Supply and Demand still out of sync with the City hit especially hard
Even though plans are constantly submitted for new commercial properties, the Central London property market is continuing to experience a gulf between supply and demand. This has resulted in knock on effects in the capital’s core markets, with the City experiencing some of the lowest vacancy rates in its history. The area has seen small, medium and large floorplates all experiencing a negative availability to take-up correlation; in the end of 2015, the City had approximately 35 percent less floor space available than the same time previous year.
