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London City Market: twice the office supply, half the demand in first half of 2008
Added: (Fri Jul 25 2008)
London City Market: twice the office supply, half the demand in first half of 2008
CoStar, the UK leading real estate research company, has just released London Office Market Report, providing great highlight on the office market in London in the first half of 2008:
• City: twice the supply of available office space, and half the demand (compared to same time last year)
• West End: office supply remains limited, due to lack of development, keeping rents at premium levels
• At end of Q2 2008, the levels of office space under construction is close to equaling that of current available space!
The full report can be accessed here: http://www.focusnet.co.uk/index.aspx?fuseaction=public.marketreports&src=press
About CoStar Group
CoStar is the number one provider of verified Commercial Real Estate Information and marketing services in the UK and the U.S.
A NASDAQ quoted company ( CSGP) with over 20 years of experience, CoStar offers customers access via the Internet to the most comprehensive source of office, industrial and retail availability as well as requirements, deals comparables, building and town reports.
For more information please contact:
Caterina Rigoni
Marketing Director, CoStar UK
crigoni@costar.co.uk
T: +44 (0) 203 214 0100
D: +44 (0) 203 214 0241
F: +44 (0) 203 214 0126
10 Great Pulteney Street, London, W1F 9NB
www.costar.co.uk