The next 12-18 months of the London commercial property market is looking like the same story as the previous 12 months; a lack of office stock across Central London, which in turn is squeezing rental prices up across the Capital. Indeed, this is not just the case in Central London. Over the last year there has been a total of 6 million sq ft of office space converted into residential across England. This is double the previous record of 3.7 million sq ft converted office to residential back in the boom year of 2008.