Leasing & Investment
South East annual take-up in 2020 reached 1.6m sq ft, 36% below 2019 (2.6m sq ft)
The 5,000 - 20,000 sq ft size bracket continues to drive take-up levels in the South East accounting for a 78% share
The vacancy rate in the South East rose throughout the year reaching 8.9% in Q4 2020 up from 7.6% in the previous year
2020 South East office investment volumes is down just 7% on 2019
South East prime office yield remains unchanged in Q4 2020
Overseas investors made up 42% of Q4 2020 transactions