“Increased competition for space is likely to result in double digit rental growth across various submarkets this year. We expect an uplift of 10% in the City and 11% in both the Docklands and Midtown,” says Sophy Moffat, Senior Analyst Central London Agency & Investment at DTZ.
“The tightening of supply is likely to continue with just three buildings offering over 200,000 sq ft at present — the Shard, Aldgate Tower and Moorgate Exchange — while there are also significant spaces currently under offer, including 145,000 sq ft in Becket House, SE1.
– Read more from DTZ
– Discuss London office rent rise in Buildington Property Forum
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