven unprecedented growth in the sector. In the United Kingdom, France, ...
The time taken to sell UK commercial properties has risen to its highest level in more than four years as geopolitical uncertainty, financing constraints and ongoing price discovery slow ...
A slowdown in new investment listings indicates vendors are stepping back from bringing assets to market following the outbreak of the Iran conflict, interrupting what had been a strong start to 2026.
Annual office sales in New York reached more than £10 billion ($13.8 billion) in the first quarter, almost £2 billion higher than the comparable figure in London.
The UK economy expanded by 0.3% in March, led by broad-based increases across the services sector. As a result, the quarterly data reflected growth of 0.6%, up sharply from growth of 0.1% in the ...
AI has evolved from a specialist tool into everyday technology, attracting huge investment and driving rapid growth across the sector. Demand from AI firms has boosted leasing levels in several UK ...
Data for Q1 2026 suggests that the London office market has remained resilient amid economic and geopolitical uncertainty, rising inflation and renewed upward pressure on borrowing rates.
An increase in activity among smaller occupiers last year drove leasing volumes in London’s Southern Fringe submarket to its highest since 2016, when leasing rose to almost 1 million square feet, ...
The gap between office construction volumes in the world’s two biggest office markets reached a record high in the second half of 2025. There was more than 16 million square feet of office space ...