Leasing & Investment
2020 South East office take-up to end September reached 395,053 sq ft, 37% below the same period last year
Deals in the 5,000 - 20,000 sq ft size bracket continue to drive demand for office take-up in the South East
The vacancy rate in the South East rose to 7.6% in Q3 2020 up from 7.4% in Q2 2020
Q3 2020 South East office investment is 61% below Q3 2019
South East prime office yield remains unchanged in Q3 2020 and no evidence to suggest a shift over the next quarter
Overseas investors made up 40% of Q3 2020 transactions