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Office shortage hitting UK regional markets

Over the last 12-18 months, there is undoubtedly been a shortage of office space throughout the Capital. An increase in rents across London’s markets has been testament to this fact, with top rents being achieved in the West End, Midtown and City locations, whilst SE1 remains one of the tightest and most competitive markets out of them all. However, the lack of office supply is now spreading to UK regional markets.