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London office construction at three year high

20 May 2019

According to Deloitte's London office crane survey, construction volumes between October 2018 and March 2019 stood at 13.2m sq ft, an improvement of 12% over the previous survey. This was buoyed by 37 new starts totalling 3.5m sq ft, the highest level in three years.

 

55% of the space has been pre-let, pimarily by TMTs (35%) and financial firms (29%),

 

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