The first quarter of 2017 saw vacancy rates in the Central London office market rise considerably. The impact of a high volume of second hand space, along with the delivery of new major developments such as Angel Court Tower, has driven up the amount of space available. Morgan Pryce has seen an abundance of second hand space hit the market, with many tenants offering sub-leases or assignments – essentially putting fitted-out, ready to move in to space on the market, sometimes on flexible lease terms.