A shortage of supply in the Central London office market is likely to drive relatively strong rental growth this year and next. In Europe, however, although office development pipelines have also been scaled back, with typically high vacancy rates and weak prospects for occupier demand, there seems to be little risk of undersupply across the continent. Accordingly, the rental outlook is mostly weak.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.