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UK markets keep up pace in office take up

London’s office market is booming. There is currently over 11 million sq. ft. under development across the capital, in addition to more stock that is due to become available over the next 12-18 months, arriving at a pivotal time where demand is far outweighing supply. Sub markets are seeing record levels in terms of both vacancy rates with sub 3% across most of the capital, and rental levels with 200 Aldersgate in Farringdon recently letting floors at over £80 per sq. ft.