Demand for office real estate in the City of London exceeded six million square feet in 2023, which was the highest value recorded since 2019. Demand for offices plummeted in 2020 when the coronavirus pandemic broke out. Although take-up has increased since then, it remains below the levels before the pandemic.
Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023
(in 1,000 square feet)
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JLL. (January 24, 2024). Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202231/office-property-take-up-london-city-uk/
JLL. "Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet)." Chart. January 24, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202231/office-property-take-up-london-city-uk/
JLL. (2024). Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202231/office-property-take-up-london-city-uk/
JLL. "Office Real Estate Take-up in The City of London, England, from 1st Quarter 2014 to 4th Quarter 2023 (in 1,000 Square Feet)." Statista, Statista Inc., 24 Jan 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202231/office-property-take-up-london-city-uk/
JLL, Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202231/office-property-take-up-london-city-uk/ (last visited November 10, 2024)
Office real estate take-up in the City of London, England, from 1st quarter 2014 to 4th quarter 2023 (in 1,000 square feet) [Graph], JLL, January 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1202231/office-property-take-up-london-city-uk/